High-Traffic Former Bank
For Lease
$33 SF/Yr
57 E Tower Park Dr, Waterloo, IA 50701
Former bank space with high visibility in Waterloo, Iowa.
Space SizeContact for details
Days on Market442
Property Features for 57 E Tower Park Dr
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$21,460
Listing Agency:
Fischels Commercial Group
(319) 234-5000
Listed By:
Chris Fischels · License #B44779000
(319) 830-5000
Source:
Exprealty
Added: Aug 1, 2025
Changed: Oct 14
Last Checked: Oct 15 at 4:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fischels Commercial Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property, formerly a bank, offers a rare opportunity in a high-traffic location with excellent visibility. The existing setup is particularly well-suited for a bank or credit union. The property is located in Waterloo, Iowa.
Key Highlights
- High traffic location
- Great visibility
- Former bank location, ideal setup for bank/credit union
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,103
Businesses Nearby
276k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Superstores 29%
Shops & Services 25%
Home Improvements & Furnishings 8%
Sam's Club
Superstores
79,678 visits/mo
0.2 miles
Culver's
Dining
25,660 visits/mo
0.1 miles
Sam's Club Gas Station
Shops & Services
22,821 visits/mo
0.2 miles
McDonald's
Dining
22,637 visits/mo
0.2 miles
Fareway
Groceries
19,719 visits/mo
0.2 miles
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
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Bank - Former bank space with high visibility in Waterloo, Iowa.
Where is this bank located?
The property is located at 57 E Tower Park Dr Waterloo, IA.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: High traffic location; Great visibility; Former bank location, ideal setup for bank/credit union
