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9th-Floor Office Suite with Views

900-531 Commercial St, Waterloo, IA 50702

For Lease
$1,100/Mo

Flexible 9th-floor suite with adaptable layout, secure access, and parking for professional teams.

Space SizeContact for details
Days on Market203

Property Features for 900-531 Commercial St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $38,150
Listing Agency: Lockard Realty Company
Listed By: Lindsey McEnaney · License IA S70812000
Source: Exprealty
Added: Apr 21 Changed: Nov 9 Last Checked: Nov 8 at 9:15AM

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 Lockard Realty Company

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Investment Insights

Based on property information with market context.

A 2,500-square-foot office suite is available on the 9th floor of the Historic Waterloo Building. The space is designed to support a professional environment with an adaptable layout that can accommodate a reception area, private offices, and collaborative workspaces. The building offers secure access, a refreshed lobby, and an attached parking garage for tenant convenience. Space is available to combine the 9th and 10th floors for additional flexibility, and tenant improvement allowances may be available with qualified terms.

Located at 900-531 Commercial St in Waterloo, Iowa, the suite is positioned to capture panoramic views of the city skyline and riverfront. The combination of a secure, maintained building entry and the high-floor vantage point makes the space well-suited for office users that want both day-to-day practicality and a distinctive presentation.

This configuration supports a range of tenants, including professional firms, creative agencies, and administrative operations. The reception-and-office layout options make it straightforward to plan for client-facing space, focus areas, and team collaboration, while the ability to combine floors can help larger groups plan for expanded office needs. Tenant improvement assistance may be available for qualified tenants, supporting customization of the final workplace layout.

Key Highlights

  • Approximately 2,500 SF available on the 9th floor in the Historic Waterloo Building
  • Panoramic views of the city skyline and riverfront
  • Adaptable layout for a reception area, private offices, and collaborative workspaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Pharmacy Skin Care Clinic Storage Facility Garden Center

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

Lease Details

NNN (Triple Net)
Lease Type
$0.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,344
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Waterloo, IA

$23.43 /SF/Yr
Avg Asking Price
$2.21–$180 /SF/Yr
Price Range
17,214 SF
Avg Space Size

This space is priced 77% below the average of $23.43 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Waterloo, IA

$8.93 Jul
$11.95 Aug
$12.66 Sep
$24.23 Oct

Properties on Market for Office Units in Waterloo

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Flexible 9th-floor suite with adaptable layout, secure access, and parking for professional teams.
Where is this office unit located?
The property is located at 900-531 Commercial St Waterloo, IA.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: Approximately 2,500 SF available on the 9th floor in the Historic Waterloo Building; Panoramic views of the city skyline and riverfront; Adaptable layout for a reception area, private offices, and collaborative workspaces
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