# 701 W 5th Street, Waterloo, IA 50702

> **TL;DR:** commercial, $135,000, built 1905.
> A/C. Est. $722/mo. Listed 1 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 | For Sale |
| Days on Market | 1 |

## 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 Concepts - Cedar Falls
- **Phone:** 3192691164

## Primary Photo

![701 W 5th Street - Primary Photo](http://lh.rdcpix.com/ead54c04f0f74dcd9651074299044de6l-f2184588840r.jpg)

*32 total photos available on [listing page](https://www.propertysimple.ai/listing/701-w-5th-street-waterloo-ia-50702-20263452)*

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**MLS#:** 20263452 | **Updated:** 2026-08-01
**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)

---

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