1657 Falls AveWaterloo, IA 50701

This exceptional 13,490-square-foot mixed-use property, located at 1657 Falls Avenue in Waterloo, Iowa, presents a compelling investment opportunity. Situated on a nearly one-acre lot (0.99 acres), this building boasts a prime location at the corner of Falls and Fletcher Avenues, offering excellent visibility and convenient access to US Highway 218. Built in 1918, the structure is zoned C-2 and features a versatile layout suitable for various uses, including auto shop and flex space. The interior includes a lobby, office space, a sales floor, and a substantial warehouse area equipped with floor drains and three at-grade overhead doors. Ample parking is available with 17 spaces on-site. The asking price is $599,950, translating to a price per square foot of $44.47. The property's APN is 891327201022. This property is ideal for businesses seeking a high-visibility location with substantial space and convenient access to major transportation routes. The combination of its location, size, and adaptable interior makes this a rare find in the Waterloo market. The property's history and current configuration offer a unique blend of character and functionality, making it an attractive option for a wide range of commercial enterprises. This is a truly exceptional opportunity to acquire a well-positioned and versatile commercial property in a thriving Iowa community.