# 701 W 5th Street, Waterloo, IA 50702 > **TL;DR:** commercial, $135,000, built 1905. > A/C. Est. $722/mo. Listed 76 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $135,000 | | Year Built | 1905 | | Lot Size | 8,712 sqft (0.20 acres) | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 76 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $683 | | Estimated Insurance | $39 | | **Total** | **$722** | ## Key Amenities - A/C ## Property Highlights - Built in 1905 - 0.20 acre lot ## Description ### Agent Description Discover your business's next chapter in this versatile, high-visibility commercial building. Situated on one of Waterloo's busiest roadways, this vacant property offers unparalleled exposure and an adaptable floor plan perfect for retail operations, professional offices, or a hybrid enterprise. High-Visibility Location: Positioned on a major thoroughfare with high daily traffic counts, ensuring maximum brand exposure and a steady stream of potential walk-in customers. Flexible Zoning & Layout: Featuring a wide-open floor plan, this blank-canvas space can easily be configured into a vibrant retail storefront, a modern open-concept office, or a traditional corporate suite with private offices. Move-In Ready or Customizable: The building is currently vacant and clean, allowing for immediate possession and rapid build-out tailored specifically to your business needs. Ample Parking: Includes dedicated, hassle-free parking for both employees and clients, a crucial advantage on a busy main road. Excellent Signage Opportunities: Prominent exterior facade and roadside signage options ensure your business stands out to passing traffic. Possibilities Include: Retail Storefront: Perfect for a boutique, specialty grocery, showroom, or convenience market. Professional Services: Ideal for an insurance agency, law firm, accounting practice, or real estate office. Medical or Wellness Clinic: Suitable for physical therapy, chiropractic care, a dental practice, or a hair/nail salon. Creative Space: Great for a tech startup, marketing agency, or photography studio needing a blend of office and workshop areas. Don't miss the chance to anchor your business in a thriving, high-traffic Waterloo location. Bring your vision and explore the endless potential this property has to offer! 701 & 705 W 5th St., may be purchased separately or together for a discount. Or Leased. ## Location - **Address:** 701 W 5th Street, Waterloo, IA 50702 - **County:** Black Hawk - **Coordinates:** 42.490262, -92.343354 - **Google Maps:** https://www.google.com/maps?q=42.490262,-92.343354 ## Virtual Tour & Media - **Video Tour:** https://lumehomes.hd.pics/701-W-5th-St/idx ## Listing Agent - **Name:** Gordie Sorensen - **Brokerage:** RE/MAX Home Group - **Phone:** 3192691164 - **Broker Phone:** (319) 266-7100 ## Photos ![701 W 5th Street - Photo 1](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2184588840r.jpg) ![701 W 5th Street - Photo 2](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2536000070r.jpg) ![701 W 5th Street - Photo 3](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2132773951r.jpg) ![701 W 5th Street - Photo 4](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f1339367077r.jpg) ![701 W 5th Street - Photo 5](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f3369141233r.jpg) ![701 W 5th Street - Photo 6](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f307455196r.jpg) ![701 W 5th Street - Photo 7](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f1883677323r.jpg) ![701 W 5th Street - Photo 8](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f3397353116r.jpg) ![701 W 5th Street - Photo 9](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f3764578809r.jpg) ![701 W 5th Street - Photo 10](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2422394545r.jpg) ![701 W 5th Street - Photo 11](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f397047023r.jpg) ![701 W 5th Street - Photo 12](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2792770138r.jpg) ![701 W 5th Street - Photo 13](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f4137577807r.jpg) ![701 W 5th Street - Photo 14](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f815955713r.jpg) ![701 W 5th Street - Photo 15](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f4292003861r.jpg) ![701 W 5th Street - Photo 16](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f612858647r.jpg) ![701 W 5th Street - Photo 17](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f833678649r.jpg) ![701 W 5th Street - Photo 18](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f1093874564r.jpg) ![701 W 5th Street - Photo 19](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f3969246095r.jpg) ![701 W 5th Street - Photo 20](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f4012836750r.jpg) ![701 W 5th Street - Photo 21](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2455483356r.jpg) ![701 W 5th Street - Photo 22](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f178017128r.jpg) ![701 W 5th Street - Photo 23](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f1801261836r.jpg) ![701 W 5th Street - Photo 24](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2953808042r.jpg) ![701 W 5th Street - Photo 25](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f3715015125r.jpg) ![701 W 5th Street - Photo 26](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f434200026r.jpg) ![701 W 5th Street - Photo 27](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f1829556051r.jpg) ![701 W 5th Street - Photo 28](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f1931705752r.jpg) ![701 W 5th Street - Photo 29](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f271456926r.jpg) ![701 W 5th Street - Photo 30](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f522109478r.jpg) ![701 W 5th Street - Photo 31](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2309039711r.jpg) ![701 W 5th Street - Photo 32](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f605498536r.jpg) --- **MLS#:** 20263452 | **Updated:** 2026-10-07 **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/701-w-5th-street-waterloo-ia-50702-20263452) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/701-w-5th-street-waterloo-ia-50702-20263452#listing", "url": "https://www.propertysimple.ai/listing/701-w-5th-street-waterloo-ia-50702-20263452", "name": "701 W 5th Street, Waterloo, IA 50702", "description": "Discover your business's next chapter in this versatile, high-visibility commercial building. Situated on one of Waterloo's busiest roadways, this vacant property offers unparalleled exposure and an adaptable floor plan perfect for retail operations, professional offices, or a hybrid enterprise. High-Visibility Location: Positioned on a major thoroughfare with high daily traffic counts, ensuring maximum brand exposure and a steady stream of potential walk-in customers. Flexible Zoning & Layout: Featuring a wide-open floor plan, this blank-canvas space can easily be configured into a vibrant retail storefront, a modern open-concept office, or a traditional corporate suite with private offices. Move-In Ready or Customizable: The building is currently vacant and clean, allowing for immediate possession and rapid build-out tailored specifically to your business needs. Ample Parking: Includes dedicated, hassle-free parking for both employees and clients, a crucial advantage on a busy main road. Excellent Signage Opportunities: Prominent exterior facade and roadside signage options ensure your business stands out to passing traffic. Possibilities Include: Retail Storefront: Perfect for a boutique, specialty grocery, showroom, or convenience market. Professional Services: Ideal for an insurance agency, law firm, accounting practice, or real estate office. Medical or Wellness Clinic: Suitable for physical therapy, chiropractic care, a dental practice, or a hair/nail salon. Creative Space: Great for a tech startup, marketing agency, or photography studio needing a blend of office and workshop areas. Don't miss the chance to anchor your business in a thriving, high-traffic Waterloo location. Bring your vision and explore the endless potential this property has to offer! 701 & 705 W 5th St., may be purchased separately or together for a discount. 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