421 Main Street, Cedar Falls, IA 50613

$750,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$750,000
MLS#
20261361
Status
ACTIVE
Type
Commercial
Subtype
Commercial Sale
Year Built
1967
Acres
0.13
County
Black Hawk
City
Cedar Falls

Property Description

Prime Downtown Cedar Falls investment opportunity in a vibrant, high-traffic corridor offering exceptional visibility and strong consumer draw. The property is fully equipped for hospitality or entertainment use, featuring 15 mounted televisions, a professionally installed sound system, and a comprehensive security system. Operational infrastructure includes a walk-in beer cooler, walk-in cooler/freezer combination, and a Micromatic draft beer system already in place. Recent capital improvements include updated HVAC systems completed in February 2026 by Bergan. With excellent downtown parking availability and a dynamic surrounding tenant mix, this asset is ideally positioned for continued success in one of Cedar Falls’ most sought-after commercial districts.

Additional Information

Unexempt Taxes
$26,082
Lot Size
5,808

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Miehe Commercial Real Estate.