Office Suite with Skyline
For Lease
$1,100/Mo
531 Commercial Street, Waterloo, IA 50701
Commercial Lease, Waterloo, IA
Space Size2,500 SF
Lot Size0.31 Acres
Days on Market193
Property Features for 531 Commercial Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
C-3
Directions
On Commercial Street in Waterloo
Standard status
Active
APN
891326234019
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
MILL SQUARE WATERLOO PART OF LOTS 1,2,3,25,26,27, AND PART VAC ALLEY DESC AS FOL COM AT A PT SWLY LINE SAID LOT 1 WHICH IS ALSO THE NELY LINE COMMERCIAL ST WHICH PT IS 79.39 FT NWLY FROM WLY COR LOT 22 FRAC BLK 5 ORIG PLAT WEST TH NWLY ALONG SWLY LIN E S
Tax Annual Amount
38150
Legal Description
MILL SQUARE WATERLOO PART OF LOTS 1,2,3,25,26,27, AND PART VAC ALLEY DESC AS FOL COM AT A PT SWLY LINE SAID LOT 1 WHICH IS ALSO THE NELY LINE COMMERCIAL ST WHICH PT IS 79.39 FT NWLY FROM WLY COR LOT 22 FRAC BLK 5 ORIG PLAT WEST TH NWLY ALONG SWLY LIN E S
Amenities
panoramic views
secure building access
attached parking garage
refreshed lobby
Building Details
Year built
1914
Listing Agency:
Lockard Realty Company
(319) 277-8000
Listed By:
Lindsey McEnaney · License #S70812000
(563) 419-7644
Added: Apr 21
Changed: Oct 28
Last Checked: Oct 30 at 4:06PM
MLS# 20261635
Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
A 2,500-square-foot office suite occupies the 9th floor of the Waterloo Building, constructed in 1914. Its layout can be arranged for reception, enclosed offices, and shared work areas, with views of the city skyline and riverfront. The 9th- and 10th-floor spaces may be combined, subject to availability and lease terms.
Building features include controlled entry, an attached parking garage, and a refreshed lobby. The property is zoned C-3.
Building features include controlled entry, an attached parking garage, and a refreshed lobby. The property is zoned C-3.
Key Highlights
- 2,500 square feet on the 9th floor
- 9th- and 10th‑floor space may be combined
- Skyline and riverfront views
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
Demographics for 50701, IA
29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
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Market
Lease Benchmarks for Waterloo, IA
$12.82 /SF/Yr
Avg Asking Price
$2.21–$32 /SF/Yr
Price Range
15,892 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible floor space accommodates reception, private offices, and collaborative work areas.
Where is this office unit located?
The property is located at 531 Commercial Street Waterloo, IA.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: 2,500 square feet on the 9th floor; 9th- and 10th‑floor space may be combined; Skyline and riverfront views
