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Six-Office Professional Suite
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622 Progress Avenue, Waterloo, IA 50701

C-2-zoned office suite with private workrooms, reception, and client parking near University Avenue.

Property Size3,224 SF
Price / SF$1.82
Days on Market4

Property Features for 622 Progress Avenue

General Information

Standard status Active
Size 3,224 SF
Total Parking Spaces 6
Property subtype Commercial
Zoning C-2
Lease Type Gross

Taxes and HOA fees

Annual Taxes $10,968

Amenities

0.52
3224

Building Details

Building Size 3,224 SF
Year Built 1993
Listing Agency: Cedar Valley Property Solutions-Charles City
Listed By: Lydia Fitzgerald
Source: Pinnaclerealtyia
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 4 at 3:35AM

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 Cedar Valley Property Solutions-Charles City

Investment Insights

Based on property information with market context.

This 1,100-square-foot office suite was built in 1993 and provides a practical layout for professional occupancy. The interior includes six private offices, a larger room suitable for breaks or conferences, and a reception area distinguished by a vaulted ceiling.

Located at 622 Progress Avenue in Waterloo, the property sits just off University Avenue. On-site parking includes six spaces, with additional street parking available for staff and visitors. C-2 zoning supports the property’s commercial office classification.

Key Highlights

  • 1,100‑square‑foot office suite with six private offices
  • Break or conference room plus a vaulted‑ceiling reception area
  • Six on‑site parking spaces and additional street parking

Property Analytics

Current Use

Brandon Pedersen - Thrivent Financial Advisor Advanced Family Eye ... Physician Thrivent Financial: Midwest ... Financial Advisor Gabe Groothuis - Thrivent Financial Advisor Alex Renaud - Thrivent Financial Advisor

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Law Firm Dental Office Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

612
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - C-2-zoned office suite with private workrooms, reception, and client parking near University Avenue.
Where is this office units located?
The property is located at 622 Progress Avenue Waterloo, IA.
What are key features of this property?
This property features: 1,100‑square‑foot office suite with six private offices; Break or conference room plus a vaulted‑ceiling reception area; Six on‑site parking spaces and additional street parking
More about this property
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