# 705 W 5th Street, Waterloo, IA 50702 > **TL;DR:** commercial, $75,000, built 1977. > A/C. Est. $401/mo. Listed 76 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $75,000 | | Year Built | 1977 | | Lot Size | 2,178 sqft (0.05 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%) | $379 | | Estimated Insurance | $22 | | **Total** | **$401** | ## Key Amenities - A/C ## Property Highlights - Built in 1977 - 0.05 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 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 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. ## Location - **Address:** 705 W 5th Street, Waterloo, IA 50702 - **County:** Black Hawk - **Coordinates:** 42.490181, -92.343406 - **Google Maps:** https://www.google.com/maps?q=42.490181,-92.343406 ## Virtual Tour & Media - **Video Tour:** https://unbranded.visithome.ai/d244AKLPLnZTCpAzaFQ4tV?mu=ft ## Listing Agent - **Name:** Gordon Sorensen - **Brokerage:** RE/MAX Home Group - **Phone:** 3192691164 - **Broker Phone:** (319) 266-7100 ## Photos ![705 W 5th Street - Photo 1](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f1056003236r.jpg) ![705 W 5th Street - Photo 2](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f1140530438r.jpg) ![705 W 5th Street - Photo 3](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f4208882708r.jpg) ![705 W 5th Street - Photo 4](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f3951938553r.jpg) ![705 W 5th Street - Photo 5](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f2218602663r.jpg) ![705 W 5th Street - Photo 6](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f1116126671r.jpg) ![705 W 5th Street - Photo 7](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f163531706r.jpg) ![705 W 5th Street - Photo 8](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f981565363r.jpg) ![705 W 5th Street - Photo 9](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f3949126762r.jpg) ![705 W 5th Street - Photo 10](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f660305787r.jpg) ![705 W 5th Street - Photo 11](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f2458037494r.jpg) ![705 W 5th Street - Photo 12](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f1508858623r.jpg) ![705 W 5th Street - Photo 13](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f2762472826r.jpg) ![705 W 5th Street - Photo 14](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f1112845128r.jpg) ![705 W 5th Street - Photo 15](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f2208091749r.jpg) ![705 W 5th Street - Photo 16](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f2887175085r.jpg) ![705 W 5th Street - Photo 17](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f1669886597r.jpg) ![705 W 5th Street - Photo 18](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f2563075041r.jpg) ![705 W 5th Street - Photo 19](http://lh.rdcpix.com/9ebc1b5a3babe035bdf11e55423e90a2l-f1241610388r.jpg) --- **MLS#:** 20263453 | **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/705-w-5th-street-waterloo-ia-50702-20263453) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/705-w-5th-street-waterloo-ia-50702-20263453#listing", "url": "https://www.propertysimple.ai/listing/705-w-5th-street-waterloo-ia-50702-20263453", "name": "705 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 property offers unparalleled exposure and an adaptable floor plan perfect for retail operations, professional offices, or a hybrid enterprise. 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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. 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