1406 Commercial St 3,288 SF Retail Building Waterloo, IA 50702 $175,000 ($53.22/SF)

Located along the Commercial Street corridor near downtown Waterloo, 1406 Commercial Street sits within a versatile mixed-use commercial and light industrial district running parallel to the Cedar River. The building offers 3,288 square feet of functional space making it a well-proportioned site for mid-sized operations. On-site vehicular access includes approximately 12 to 18 dedicated paved parking stalls, complemented by ample public street parking directly along Commercial Street.
Zoned as C-2 or C-3 Commercial District, the property benefits from flexible local zoning that supports a wide range of uses, including retail, office, light service, and assembly functions. The surrounding neighborhood reflects a diverse commercial mix: immediate neighbors include auto repair shops and trade contractors, fraternal and civic organization halls, light industrial distribution facilities along nearby rail corridors, and pockets of single-family and multi-family residential housing just a few blocks away.
Given its layout, location, and zoning, the highest and best uses for this property center on trade contractor headquarters—such as electrical, plumbing, or HVAC businesses needing combined office and workshop space—as well as community assembly venues, fitness studios, or specialty showrooms requiring direct customer parking and accessible surface-street connectivity.