206 Main St, Cedar Falls, IA 50613-2736
This exceptional retail space, located at 206 Main Street, offers 1,553 square feet of versatile commercial space in a highly desirable location. Situated in a historic building constructed in 1900, this property boasts charming architectural details including exposed brick and hardwood floors. The space is currently available for lease and presents a fantastic opportunity for businesses seeking a prominent Main Street presence. The building is zoned C-3, allowing for a variety of commercial uses. The asking lease rate is $15.50 per square foot, NNN. This means tenants are responsible for property taxes, insurance, and common area maintenance. The open floor plan provides flexibility for customization to suit individual business needs. The high traffic volume on Main Street ensures excellent visibility and accessibility for customers. This property is part of a larger building totaling 2,720 square feet, with multiple tenants. The property is located in Black Hawk County. Don't miss this chance to establish your business in a vibrant and well-trafficked area. This space is perfect for a business that values character and prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.