High-Visibility Commercial
For Sale
$75,000
705 W 5th Street, Waterloo, IA 50702
SINGLE_FAMILY - Waterloo, IA
Property SizeContact for details
Lot Size0.05 Acres
Days on Market20
Property Features for 705 W 5th Street
General Information
Property type
Residential
Property subtype
Office
Zoning
C-2
Directions
From Hwy 218 turn to the south in W 5th St, Property is on left side
Standard status
Active
APN
891326406018
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
DOES ADDITION SW 34 FT NE 74 FT LOT 5 BLK 18
Tax Annual Amount
921
Legal Description
DOES ADDITION SW 34 FT NE 74 FT LOT 5 BLK 18
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1977
Listing Agency:
RE/MAX Concepts - Cedar Falls · RE/MAX International
(319) 266-7100
Listed By:
Gordie Sorensen · License #B59768000
(319) 269-1164
Added: Jul 24
Changed: Jul 28
Last Checked: Aug 12 at 6:06PM
MLS# 20263453
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.
Investment Insights
Based on property information with market context.
This vacant commercial building offers a flexible, wide-open interior that can be configured for a variety of uses, including retail operations, professional offices, or other business setups that benefit from an adaptable layout. The property includes dedicated parking for employees and clients, supporting straightforward access for staff and visitors.
The building is located on a major thoroughfare in Waterloo, positioned for high day-to-day visibility. The exterior façade also provides signage opportunities for businesses looking to capture passing traffic.
The offering includes 705 W 5th Street, and the public remarks note that 701 & 705 W 5th St. may be purchased separately or together, with an option to lease as well. Zoning is listed as C-2.
The building is located on a major thoroughfare in Waterloo, positioned for high day-to-day visibility. The exterior façade also provides signage opportunities for businesses looking to capture passing traffic.
The offering includes 705 W 5th Street, and the public remarks note that 701 & 705 W 5th St. may be purchased separately or together, with an option to lease as well. Zoning is listed as C-2.
Key Highlights
- Vacant commercial building at 701 & 705 W 5th St. (may be purchased separately or together for a discount).
- Open, flexible layout suited for retail, professional offices, or hybrid business use.
- Central air conditioning with natural gas forced‑air heating.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Vacant C-2 building with a wide-open floor plan and dedicated parking on a major thoroughfare.
Where is this office units located?
The property is located at 705 W 5th Street Waterloo, IA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Vacant commercial building at 701 & 705 W 5th St. (may be purchased separately or together for a discount).; Open, flexible layout suited for retail, professional offices, or hybrid business use.; Central air conditioning with natural gas forced‑air heating.
