Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    245 Fletcher Ave Waterloo, IA 50701

    Sponsored
    For Lease
    $8 SF/Yr ($5,409 /Mo)

    Prime Waterloo retail space, 2,460 sq ft.

    Lot size:
    8,064 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant retail space, located at 245 Fletcher Avenue, Suite B, Waterloo, IA 50701, offers 2,460 square feet of versatile commercial space within a larger 8,064 square foot building. Built in 1988, the property is zoned C-1 and C-Z, providing flexibility for a variety of retail uses. The suite boasts a spacious sales floor or reception area, ideal for customer interaction, complemented by a private office for administrative tasks. A large breakroom provides ample space for employee relaxation and collaboration, while a dedicated storage area ensures efficient organization. Convenient washer and dryer hookups are included, adding to the practicality of the space. A single restroom is conveniently located within the suite. The property's highly visible location at the corner of Fletcher and University Avenues, coupled with the availability of highly visible rooftop signage, ensures maximum exposure for your business. The property's APN is 891327204028. This is a fantastic opportunity for a business seeking a well-appointed and conveniently located retail space in a thriving Waterloo community. The minimum divisible space is 2,460 square feet, and the maximum contiguous space available is also 2,460 square feet.

    Property Features for 245 Fletcher Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,064 SF
    Total Rate
    5409.6

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    Size
    2,460 SF
    Rate per SF
    $8

    HighLights

    • 2,460 SF single‑tenant retail space at 245 Fletcher Ave, Suite B, Waterloo, IA 50701.
    • Located in an 8,064 SF building (built 1988), zoned C‑1 and C‑Z.
    • Features sales floor, private office, breakroom, storage, and washer/dryer hookups.
    • High visibility corner location at Fletcher & University Avenues with rooftop signage potential.
    • APN: 891327204028.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hellman Accounting PC Accountant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.366773558964
    Latitude
    42.496571542525

    Nearby Similar for Lease

    • New
      $6,500 /Mo
      192,971 SF

      Versatile Commercial Property in Waterloo

      31,721 SF commercial space with warehouse, shop, and office.
      3130 W Shaulis-Entire Property Lease, Waterloo, IA 50701
      View Details
    • $5,000 /Mo
      164,221 SF

      Waterloo Industrial Space with Shop

      Industrial space with shop, renovated office, and ample yard.
      2612 Texas St, Waterloo, IA 50702
      View Details
    • $5 SF/Yr
      132,858 SF

      Waterloo Industrial Space For Lease

      Versatile industrial property in Waterloo's established industrial corridor.
      3050 Wagner Rd, Waterloo, IA 50703
      View Details
    • $4,250 /Mo
      5,663 SF

      Restaurant/Bar Space in Downtown Waterloo

      Prime downtown location with ready-to-go kitchen and flexible layout.
      225-229 E 4Th St, Waterloo, IA 50703
      View Details
    • New
      $2,500 /Mo
      192,971 SF

      Waterloo Commercial Property with Shop

      Highly visible commercial property with showroom, offices, and heated shop.
      3130 W Shaulis-Office & Shop Lease, Waterloo, IA 50701
      View Details
    • New
      $2,500 /Mo
      192,971 SF

      Waterloo Warehouse with Paint Booth

      Commercial warehouse with paint booth for lease in Waterloo.
      3130 W Shaulis- Warehouse Lease, Waterloo, IA 50701
      View Details
    • $18 SF/Yr
      12,000 SF

      Downtown Waterloo Retail Space

      Newly Renovated Office/Retail Suite - 718 SF
      614 Mulberry St, Waterloo, IA 50703
      View Details
    • $10 SF/Yr
      198,000 SF

      Waterloo Office Suites - Marriott Connected

      Prime office space near Deere & Co.
      250 Westfield Ave, Waterloo, IA 50701
      View Details
    • $7 SF/Yr
      6,714 SF

      Crossroads Blvd Retail Opportunity

      Prime 6,714 SF Retail Space, Redevelopment Potential
      2532 Crossroads Blvd, Waterloo, IA 50702
      View Details
    • $6 SF/Yr
      51,900 SF

      Prime Waterloo Industrial Space

      51,900 SF Flex Space, 6 Acres
      3530 Marnie Ave, Waterloo, IA 50701
      View Details
    • $6 SF/Yr
      30,705 SF

      Crossroads Blvd Retail Space

      Waterloo, IA: 7,200 SF Retail Available
      2039 Crossroads Blvd, Waterloo, IA 50702
      View Details
    • Contact for pricing
      8,459 SF

      Waterloo Retail Space: Prime Location

      8,459 SF Retail Space - Available Now
      3551 University Ave, Waterloo, IA 50701
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Waterloo retail space, 2,460 sq ft.
    Where is this retail property located?
    The property is located at 245 Fletcher Ave Waterloo, IA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 2,460 SF single-tenant retail space at 245 Fletcher Ave, Suite B, Waterloo, IA 50701.; Located in an 8,064 SF building (built 1988), zoned C-1 and C-Z.; Features sales floor, private office, breakroom, storage, and washer/dryer hookups.
    Request Owner's contact information
    245 Fletcher Ave Waterloo, IA 50701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    245 Fletcher Ave
    Waterloo, IA 50701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    245 Fletcher Ave Waterloo, IA 50701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.