2101 Falls AvenueWaterloo, IA 50701

Commercial · 2,600 Sq. ft. | 0.12 Acres
$850 ACTIVE

2101 Falls Avenue Overview

Time on Site:
42 days
Visits:
14

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.

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2101 Falls Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 2,600
  • Price/Sq.ft. $0
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1951

Location/Region

  • County Or Parish: Black Hawk

Tax Information

  • Tax Annual Amount: 2479
  • Tax Assessed Value: 114310
  • Tax Year: 2026

General Information

  • Parcel Number: 891322356006
  • Property Sub Type: Office/Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: Lease
  • Zoning: c

Interior

Building Interior

  • Building Area Total: 2600

Exterior

Lot Information

  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5000

2101 Falls Avenue Neighborhood

Community

50701 (Waterloo) Demographics

38
Median Age
368
Population Density (per sq. mile)
41%
College Educated
$53,348
Estimated Median Income
8,318
Estimated Total Home Owners
4,784
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2101 Falls Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2101 Falls Avenue Market Data

Based on the last 30 days in this zip code

$259,254
Average List Price
$3,165
Average Price per Square Foot
34
Properties Sold
83
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

2101 Falls Avenue History

Date Event Value Agent
6/16/2026Source: Northeast Iowa Regional MLS Price Reduction
$850 -5.6%
5/18/2026Source: Northeast Iowa Regional MLS Added to Database
May 18, 2026
3/21/2024Source: Northeast Iowa Regional MLS Status Change
Leased
2/20/2024Source: Northeast Iowa Regional MLS Added to Database
February 20, 2024
Listing provided courtesy of Berkshire Hathaway Home Services One Realty CentreNortheast Iowa Regional MLS- MLS# 20262160MLS Provider