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$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

$439,900
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

$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

$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

$1,865,000
20261662 MLS
Positioned along the highly trafficked corridor of W Ridgeway Avenue in Waterloo, this premier office property offers an exceptional opportunity for both owner-users and investors alike. The 10,336-square-foot building sits on a generous 0.78-acre parcel, providing excellent visibility, accessibility, and ample on-site parking for employees and clients. The interior features a well-designed and highly functional layout, including multiple private offices, a spacious boardroom ideal for meetings and collaboration, and flexible work areas that can accommodate a variety of professional uses. The building’s layout supports both single-tenant occupancy or a multi-tenant configuration. Adding to its appeal, the property includes a separate ±2,000-square-foot suite on the east side of the building, presenting a valuable opportunity for passive income. With its strong presence, adaptable layout, and income-generating potential, this property stands out as a rare offering.

1203 W Ridgeway Avenue, Waterloo

$4,050,000
20261520 MLS
Beautiful complex centrally located by the corner of Highway 20 & Highway 63 in Waterloo Iowa.? Storage Website: https://www.cedarcrossingstorage.com/ Development Website: https://www.cedarvalleycrossing.com/ Phase 1 (Opened in October 2023) has the following unit mix: Square Footage: Indoor Storage: 28,800 sqft.? Drive up units with sizes ranging in 10x15, 10x20, & 10x30.? Office & Shop: 1,280 sqft.? of climate controlled space currently leased to a Paintless dent removal company @ $1,325 / mo.? Outdoor Parking: 48,680 sqft.? Total: 78,760 total leasable square footage.? ______________________________________ Unit Size | Occupied Units | Capacity | Occupancy %: Indoor Units: 10x15: 75 | 90 10x20: 48 | 48 10x30: 19| 19 Total Indoor Units: 142 | 157 | 90.45% Office / Shop: (1,280 sqft.?): | 1 | 1 | 100% Outdoor Parking Spaces: 89 | 122 | 72.95% (10x40 Outdoor Parking Spaces 400 sqft.? each) Total Units: 232 | 280 | 82.86% _______________________________________ Unit Rental Rates: (below market rate) 10x15: $95.00 / mo. 10x20: $115.00 / mo. 10x30: $135.00 / mo. Office / Shop: Leased at $1,325 / mo. Outdoor Parking: $45.00 / mo. Spring lease up averaging 3-4 units / week.? NOI: Current NOI: $267,007.49 Stabilized NOI: $307,099.14 (Est.? July 2026) Selling Price: with TIF Package: $4,050,000 Selling Price without TIF Package: $3,900,000 Features: Security Fence Automated Gate High definition security cameras Climate controlled office & shop.? Taxes: * Tax Incentive Package: 15 - Year / Tax Incentive (TIF) package from the city of Waterloo IA.? (graduated scale.? displayed in the due diligence attachments) * Annual Taxes: $70,441.38 (paid in bi-annual payments March & September) * Annual Tax Rebate from City of Waterloo IA: (-$50,717.79) (2 checks from city received in May & November) * Net Annual Taxes: $19,723.59 Phase 2: * Seller has plans they can share regarding 2 options for 2 different Phase 2 buildout options.? * Each plan would add additional buildings, but would reduce the outdoor parking space.? * Seller is willing to work with the buyer on performing a design / build project to build out Phase 2 if interested.? The NOI for the Phase 2 buildout in either scenario looks really good.? * Phase 2 - Option 1 - NOI at Stabilization: $406,280.66 * Phase 2 - Option 2 - NOI at Stabilization: $437,142.94 Note(s): * Projected Occupancy %: | 85% June 2026 | 90% July 2026 | 95% September 2026.? * Financials & Proforma updated monthly & performed by CPA.? Sales tax paid by CPA.? * Tax Incentive bi-annual reimbursement from city performed by CPA.? Signed copy of development agreement from city available upon request.? * Depending on the buyer, the owners are willing to stay and help run / operate the business until September 1st, 2026.? * Starlink satellite high speed internet & wifi on site.? * Remotely controlled bluetooth locks installed on 5 units as a test.? Requires no modification to the doors.? * Buyers can elect to have these removed before closing or sellers can install the bluetooth locks on the rest of the units.? * After the buyer sees the locks, they are really going to like them.? Gives you the ability to lock a unit instantly and allows for automated check in / check out.? Makes remote site management a lot easier.? * I am one of the owners and am a licensed realtor in the state of Iowa.?

3556 Marnie Avenue, Waterloo

$750,000
20261361 MLS
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.

421 Main Street, Cedar Falls

$225,000
20261137 MLS
Welcome to the ultimate investment opportunity! This building boasts 2820 square feet of prime commercial real estate just 1.5 miles from Highway 20. Most recently housed a restaurant, the property is zoned C-2, allowing for a wide range of commercial uses. The building itself features a spacious and inviting interior, with ample space to accommodate any business venture. Its location on the highly traveled 1st Street West ensures excellent visibility and easy access, making it a prime destination for customers. Additionally, this property features two large concrete parking lots, each measuring 12,200 square feet, providing ample parking for customers and employees. Neighboring businesses include Subway, Advance Auto Parts, Dollar General, Pizza Ranch, and Super 8 Motel. It is also situated in close proximity to the Independence Community Schools campus, making it an excellent location for any business catering to families, students and the broader community. With its prime location and impressive features, this building offers a rare opportunity to own a highly desirable piece of commercial real estate.

1640 1st Street West, Independence

$115,000
20260962 MLS
Looking for functional, affordable commercial space in a convenient Waterloo location? Look no further. This well-maintained heated shop and office property delivers the accessibility, versatility, and value that growing businesses and savvy investors have been waiting for. Ideally situated near major roadways for effortless access, this durable steel-exterior building is built to last with minimal upkeep — keeping your overhead low and your operation running smoothly. Two 12-foot overhead doors make loading, unloading, and day-to-day operations a breeze, while the dedicated office area provides a professional space to handle business without leaving the property. Whether you're launching a new venture, expanding an existing business, or simply need reliable heated storage, this space checks every box. The spacious parking lot accommodates employees, customers, and equipment with ease, and the on-site bathroom adds everyday convenience for staff and visitors alike. Flexible enough for retail, workshop, storage, trades, or light industrial use — all at a price point that makes the numbers work. Opportunities like this in Waterloo don't stay on the market long.

440 W Parker Street, Waterloo

$269,000
20260647 MLS
Property Overview: Discover an excellent opportunity with this versatile warehouse/flex space offering a blend of functionality and comfort. Perfectly designed for businesses that require an office environment within a spacious warehouse setting. Key Features: Spacious Layout: Ample square footage providing flexibility for various business needs, from storage to manufacturing or creative spaces. Dedicated Office: A well-appointed office area perfect for administrative tasks, meetings, or remote work. Two Bathrooms: Conveniently located bathrooms, ensuring comfort for staff and visitors alike. Mezzanine Level: Additional space for storage, workstations, or showroom purposes, maximizing the utility of the property. Excellent Access: Strategically situated with easy access to major roadways, enhancing logistics and transportation. High Ceilings: 20 ft sidewalls Parking Availability: Ample parking space for employees and clients. Customizable Space: Open floor plan allowing for easy customization to fit your business requirements. Lease Terms: $2,600 Sale Price: $289,000 NOW: $269,000 Contact Information: For inquiries and to schedule a viewing, please reach out to Blake Keating 319-480-4213 Don't miss out on this fantastic opportunity to establish your business in a prime warehouse/flex space!

3111 Airline Highway Unit Unit 1, Waterloo