AW Commercial & Development

For Sale: West Glen Development Land

Located at the corner of West 12th Street and Union Road on the west side of Cedar Falls, this +/- 32-acre parcel offers a strong opportunity for development or investment. The property benefits from excellent visibility, convenient access, and proximity to key community amenities. The surrounding area continues to experience steady growth, supported by ongoing residential development and infrastructure improvements. Nearby landmarks include the new Cedar Falls High School and several established residential neighborhoods, reinforcing the site’s long-term potential. This parcel represents a well-positioned opportunity to participate in Cedar Falls’ continued expansion and development.

For More Information: https://www.crexi.com/properties/1632588/iowa-west-glen-development-land

For Sale: 200-212 Sycamore Street, Waterloo

This freestanding 26,541-square-foot industrial building sits on a 0.41-acre corner lot in the heart of Downtown Waterloo. Rich with character, the two-story structure features expansive open spaces, exposed brick, direct views of the Cedar River, and a flexible floor plan suited for a variety of industrial, commercial, or mixed-use uses. The building currently offers warehouse and storage capabilities, including a grade-level overhead door for loading access, while its adaptable layout provides exceptional potential for adaptive reuse. Whether preserved for industrial use or transformed into creative office space, loft-style residential units, retail, entertainment, or a mixed-use development, the property’s size, character, and prime downtown location make it a compelling value-add opportunity. Located within an Opportunity Zone, the property may offer potential tax advantages for qualified investors, further enhancing its investment appeal.

For More Information: https://www.crexi.com/properties/2648452/iowa-200-212-sycamore-street

New For Lease: 910 West 5th Street, Waterloo

Turnkey restaurant opportunity offering approximately 5,625 square feet within a multi-tenant strip center with established co-tenancy and a large shared parking area. The space features a fully equipped commercial kitchen, walk-in coolers, an existing hood system, and other restaurant improvements, allowing a new operator to capitalize on the existing build-out and reduce upfront costs. The functional layout provides flexibility for a variety of restaurant, food service, or hospitality concepts. An excellent opportunity for an established operator or new concept seeking a well-positioned space with restaurant equipment, substantial improvements, and ample parking already in place

For More Information: https://www.crexi.com/lease/properties/1235887/iowa-910-west-5th-street

For Lease: 314 Brandilynn Boulevard, Cedar Falls

1,180 square feet of retail space positioned in one of Cedar Falls’ strongest and highest-traffic retail corridors. Located along East Viking Road just off US-58 Highway, the property offers exceptional visibility and exposure with more than ~19,000 VPD. Co-tenants include Subway and Alloy Custom Jeweler. Surrounded by an abundance of national tenants, a large parking area, and anchored by prominent retailers such as Walmart, Aldi, Target, Scheels, and Blain’s Farm & Fleet. Estimated NNN: $11.68 PSF.

For More Information: https://www.crexi.com/lease/properties/1246358/iowa-314-brandilynn-blvd-cedar-falls-ia-50613-7420

For Lease: 2060 Sovia Drive, #101-103, Waterloo

±3,770 Square Foot end-cap with drive-thru capability located in the Crossing Point Plaza in Waterloo. The space can be subdivided to accommodate a variety of tenant sizes and concepts. Situated in a highly visible, heavily trafficked, strong retail corridor along East San Marnan Drive off of the I-380 / US 218 interchange. Co-tenants include: Planet Fitness, Iowa DOT, Diamond Nails, and One Vision. Surrounded by an abundance of national tenants, a large parking area, and anchored by prominent retailers such as Target, Kwik Star, and CVS. Estimated NNN Expenses $5.22/SF. TIA available with qualified tenants and terms.

For More Information: https://www.crexi.com/lease/properties/941135/iowa-2060-sovia-drive-suite-104

For Lease: 1519 East San Marnan Drive, Waterloo

1,450 Square feet of retail/office space located in Waterloo, Iowa. Situated in a highly visible, heavily trafficked, strong retail corridor along East San Marnan Drive off of the I-380 / US 218 interchange. Co-tenants include: Jimmy Johns, GNC, and Panda Express. Surrounded by an abundance of national tenants, a large parking area, and anchored by prominent retailers such as Target, Kwik Star, and CVS. Estimated NNN expenses $7.96/SF.

For More Information: https://www.crexi.com/lease/properties/954192/iowa-1519-e-san-marnan-drive

For Lease: 511 East 5th Street, Suite 300, Waterloo

Discover a rare opportunity to lease a functional and well-designed office suite in the iconic KWWL Building in downtown Waterloo. This 5,069 square foot space offers a highly efficient layout with 18+ private offices, ideal for professional services and administrative operations in an accessible location. Located on the third level, the suite features elevator access, a dedicated conference room, and a large parking lot for tenants convenience. Large windows bring in ample natural light, and the building’s historic character blends seamlessly with modern professional use. Positioned in the heart of downtown, this location offers walkable access to restaurants, amenities, and parking options, along with exceptional visibility within one of Waterloo’s landmark properties.

For More Information: https://www.crexi.com/lease/properties/1068162/iowa-511-e-5th-street

For Sale: Blackmore Site, Mason City

This highly visible 1.2-acre commercial site offers outstanding accessibility and frontage, making it an ideal location for a fuel station, convenience store, or quick-service restaurant. Positioned in a strong commercial corridor, the property benefits from consistent traffic counts and easy ingress and egress for both local and regional customers. Its close proximity to major healthcare facilities and established retail anchors generates a diverse and reliable customer base throughout the day, supporting long-term demand and sales potential.

For More Information: https://www.crexi.com/properties/1629402/iowa-blackmore-site

For Sale: 1611 East 4th Street, Waterloo

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 various office, warehouse, light industrial, or service-oriented uses. 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.

For More Information: https://www.crexi.com/properties/2604686/iowa-1611-east-4th-street

For Lease: 1655 E San Marnan Drive, Suite D&E

2,224 – 2,800 square feet suitable for medical, retail, or professional office space available in the highly desirable Crossing Point Plaza. The plaza is home to a strong mix of tenants, including UnityPoint Clinic Express, Miracle Ear, Athletico Physical Therapy, and Fancy Nail & Spa. The surrounding trade area is anchored by major national retailers such as Target, Kwik Star, and CVS, along with an abundance of shopping, dining, and service-based users. With ample on-site parking and excellent signage opportunities, this space offers a turnkey opportunity for healthcare providers, office users, or retail users. Estimated NNN Expenses $8.95/SF. TIA available with qualified tenants and terms.

For More Information: https://www.crexi.com/lease/properties/1015637/iowa-1655-east-san-marnan-drive