Auto Mechanic Shop with Overhead
For Sale
$275,000
701 Franklin St, Waterloo, IA 50703
Includes sales floor, two offices, bathroom, and an auto mechanic shop with two overhead doors.
Property SizeContact for details
Days on Market378
Property Features for 701 Franklin St
General Information
Standard status
Active
Additional Details
Traffic Count
13,220 vehicles/day
Drive-In Doors
2
Taxes and HOA fees
Annual Taxes
$5,436
Listing Agency:
Miehe Commercial Real Estate
Listed By:
Matt Miehe, CCIM · License #B58183000
(319) 269-6222
Source:
Exprealty
Added: Aug 28, 2025
Changed: Sep 8
Last Checked: Sep 8 at 12:45PM
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 Miehe Commercial Real Estate
Investment Insights
Based on property information with market context.
701 Franklin Street is a versatile commercial property positioned at a high-visibility intersection with an average daily traffic count of 13,220 (ADT). The interior layout includes a large sales floor or lobby, two private offices, and one bathroom, offering straightforward space for a range of storefront and service uses.
On-site improvements also include an auto mechanic shop with two overhead doors sized 13' x 10' for vehicle access or deliveries. The property is situated on three parcels and includes a large parking field to support customer parking and day-to-day operations.
The site is located in the Central Business District and is surrounded by prominent local landmarks, including Waterloo City Hall, the Black Hawk County Courthouse, and East High School.
On-site improvements also include an auto mechanic shop with two overhead doors sized 13' x 10' for vehicle access or deliveries. The property is situated on three parcels and includes a large parking field to support customer parking and day-to-day operations.
The site is located in the Central Business District and is surrounded by prominent local landmarks, including Waterloo City Hall, the Black Hawk County Courthouse, and East High School.
Key Highlights
- High‑visibility location at a busy intersection with 13,220 Average Daily Traffic (ADT) count
- Commercial space with large sales floor/lobby, two private offices, and one bathroom
- Includes an auto mechanic shop with two overhead doors (13' x 10') for vehicle access or deliveries
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
13,220 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
17k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 39%
Home Improvements & Furnishings 5%
Groceries 4%
Hardee's
Dining
6,419 visits/mo
0.1 miles
Dollar General
Shops & Services
4,963 visits/mo
0.3 miles
Cenex
Shops & Services
2,650 visits/mo
0.1 miles
Regions Bank
Shops & Services
976 visits/mo
0.2 miles
Spellers True Value
Home Improvements & Furnishings
880 visits/mo
0.4 miles
Demographics for 50703, IA
18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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- Metro Transmission & Auto Repair — 326 W 10th St, Waterloo, IA 50702
Frequently Asked Questions
What type of property is this?
Auto shop - Includes sales floor, two offices, bathroom, and an auto mechanic shop with two overhead doors.
Where is this auto shop located?
The property is located at 701 Franklin St Waterloo, IA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: High‑visibility location at a busy intersection with 13,220 Average Daily Traffic (ADT) count; Commercial space with large sales floor/lobby, two private offices, and one bathroom; Includes an auto mechanic shop with two overhead doors (13' x 10') for vehicle access or deliveries
