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2101-2103 Falls Avenue

Waterloo, IA 50701
  • $220,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 20260088
UPDATED: 63 min ago
$220,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Description

PRIME CORNER COMMERCIAL BUILDING | OWNER-OPERATOR OR INVESTOR OPPORTUNITY Exceptional commercial property at the high-traffic corner of Magnolia Parkway and Falls Ave in central Waterloo with over 3,000 cars per day! This multi-tenant building features extensive recent updates including a new roof (2023), fresh flooring and paint throughout, professional landscaping, new LED lighting, updated line striping, efficient boiler heat, and central AC for all units. With one unit currently vacant, this is perfect for an owner-operator to occupy while generating rental income, or for investors seeking strong returns. Ideally located near brand new housing developments and new commercial construction in Central Waterloo. Strong visibility, ample parking, and excellent access make this a turnkey opportunity.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-02-11T09:41:45.193 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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2101-2103 Falls Avenue Waterloo, IA 50701

  • Price: $220,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 63 min ago
  • MLS #: 20260088
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1951
Built
Neighborhood:
Hagerman Place
County:
Black Hawk
Property Description
PRIME CORNER COMMERCIAL BUILDING | OWNER-OPERATOR OR INVESTOR OPPORTUNITY Exceptional commercial property at the high-traffic corner of Magnolia Parkway and Falls Ave in central Waterloo with over 3,000 cars per day! This multi-tenant building features extensive recent updates including a new roof (2023), fresh flooring and paint throughout, professional landscaping, new LED lighting, updated line striping, efficient boiler heat, and central AC for all units. With one unit currently vacant, this is perfect for an owner-operator to occupy while generating rental income, or for investors seeking strong returns. Ideally located near brand new housing developments and new commercial construction in Central Waterloo. Strong visibility, ample parking, and excellent access make this a turnkey opportunity.
Exterior Features

Construction Materials Block Frontage Type Corner LotCity Street

Interior Features

Building Area Total 2600 Cooling Central Air Heating Natural Gas Total Available Square Footage 840 Warehouse Square Footage 0

Property Features

Agent Owned YN Yes Available Office Square Footage 840 Available Retail Square Footage 840 Common Area Yes Existing Lease Type Gross Expense History Projected For Lease YN Yes For Sale Rent For Sale For Sale YN Yes Gross Income 31800 Investment YN Yes Lease Per Month 1000 Multi Tenant YN Yes Net Operating Income 21800 Number Dock Doors 0 Number Drive In Doors 0 Number Rail Doors 0 Operating Expense 10000 Property Sub Type Office/Retail Special Listing Conditions Normal Sale Sprinkler YN No Tax Annual Amount 2479 Tax Year 2024 Tenant Pays Electricity Tiered Sliding No Zoning C1



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-02-11T09:41:45.193 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613