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Downtown Waterloo Office Space Available
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604 Lafayette St, Waterloo, IA 50703

Second-story office space with downtown views and parking.

Space Size4,000 SF
Days on Market859

Property Features for 604 Lafayette St

General Information

Standard status Active
Size 4,000 SF
Property subtype Office
Lease Type Gross

Building Details

Tenancy Single

Spaces For Lease

at 604 Lafayette St Contact us

Available Space

Size
4,000 SF
Availability
Active
Contact us
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe · License #B58183000
Source: Crexi
Added: May 8, 2024 Changed: Sep 12 Last Checked: Sep 13 at 7:11AM

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 Miehe Commercial Real Estate

Investment Insights

Based on property information with market context.

This second-story office space offers views of Downtown Waterloo. It is situated at the corner of E. Fourth and Lafayette Streets, with access from the rear Main Street Waterloo parking lot and elevator access. The layout includes several private offices, approximately six to seven, along with a large board room or training center, a reception area, a kitchenette, and bathrooms. Parking is available through Main Street Waterloo’s parking lot. The property is professionally managed. The gross lease rate includes estimated average utilities of $259 per month for electric, gas, water, sewer, and garbage.

Key Highlights

  • Prime location with beautiful views of Downtown Waterloo.
  • Convenient access from Main Street Waterloo parking lot and elevator.
  • Includes several private offices (6‑7) and a large board room/training center.

Property Analytics

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Current Use

Amber Lacina Physician Olivia Hickman Counselor

Suggested Use

Top Pick Skin Care Clinic Locksmith Pharmacy Garden Center Home Appliance Store Catering Service

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
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

$12.2 /SF/Yr
Avg Asking Price
$1.1–$20 /SF/Yr
Price Range
12,406 SF
Avg Space Size

This space is priced 283% above the average of $12.2 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Second-story office space with downtown views and parking.
Where is this office units located?
The property is located at 604 Lafayette St Waterloo, IA.
What is the lease rate?
The lease rate is $46.68 SF/Yr.
What are key features of this property?
This property features: Prime location with beautiful views of Downtown Waterloo.; Convenient access from Main Street Waterloo parking lot and elevator.; Includes several private offices (6‑7) and a large board room/training center.
(319) 269-6222 Call to check price and availability
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