Waterloo, IA Office Spaces for Rent & Lease

Updated: Apr 12

Mixed-Use Space with Garage

1118 Ansborough Avenue, Waterloo, IA 50701

$12 SF/Yr

0.25 AC lot

2,100 sq. ft. of finished lower‑level office and retail space
Additional 400 sq. ft. garage or storage area
Eight offices with a unisex bathroom and dedicated storage
Two separate access points support flexible occupancy layouts
0.25‑acre corner property at 1118 Ansborough Avenue

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Updated: Jul 20

Finished Office Unit with Garage

1118 Ansborough Ave, Waterloo, IA 50701

$12 SF/Yr

4,200 sqft

2,100 SF finished lower‑level office and retail area
Eight offices, unisex bathroom, and dedicated storage
Additional 400 SF garage or storage area
Two separate access points support flexible circulation
Corner property at 1118 Ansborough Ave. in Waterloo

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Small Office Unit

152-3336 Kimball Ave, Waterloo, IA 50701

$600/Mo

396 sqft

Functional office space with shared restrooms, on-site parking, and utilities paid by the landlord.

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Private-Office Suite

2315 Falls Ave, Waterloo, IA 50701

$625/Mo

12,500 sqft

Three enclosed offices with room for a reception or waiting area and shared hallway restrooms.

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Office Unit With Private Offices

2327 Falls Ave, Waterloo, IA 50701

$625/Mo

12,500 sqft

Three private offices are complemented by access to shared hallway bathrooms.

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Office Suite With Shared Entrance

2515 Cyclone Dr, Waterloo, IA 50701

$15 SF/Yr

25,650 sqft

Professional commercial space offers on-site parking and convenient access near major highways.

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9th-Floor Office Suite with Views

900-531 Commercial St, Waterloo, IA 50702

$1,100/Mo

2,500 sqft

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

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Office Suite with Private Offices

511 E 5th St, Waterloo, IA 50703

$8 SF/Yr

54,000 sqft

Third-level 5,069 SF office suite with elevator access, a dedicated conference room, and tenant parking in the KWWL Building.

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9th-Floor Office Suite

531 Commercial St, Waterloo, IA 50701

$1,800/Mo

49,038 sqft

9th-floor office suite in the Historic Waterloo Building with adaptable layout and secure building access.

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Waterloo Commercial Space For Rent

3551 University Avenue, Waterloo, IA 50701

$5,000/Mo

8,459 sqft

8,459 square foot commercial space available for rent.

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Built-Out Medical Office Suite

1655 E San Marnan Dr, Waterloo, IA 50702

$32 SF/Yr

14,840 sqft

Configured healthcare space with exam rooms, treatment area, staff lounge, and lab preparation space.

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Historic Building Retail/Office/Restaurant Space

209 West 5th Street, Waterloo, IA 50701

$10 SF/Yr

3,518 sqft

First floor space suitable for retail, office, or restaurant.

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Class A Office Suite

214 E 4th St, Waterloo, IA 50703

$18 SF/Yr

3,596 sqft

Newly renovated second-floor office suite with private offices, reception area, open workspace, and modern kitchen.

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Office Space with Multiple Rooms

360 Westfield Avenue, Waterloo, IA 50701

$17 SF/Yr

11,350 sqft

Office space featuring multiple private and conference rooms for rent.

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Retail Shell Suite

D-1655 E San Marnan Dr, Waterloo, IA 50701

$20 SF/Yr

2,800 sqft

Flexible shell space in a retail plaza with visibility, parking, and nearby national retailers.

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Office Suite with Private Offices

B-622 Progress Ave, Waterloo, IA 50701

$2,000/Mo

Reception area with a vaulted ceiling, conference space, and on-site parking create a functional workplace setting.

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Office Suite with Three Private Offices

4-2327 Falls Ave, Waterloo, IA 50701

$625/Mo

Office space includes three private offices with shared hallway bathrooms and a flat $50/month utility rate.

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Professional Office Suite

1-2310 Falls Ave, Waterloo, IA 50701

$700/Mo

Six private offices and a spacious reception area support a range of small-business and professional-service operations.

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10th-Floor Office Suite in Historic Building

1000-531 Commercial St, Waterloo, IA 50702

$1,800/Mo

Adaptable 10th-floor suite in a historic downtown building with secure access and attached parking garage.

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Office Unit With Private Offices

B-203 E Tower Park Dr, Waterloo, IA 50701

$14 SF/Yr

The suite features a lobby, reception area, signage opportunities, and access to a large parking area.

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Two-Story Corporate Office Campus

3451 Hammond Ave, Waterloo, IA 50702

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155,000 sqft 18.58 AC lot

Two-story former corporate office facility on 18.58 acres with campus flexibility for a range of end users.

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Community Service Office Suite

3-2530 University Ave, Waterloo, IA 50701

$8 SF/Yr

Full-service office suite with private offices, meeting room, restroom, and reception for qualifying 501(c)3 organizations.

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Downtown Waterloo Office Space Available

604 Lafayette St, Waterloo, IA 50703

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Second-story office space with downtown views and parking.

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Downtown Waterloo Office Space

531 Commercial St, Waterloo, IA 50701

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2,097 sqft

Premier 10th-floor office space in the Historic Waterloo Building.

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Waterloo, IA Office Spaces Lease Rates & Market Statistics

Explore 24 Office Spaces for lease in Waterloo, IA on Realmo, a commercial real estate exchange covering the Waterloo area. The current inventory totals 362,444 square feet of properties — an average of ~15,100 SF per listing.

Office Spaces lease rates in Waterloo range from $5.28 SF/Yr at the entry level to $32 SF/Yr at the top of the market, averaging $14.04 SF/Yr. That's a 6x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $14.04 SF/Yr, the local average runs 25% below Iowa's state average of $18.66 SF/Yr.

Waterloo accounts for 62% of the 39 office spaces currently available across Black Hawk County, where nearby markets include Cedar Falls and Hudson.