Vacant Retail/Office
For Sale
$135,000
701 W 5th Street, Waterloo, IA 50702
Vacant, high-visibility commercial building with a wide-open layout, dedicated parking, and exterior signage opportunities on a major roadway.
Property Size3,297 SF
Price / SF$40.95
Days on Market52
Property Features for 701 W 5th Street
General Information
Standard status
Active
Size
3,297 SF
Property subtype
Commercial
Zoning
R-4
Lease Type
Gross
Lease Term
Years - 2
Net Operating Income
$11,020
Taxes and HOA fees
Annual Taxes
$1,582
Amenities
Corner Lot
0.2
3297
Building Details
Building Size
3,297 SF
Year Built
1905
Listing Agency:
Burke Real Estate
(319) 393-0900
Listed By:
Kyle Steele
(319) 981-2378
Source:
Pinnaclerealtyia
Added: Jul 24
Changed: Sep 12
Last Checked: Sep 13 at 4:29AM
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 Burke Real Estate
Investment Insights
Based on property information with market context.
This vacant commercial building presents a flexible, wide-open interior that can be configured for retail operations, professional offices, or other compatible uses. The space is move-in ready and currently clean, offering a blank-canvas setup for an end user’s build-out plans. Exterior exposure and roadside signage opportunities are supported by a prominent facade.
The property is positioned on one of Waterloo’s busiest roadways, providing visibility to passing traffic. The site includes dedicated, convenient parking for employees and clients.
701 W 5th Street may be purchased separately or together with 705 W 5th Street for a discount, or leased. The offering includes the adaptability described in the current layout and is well suited for tenants seeking a main-road presence with an adjustable floor plan.
The property is positioned on one of Waterloo’s busiest roadways, providing visibility to passing traffic. The site includes dedicated, convenient parking for employees and clients.
701 W 5th Street may be purchased separately or together with 705 W 5th Street for a discount, or leased. The offering includes the adaptability described in the current layout and is well suited for tenants seeking a main-road presence with an adjustable floor plan.
Key Highlights
- Vacant commercial building with a wide‑open interior layout for flexible retail, office, or hybrid use
- Corner lot on a major thoroughfare with exterior facade and roadside signage opportunities
- Includes dedicated parking for employees and clients
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Explore this area
Business Placement
Demographics for 50702, IA
20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Vacant, high-visibility commercial building with a wide-open layout, dedicated parking, and exterior signage opportunities on a major roadway.
Where is this retail space located?
The property is located at 701 W 5th Street Waterloo, IA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Vacant commercial building with a wide‑open interior layout for flexible retail, office, or hybrid use; Corner lot on a major thoroughfare with exterior facade and roadside signage opportunities; Includes dedicated parking for employees and clients
