# 2501 Melrose Drive, Cedar Falls, IA 50613 > **TL;DR:** commercial, $1,395,000, built 1984. > A/C. Est. $7,461/mo. Listed 17 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,395,000 | | Year Built | 1984 | | Lot Size | 91,040 sqft (2.09 acres) | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 17 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,054 | | Estimated Insurance | $407 | | **Total** | **$7,461** | ## Key Amenities - A/C ## Property Highlights - Built in 1984 - 2.09 acre lot ## Description ### Agent Description Rare 2.09-Acre Commercial Opportunity in Cedar Falls Rare opportunity to acquire over 2 acres of commercial real estate in a high-visibility Cedar Falls location. Formerly home to Earl May Nursery & Garden Center, this property offers a substantial existing commercial facility with approximately 10,000+ square feet of improvements, extensive concrete parking and site improvements, and excellent potential for an owner-user, investor, or future redevelopment. The main building features approximately 7,475 square feet of retail space with HVAC, exposed wet sprinkler system, and a finished mezzanine. Additional improvements include an approximately 900-square-foot warehouse with loading dock, an approximately 1,800-square-foot greenhouse, and a 1,152-square-foot attached canopy. The property also offers approximately 39,000 square feet of concrete paving, providing significant parking and outdoor use areas. The building is in good to dated condition and offers a functional layout that could be adapted for a variety of commercial uses. Most of the existing retail fixtures have been removed, allowing a new owner flexibility to reconfigure the space for their specific needs. With over 2 acres of land, substantial existing improvements, and a prominent Cedar Falls location, this property presents a unique opportunity for a business looking for a large owner-user facility or for an investor or developer looking for a well-positioned commercial site. Property highlights include: * 2.09-acre commercial site * Approximately 10,000+ SF of total improvements * 7,475 SF main retail building * 900 SF warehouse with loading dock * 1,800 SF greenhouse * 516 SF finished mezzanine * 1,152 SF attached canopy * Approximately 39,000 SF of concrete paving * HVAC in main building * Existing sprinkler system * Excellent owner-user or redevelopment opportunity * High-visibility Cedar Falls location A unique opportunity to acquire a large commercial property with substantial existing improvements in one of Northeast Iowa's strongest commercial markets. ## Location - **Address:** 2501 Melrose Drive, Cedar Falls, IA 50613 - **County:** Black Hawk - **Coordinates:** 42.514957, -92.431833 - **Google Maps:** https://www.google.com/maps?q=42.514957,-92.431833 ## Listing Agent - **Name:** Timothy Lalk - **Brokerage:** Century 21 Signature Real Estate - **Phone:** 3195049351 - **Broker Phone:** (319) 239-1281 ## Photos ![2501 Melrose Drive - Photo 1](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1506693268r.jpg) ![2501 Melrose Drive - Photo 2](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3373813204r.jpg) ![2501 Melrose Drive - Photo 3](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f364913591r.jpg) ![2501 Melrose Drive - Photo 4](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1670455599r.jpg) ![2501 Melrose Drive - Photo 5](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1009563381r.jpg) ![2501 Melrose Drive - Photo 6](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3388567164r.jpg) ![2501 Melrose Drive - Photo 7](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f297263961r.jpg) ![2501 Melrose Drive - Photo 8](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f943898022r.jpg) ![2501 Melrose Drive - Photo 9](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3443318092r.jpg) ![2501 Melrose Drive - Photo 10](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f965764520r.jpg) ![2501 Melrose Drive - Photo 11](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3750878380r.jpg) ![2501 Melrose Drive - Photo 12](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2728414332r.jpg) ![2501 Melrose Drive - Photo 13](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2140808814r.jpg) ![2501 Melrose Drive - Photo 14](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3373793102r.jpg) ![2501 Melrose Drive - Photo 15](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1473084851r.jpg) ![2501 Melrose Drive - Photo 16](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1681588079r.jpg) ![2501 Melrose Drive - Photo 17](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1798497661r.jpg) ![2501 Melrose Drive - Photo 18](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2217957053r.jpg) ![2501 Melrose Drive - Photo 19](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3538316050r.jpg) ![2501 Melrose Drive - Photo 20](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3645054940r.jpg) ![2501 Melrose Drive - Photo 21](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2399822635r.jpg) ![2501 Melrose Drive - Photo 22](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1309915692r.jpg) ![2501 Melrose Drive - Photo 23](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1510472961r.jpg) ![2501 Melrose Drive - Photo 24](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f336715390r.jpg) ![2501 Melrose Drive - Photo 25](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2229007480r.jpg) ![2501 Melrose Drive - Photo 26](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1573133400r.jpg) ![2501 Melrose Drive - Photo 27](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3595458672r.jpg) ![2501 Melrose Drive - Photo 28](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2875880886r.jpg) ![2501 Melrose Drive - Photo 29](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2976449168r.jpg) ![2501 Melrose Drive - Photo 30](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1331347300r.jpg) ![2501 Melrose Drive - Photo 31](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f935968723r.jpg) ![2501 Melrose Drive - Photo 32](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1243739718r.jpg) ![2501 Melrose Drive - Photo 33](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1083139474r.jpg) ![2501 Melrose Drive - Photo 34](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f4221583193r.jpg) ![2501 Melrose Drive - Photo 35](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2062264309r.jpg) ![2501 Melrose Drive - Photo 36](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2229336689r.jpg) ![2501 Melrose Drive - Photo 37](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2137578570r.jpg) ![2501 Melrose Drive - Photo 38](http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1209412452r.jpg) --- **MLS#:** 20264560 | **Updated:** 2026-09-21 **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/2501-melrose-drive-cedar-falls-ia-50613-20264560) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/2501-melrose-drive-cedar-falls-ia-50613-20264560#listing", "url": "https://www.propertysimple.ai/listing/2501-melrose-drive-cedar-falls-ia-50613-20264560", "name": "2501 Melrose Drive, Cedar Falls, IA 50613", "description": "Rare 2.09-Acre Commercial Opportunity in Cedar Falls Rare opportunity to acquire over 2 acres of commercial real estate in a high-visibility Cedar Falls location. Formerly home to Earl May Nursery & Garden Center, this property offers a substantial existing commercial facility with approximately 10,000+ square feet of improvements, extensive concrete parking and site improvements, and excellent potential for an owner-user, investor, or future redevelopment. The main building features approximately 7,475 square feet of retail space with HVAC, exposed wet sprinkler system, and a finished mezzanine. Additional improvements include an approximately 900-square-foot warehouse with loading dock, an approximately 1,800-square-foot greenhouse, and a 1,152-square-foot attached canopy. The property also offers approximately 39,000 square feet of concrete paving, providing significant parking and outdoor use areas. The building is in good to dated condition and offers a functional layout that could be adapted for a variety of commercial uses. Most of the existing retail fixtures have been removed, allowing a new owner flexibility to reconfigure the space for their specific needs. With over 2 acres of land, substantial existing improvements, and a prominent Cedar Falls location, this property presents a unique opportunity for a business looking for a large owner-user facility or for an investor or developer looking for a well-positioned commercial site. Property highlights include: * 2.09-acre commercial site * Approximately 10,000+ SF of total improvements * 7,475 SF main retail building * 900 SF warehouse with loading dock * 1,800 SF greenhouse * 516 SF finished mezzanine * 1,152 SF attached canopy * Approximately 39,000 SF of concrete paving * HVAC in main building * Existing sprinkler system * Excellent owner-user or redevelopment opportunity * High-visibility Cedar Falls location A unique opportunity to acquire a large commercial property with substantial existing improvements in one of Northeast Iowa's strongest commercial markets.", "image": [ "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1506693268r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3373813204r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f364913591r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1670455599r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1009563381r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3388567164r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f297263961r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f943898022r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3443318092r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f965764520r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3750878380r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2728414332r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2140808814r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3373793102r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1473084851r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1681588079r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1798497661r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2217957053r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3538316050r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3645054940r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2399822635r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1309915692r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1510472961r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f336715390r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2229007480r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1573133400r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3595458672r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2875880886r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2976449168r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1331347300r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f935968723r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1243739718r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1083139474r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f4221583193r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2062264309r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2229336689r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2137578570r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1209412452r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1506693268r.jpg", "caption": "2501 Melrose Drive - Cedar Falls, IA" }, "datePosted": "2026-09-21T00:00:00+00:00", "dateModified": "2026-09-21T20:32:10.939908+00:00", "mainEntity": { "@type": "Place", "@id": "https://www.propertysimple.ai/listing/2501-melrose-drive-cedar-falls-ia-50613-20264560#property", "name": "2501 Melrose Drive, Cedar Falls, IA 50613", "address": { "@type": "PostalAddress", "streetAddress": "2501 Melrose Drive", "addressLocality": "Cedar Falls", "addressRegion": "IA", "postalCode": "50613", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 42.514957, "longitude": -92.431833 }, "image": [ "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1506693268r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3373813204r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f364913591r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1670455599r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1009563381r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3388567164r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f297263961r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f943898022r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3443318092r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f965764520r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3750878380r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2728414332r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2140808814r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3373793102r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1473084851r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1681588079r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1798497661r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2217957053r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3538316050r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3645054940r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2399822635r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1309915692r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1510472961r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f336715390r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2229007480r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1573133400r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f3595458672r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2875880886r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2976449168r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1331347300r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f935968723r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1243739718r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1083139474r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f4221583193r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2062264309r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2229336689r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f2137578570r.jpg", "http://lh.rdcpix.com/62b2e2d6d93320ae441dc058c81b670al-f1209412452r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "20264560" }, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Hot Water(Heating), Forced Air" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air" }, { "@type": "LocationFeatureSpecification", "name": "Flooring", "value": "Concrete" }, { "@type": "LocationFeatureSpecification", "name": "Construction Materials", "value": "Brick" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "2.09 acres" }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Office" }, { "@type": "PropertyValue", "name": "Property Type", "value": "Commercial" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/2501-melrose-drive-cedar-falls-ia-50613-20264560#offer", "url": "https://www.propertysimple.ai/listing/2501-melrose-drive-cedar-falls-ia-50613-20264560", "price": 1395000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/2501-melrose-drive-cedar-falls-ia-50613-20264560#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/2501-melrose-drive-cedar-falls-ia-50613-20264560#agent", "name": "Timothy Lalk", "telephone": "3195049351", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/2501-melrose-drive-cedar-falls-ia-50613-20264560#brokerage", "name": "Century 21 Signature Real Estate", "telephone": "(319) 239-1281" } } } ```