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$175,000
20263472 MLS
FOR SALE OR LEASE! Prime 2,996 SF commercial building on a high-visibility corner lot directly across from Kwik Star. The open-concept layout offers endless possibilities for retail, restaurant, office, service business, fitness studio, storage, or other commercial uses. Features include 2 bathrooms, office space, kitchen with hood, sinks and select appliances, plus ample off-street parking. Excellent exposure, strong traffic counts, and flexible opportunities for an owner-user or tenant. Available for lease at $2,000/month modified gross lease or available for purchase. Bring your vision and make it your own!

504 Riehl Street, Waterloo
$199,900
20263471 MLS
Please use Showingtime to set up appointments. Call/text Sara with questions (319) 883-5008. Available to lease $2500 per month modified gross lease

3422 Lafayette Road, Evansdale
$75,000
20263453 MLS
Discover your business's next chapter in this versatile, high-visibility commercial building. Situated on one of Waterloo’s busiest roadways, this vacant property offers unparalleled exposure and an adaptable floor plan perfect for retail operations, professional offices, or a hybrid enterprise. High-Visibility Location: Positioned on a major thoroughfare with high daily traffic counts, ensuring maximum brand exposure and a steady stream of potential walk-in customers. Flexible Zoning & Layout: Featuring a wide-open floor plan, this blank-canvas space can easily be configured into a vibrant retail storefront, a modern open-concept office, or a traditional corporate suite with private offices. Move-In Ready or Customizable: The building is currently vacant and clean, allowing for immediate possession and rapid build-out tailored specifically to your business needs. Ample Parking: Includes dedicated, hassle-free parking for both employees and clients, a crucial advantage on a busy main road. Excellent Signage Opportunities: Prominent exterior facade and roadside signage options ensure your business stands out to passing traffic. Possibilities Include: Retail Storefront: Perfect for a boutique, specialty grocery, showroom, or convenience market. Professional Services: Ideal for an insurance agency, law firm, accounting practice, or real estate office. Medical or Wellness Clinic: Suitable for physical therapy, chiropractic care, a dental practice, or a hair/nail salon. Creative Space: Great for a tech startup, marketing agency, or photography studio needing a blend of office and workshop areas. Don't miss the chance to anchor your business in a thriving, high-traffic Waterloo location. Bring your vision and explore the endless potential this property has to offer! 701 & 705 W 5th St., may be purchased separately or together for a discount. Or Leased.

705 W 5th Street, Waterloo
$135,000
20263452 MLS
Discover your business's next chapter in this versatile, high-visibility commercial building. Situated on one of Waterloo’s busiest roadways, this vacant property offers unparalleled exposure and an adaptable floor plan perfect for retail operations, professional offices, or a hybrid enterprise. High-Visibility Location: Positioned on a major thoroughfare with high daily traffic counts, ensuring maximum brand exposure and a steady stream of potential walk-in customers. Flexible Zoning & Layout: Featuring a wide-open floor plan, this blank-canvas space can easily be configured into a vibrant retail storefront, a modern open-concept office, or a traditional corporate suite with private offices. Move-In Ready or Customizable: The building is currently vacant and clean, allowing for immediate possession and rapid build-out tailored specifically to your business needs. Ample Parking: Includes dedicated, hassle-free parking for both employees and clients, a crucial advantage on a busy main road. Excellent Signage Opportunities: Prominent exterior facade and roadside signage options ensure your business stands out to passing traffic. Possibilities Include: Retail Storefront: Perfect for a boutique, specialty grocery, showroom, or convenience market. Professional Services: Ideal for an insurance agency, law firm, accounting practice, or real estate office. Medical or Wellness Clinic: Suitable for physical therapy, chiropractic care, a dental practice, or a hair/nail salon. Creative Space: Great for a tech startup, marketing agency, or photography studio needing a blend of office and workshop areas. Don't miss the chance to anchor your business in a thriving, high-traffic Waterloo location. Bring your vision and explore the endless potential this property has to offer! 701 & 705 W 5th St., may be purchased separately or together for a discount. Or Leased.

701 W 5th Street, Waterloo
$2,100,000
20263422 MLS
Fully occupied, income-producing corner property in Cedar Falls' fastest-growing retail corridor, offering high traffic counts and strong visibility. Part of a larger strip development surrounded by coffee shops, hair salons, medical offices, and local businesses. 100% leased with three tenants, including a national franchise and established local medical tenants; leases include annual rental increases and shared parking. Rear of building overlooks Prairie Lakes Park with pond and walking trail access. Near Hwy 58/20 interchange, minutes from UNI and downtown Cedar Falls. Full financials available for qualified investors; contact agent.

936 Viking Road, Cedar Falls
$130,000
20263403 MLS
Own one of the Cedar Valley's most recognizable and distinctive hospitality businesses. The Ragged Edge Art Bar & Gallery is a thriving, turnkey establishment that seamlessly blends an upscale cocktail lounge with a vibrant local art gallery, creating an experience unlike any other in the area. Situated in the heart of Downtown Cedar Falls, the business has cultivated a loyal customer following and a strong reputation as a destination for handcrafted cocktails, rotating local art exhibits, live music, special events, and community gatherings. Operating from an attractive leased location with favorable occupancy costs, the business has demonstrated consistent financial performance while offering significant opportunities for future growth. A new owner can build upon its established brand through expanded hours, private events, catering, enhanced entertainment programming, and strategic marketing initiatives. The sale includes the established business, goodwill, furniture, fixtures, equipment, inventory, and the opportunity to assume the existing lease (subject to landlord approval). With an established customer base, and a respected presence within one of Iowa's most vibrant downtown districts, this is a rare opportunity to acquire a profitable, lifestyle-oriented business with immediate cash flow and substantial upside potential. Whether you're an experienced hospitality operator, entrepreneur, or investor, The Ragged Edge Art Bar & Gallery offers the opportunity to step into a successful business with an exceptional reputation and continue its legacy while writing the next chapter of its growth.

504 Bluff Street, Cedar Falls
$750,000
20263340 MLS
Exceptional opportunity to acquire a highly visible commercial property along one of Waterloo's busiest corridors. This well-maintained, two-story building offers 13,824 total square feet situated on a 0.90-acre lot, providing ample space for a variety of office, retail, medical, educational, or mixed-use applications. The property's prominent University Avenue location offers excellent visibility, strong traffic counts, and convenient access to major thoroughfares. The generous site provides ample parking and room to accommodate a wide range of business operations.

3295 University Avenue, Waterloo
$295,000
20263338 MLS
Discover an exceptional opportunity to acquire a fully equipped, move-in- ready church campus designed to support worship, education, fellowship, and community outreach. This property offers a functional and flexible lay- out, making it ideal for an active congregation, nonprofit organization, educational institution, or community-focused user. The main church facility features a welcome and reception café area that creates a gathering space for members and guests. A fully equipped commercial-style kitchen supports fellowship meals, events, and community programming, while six classrooms provide versatile space for children’s ministries, adult education, offices, or meeting rooms. A dedicated game room/ rec-room area offers additional recreational opportunities, enhancing the property’s appeal for a wide range of ministries and organizations. The site includes 46 on-site parking stalls, providing convenient access for worship services, meetings, and special events. Also included is a five-bedroom parsonage with a one-car garage with storage, and low-maintenance vinyl siding, offering comfortable on-site living for clergy, staff, or potential rental income. Whether you’re looking to establish a new congregation, expand an existing ministry, or want to repurpose the property for another institutional use, this turnkey campus provides the improvements, functionality, and amenities needed to begin operations immediately.

205-215 Hammond Avenue, Waterloo
$89,900
20263303 MLS
Excellent commercial opportunity awaits at 409 Broadway St. in Waterloo! Currently operating as a long-standing dry cleaner, this highly visible retail property features a versatile and open layout that is easily adaptable to suit a wide range of business needs—whether you are looking to launch a new retail storefront, establish a local service hub, or reimagine the space to suit the needs of your business. One of the standout features of this property is the exceptionally large off-street parking area, offering convenient and abundant space for both customers and staff in a high-traffic corridor. Bring your vision to life and position your business for success in this established Waterloo location!

409 Broadway Street, Waterloo
$1,625,000
20263281 MLS
Discover an exceptional investment or future owner-user opportunity with this recently updated, free-standing, single-tenant medical office building. Offering a highly functional 4,820 sq. ft. main level complemented by an additional 1,254 sq. ft. basement (totaling 6,074 sq. ft.), this turn-key property is perfectly optimized for high-volume clinical care or professional administrative use. Positioned in a highly convenient corridor, the property boasts excellent signage and a large, dedicated parking lot that ensures hassle-free access for both staff and patients. With the added benefit of being fully leased through May 2027, this commercial asset delivers immediate, stable rental income from day one, making it a seamless, low-maintenance addition to your portfolio or the perfect long-term home for your practice.

236 National Drive, Waterloo
$725
20263112 MLS
Prime office or retail opportunity in the perfect location between Cedar Falls and Waterloo! This 513-square-foot space sits just off Falls Avenue with easy access to both Highway 218 and Highway 20, making it a convenient spot for clients, customers, and employees. The space offers a practical layout with two office spaces, a private bathroom, ample parking, and room to create a welcoming waiting or reception area. With separately metered utilities and a central location, this is a great fit for a small business, professional office, service provider, or boutique retail setup.

2000 Falls Avenue Unit 3, Waterloo
$1,200
20262940 MLS
Professional office space available for lease at 509 Ansborough. Prime location directly off Hwy 218 and situated on a high-traffic main road, offering excellent visibility. The property provides off-street parking and available exterior signage for added exposure. The available unit features an open and welcoming area, private offices, private bathroom, making it ideal for a variety of business uses. Tenants are welcome to modify or customize the space with owner's approval. Convenient access and a functional layout create a great opportunity for retail or office space, perfect for any small business seeking a practical and professional setting.

509 Ansborough Ave Unit B, Waterloo
$155,000
20262937 MLS
Position your business or expand your investment portfolio with this versatile 3,239 Square Foot office/warehouse building situated on 0.51 acres in Waterloo. Featuring a functional layout with two overhead doors, the property is well-suited for a variety of office, warehouse, light industrial, or service-oriented users. The building also presents an excellent owner-occupant or investment opportunity, with the potential to accommodate multiple tenants and generate additional rental income. Ample on-site parking and flexible space configurations provide added value for a wide range of business operations. Whether you're looking for a headquarters, warehouse space, or an income-producing asset.

1611 E 4th Street, Waterloo
$1,995,000
20262911 MLS
Impressive office/retail property available in Downtown Cedar Falls. Two of three units within this property are currently leased making this an ideal investment or owner-user opportunity! Current retail/office space available is 3100 sq. ft. Property is located just one block from Main St. making this location ideal for any expanding or relocating business. Includes off-street parking. Investment financials available upon request. The craftsmanship and character of this property are sure to impress!

115-119 E 4th Street, Cedar Falls
$700
20262904 MLS
Commercial space available for lease in downtown La Porte City! Former chiropractic office with a visible Main Street location and flexible layout that could work well for retail, office, wellness, medical, massage, salon, boutique, or other professional service uses. Great opportunity for a business looking to get started or expand in a high-visibility downtown location.

504 Main, LaPorte City
$1,000
20262880 MLS
Welcome to this awesome 4000+ sqft office space. The current tenant has been there over 20 years. Come check out this awesome space!

1005 Stratford Avenue, Waterloo
$450,000
20262879 MLS
Position your business for long-term success at 170 W. 18th Street, Waterloo, IA — a highly functional truck servicing property designed for performance, efficiency, and accessibility in the heart of Waterloo. This versatile facility features two overhead doors and two expansive drive-thru truck bays, each equipped with dual overhead doors to ensure seamless traffic flow and operational efficiency. Built to support demanding industrial uses, the property includes floor drains, 400-amp electrical service, a sprinkler system, airlines with air compressors, and exterior plug-ins for engine block heaters — delivering the infrastructure serious operators require. Strategically located with convenient access to U.S. Highway 218, the site offers outstanding connectivity for transportation-dependent businesses while maintaining strong visibility within a thriving industrial corridor. Ideal for truck or auto repair, sales and service operations, towing companies, fleet maintenance, or a truck wash facility, this property combines layout, power capacity, and location to support operational growth. Don’t miss this opportunity to secure a high-utility space built to move your business forward. For Sale or For Lease at $4.50/SF NNN. Est. NNN Expenses are $2.00/SF.

170 W 18th Street, Waterloo
$500
20262660 MLS
Looking for a professional space for your business? This newly redone 655 sq. ft. office space is now available for rent or possible sale. Featuring fresh updates and a clean look, this space is ready for your business to move right in. Ideal for a variety of professional, retail, or service-based uses. Don’t miss this opportunity to secure a great space for your business.

517 Rhey St, Waterloo
$479,900
20262556 MLS
An exceptional, turn-key commercial opportunity awaits. Sale includes both the real estate and profitable, fully operational laundromat business. The well-maintained 3,492 square foot building features a bright, clean, and modern layout designed for maximum operational efficiency and customer comfort. Equipped with high-end, top-tier commercial washers and dryers and spacious folding stations, this business boasts a strong, established customer base and consistent revenue flow. Situated on a high-visibility corridor with convenient parking and prominent signage, the property ensures steady foot traffic and excellent brand exposure. This robust commercial property delivers immediate cash flow and substantial long-term value.

623 Broadway Street, Waterloo
$569,950
20262479 MLS
Great location and visibility for this sales/service building at the corner of Falls and Fletcher Avenues, with easy access to US Hwy 218 (Avenue of the Saints). This 13,490 SF building features, lobby, office, sales floor, warehouse space including floor drains and 3 at grade overhead doors, and large parking lot with 17 parking spaces on this nearly 1-acre lot. Great opportunity, call today for a showing!

1657 Falls Avenue, Waterloo
$269,900
20262444 MLS
Conveniently located on Southtown Drive near Dan Deery, Home Depot, Walmart, and Crossroads Mall, this 2,972 SF office building sits on a 0.51-acre lot with excellent visibility and access. The property includes a large parking area, a welcoming reception area with vaulted ceiling, multiple offices and exam rooms, and kennel or large storage areas. Ideal for veterinary, grooming, boarding, medical, or professional office use, this flexible space is well positioned in a strong commercial corridor and ready for your business.

1210 Southtown Drive, Waterloo
$137,500
20262431 MLS
Opportunity to own your own storage unit and/or business suite. Conveniently located in-between Cedar Falls and Waterloo on Geraldine Road within close proximity to HWY 218 and the Waterloo Regional Airport. Annual HOA Fee of $50 per month to cover lawn, snow, and exterior insurance. Units are 25'x50', include a 12'x14' overhead door, 16' side walls, and floor drain in each unit. All suites are climate controlled with separate electric and water meters, insulated walls, and a bathroom.

2811 Geraldine Road Unit 2, Waterloo
$137,500
20262430 MLS
Opportunity to own your own storage unit and/or business suite. Conveniently located in-between Cedar Falls and Waterloo on Geraldine Road within close proximity to HWY 218 and the Waterloo Regional Airport. Monthly HOA Fee of $50 per month to cover lawn, snow, and exterior insurance. Units are 25'x50', include a 12'x14' overhead door, 16' side walls, and floor drain in each unit. All suites are climate controlled with separate electric and water meters, insulated walls, and a bathroom.

2811 Geraldine Road Unit 1, Waterloo
$279,900
20262424 MLS
Prime semi repair shop opportunity in Waterloo! Seize this exceptional chance to acquire a unique three-parcel commercial offering. This property provides an ideal, spacious footprint perfectly suited for an Auto Shop, or Repair Garage benefiting from excellent visibility and accessibility. The layout and location are primed for automotive services, with potential for multiple service bays and ample dedicated parking or storage. Don't miss this opportunity to establish or expand your successful business in a key Waterloo location.

114 Monroe Street, Waterloo
$2,381,000
20262393 MLS
A premier downtown investment opportunity, this 17,208 SF Class A office building offers a rare combination of quality, stability, and long-term value. Fully occupied by two established tenants, the property provides immediate cash flow and meticulously renovated asset. Positioned in the heart of Downtown Waterloo, the building features premium finishes throughout, distinctive architecture, and a commanding presence within the city's business district. Situated on approximately 0.65 acres, the property includes more than 50 on-site parking stalls, secure vault space, and modern building systems designed to accommodate a variety of professional office users. Surrounded by government offices, restaurants, entertainment, and other downtown amenities, the property benefits from exceptional visibility, accessibility, and a desirable location. This is a rare opportunity to acquire a fully leased, turnkey investment asset in one of Waterloo's most recognizable office buildings.

404 E 4th Street, Waterloo
$279,900
20262374 MLS
Ready to launch or expand your business? This commercial property is conveniently located just off of 218 for easy access and high visibility. Built in 2009, it features: fenced lot for added security, two large overhead doors, dual driveways for smooth traffic flow, ideal for contractors, service businesses, or storage use. Don't miss this opportunity to establish your business in a prime location.

2021 Commercial Street, Waterloo
$999,000
20262219 MLS
Positioned in one of Waterloo’s most established commercial corridors, this fully leased multi-tenant investment property offers a rare opportunity to acquire a stabilized asset with both national and local tenancy. Anchored by a nationally recognized UPS location alongside a successful locally owned and operated restaurant, the property provides strong tenant synergy and dependable income. Located on high-traffic Kimball Avenue and just one block from San Marnan Drive, the site benefits from exceptional visibility, accessibility, and surrounding retail activity. Situated in an area with a long history of commercial success, this investment offers the combination of location, occupancy, and tenant stability investors are looking for.

106 Brookeridge Drive, Waterloo
$850
20262160 MLS
Prime corner lease opportunity at Magnolia Parkway and Falls Ave in central Waterloo — a high-traffic intersection with over 3,000 cars per day and outstanding signage visibility to capture every one of them. This completely renovated 840 SF suite is turnkey, with a brand new front window that floods the space with natural light and showcases your business to the street. Inside, you'll find a professional front office area opening to a large, flexible floor plan suited for retail, office, or service use. Recent updates include new flooring, fresh paint and texture, LED lighting, and a fully updated bathroom. A convenient side door simplifies deliveries, and the huge basement provides all the storage you need. Climate-controlled year-round with central AC and an efficient boiler system. Located near brand new housing developments and active commercial construction in Waterloo's growth corridor, with strong visibility, large signage opportunity, and ample parking — this space is ready for your business to move in and stand out.

2101 Falls Avenue, Waterloo
$2,595,000
20262012 MLS
Positioned in one of the fastest-growing areas of Cedar Falls, Cedar Falls Storage offers a rare opportunity to acquire a premium self-storage facility designed for long-term durability, operational efficiency, and broad customer appeal. Built in two phases in 2024/2025. With 100% concrete drive lanes throughout the property, the facility provides a clean, high-end experience while minimizing long-term maintenance costs. Security is a core feature of the property, giving tenants confidence and ownership peace of mind. Cedar Falls Storage features the most comprehensive unit mix in the Cedar Falls/Waterloo market, serving a wide range of residential and commercial storage needs. Unit offerings include traditional drive-up storage, climate-controlled units, and highly sought-after drive-up climate-controlled storage — a unique feature not offered by any other storage facility in the Cedar Falls or Waterloo area. The diversified unit mix allows the property to capture multiple customer segments while supporting strong occupancy and revenue stability. With continued residential growth and increasing demand for high-quality storage solutions in the market, Cedar Falls Storage is well-positioned for continued success and expansion potential. Key Features: * 100% concrete drives throughout the facility * Secure, professionally maintained property * Most diverse unit mix in the Cedar Falls/Waterloo market * Unique drive-up climate-controlled units * Strong appeal to both residential and commercial tenants * Located in a growing, high-demand market * Premium construction with low-maintenance infrastructure

2811 Technology Parkway, Cedar Falls
$4,500
20261914 MLS
THE WELLNESS CENTER LLC is growing and now offering individual office suites in the desirable and established West Waterloo location. Collaborate with the other professional businesses in this expansive and updated building and share in the vision of a healthy, like-minded community. Enjoy the common area conference room, waiting area, breakroom, and ample parking available. Individual suites offered at $600 monthly rate, OR this option of 2410 sq ft ( all 10 office suites) available for $4500 per month. Call for your private showing today!

3151 BROCKWAY Road Unit 126, 128,131,133, 135-140, Waterloo