# 2201 Falls Avenue, Waterloo, IA 50701 > **TL;DR:** commercial, $160,000, built 1929. Est. $856/mo. Listed 6 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $160,000 | | Year Built | 1929 | | Lot Size | 5,227 sqft (0.12 acres) | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 6 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $809 | | Estimated Insurance | $47 | | **Total** | **$856** | ## Property Highlights - Built in 1929 - 0.12 acre lot ## Description ### Agent Description UNLIMITED POTENTIAL & HIGH-TRAFFIC EXPOSURE! Position your business or your next real estate investment for maximum success at 2201 Falls Avenue, a vey heavily traveled road. This exceptional commercial building offers a highly sought-after combination of vibrant retail showroom space and functional, rugged warehouse storage, all situated on a prominent Black Hawk County corner lot. For Owner-Operators: Step into a turnkey setup where you can run your entire business ecosystem under a single roof. The front-end features a perfect spot for the reception area, ready to great your clients with a cheerful smile. Just beyond this area, There are 4 office areas or conference rooms with high ceilings, speakers wired throughout most rooms and painted in todays modern colors and floor coverings. There is a kitchenette and restroom area on the main floor as well. The basement has recently been sealed which will make the perfect warehouse spaces for inventory storage, workshop tools, light manufacturing, or e-commerce fulfillment. New shingles were installed this year as well. Plenty of parking in the rear or side street. For Savvy Investors: The unique layout presents a goldmine of adaptive reuse potential. The building can effortlessly be split into multi-tenant configurations, allowing you to lease the front retail storefront to a consumer business while generating a separate income stream by renting the rear rooms to a local contractor, distributor, or landscaping company. Located in a bustling, proven commercial pocket with convenient, rapid access to downtown Waterloo and neighboring Cedar Falls, this property ensures your business stays visible and connected. ## Location - **Address:** 2201 Falls Avenue, Waterloo, IA 50701 - **County:** Black Hawk - **Coordinates:** 42.500216, -92.374083 - **Google Maps:** https://www.google.com/maps?q=42.500216,-92.374083 ## Listing Agent - **Name:** Sandy Stuber - **Brokerage:** RE/MAX Home Group - **Broker Phone:** (319) 266-7100 ## Photos ![2201 Falls Avenue - Photo 1](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f3842603188r.jpg) ![2201 Falls Avenue - Photo 2](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f3377658580r.jpg) ![2201 Falls Avenue - Photo 3](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f3197322132r.jpg) ![2201 Falls Avenue - Photo 4](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f1867065403r.jpg) ![2201 Falls Avenue - Photo 5](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f2075621910r.jpg) ![2201 Falls Avenue - Photo 6](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f2998986982r.jpg) ![2201 Falls Avenue - Photo 7](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f1897921563r.jpg) ![2201 Falls Avenue - Photo 8](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f508398567r.jpg) ![2201 Falls Avenue - Photo 9](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f2213811841r.jpg) ![2201 Falls Avenue - Photo 10](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f4206264983r.jpg) ![2201 Falls Avenue - Photo 11](http://lh.rdcpix.com/335759dff58c0452634ed08b3aceb7efl-f208550840r.jpg) --- **MLS#:** 20265216 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/2201-falls-avenue-waterloo-ia-50701-135a7c20e83f44cbaf4ea51afcd7e1d0) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/2201-falls-avenue-waterloo-ia-50701-135a7c20e83f44cbaf4ea51afcd7e1d0#listing", "url": "https://www.propertysimple.ai/listing/2201-falls-avenue-waterloo-ia-50701-135a7c20e83f44cbaf4ea51afcd7e1d0", "name": "2201 Falls Avenue, Waterloo, IA 50701", "description": "UNLIMITED POTENTIAL & HIGH-TRAFFIC EXPOSURE! Position your business or your next real estate investment for maximum success at 2201 Falls Avenue, a vey heavily traveled road. 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