- 2,600
- sqft
- 1951
- year built
- Status:
- ACTIVE
- MLS #:
- 20265253
- County:
- Black Hawk
- Listed By:
- Jared Hottle - Berkshire Hathaway Home Serv
- Agent Phone:
- (319) 288-5382
- Agent Email:
- jared@hottlerealestate.com
Sponsoring Broker: Kim Bakey, Iowa Realty
Prime corner lease opportunity at Magnolia Parkway and Falls Ave in central Waterloo — a high-traffic intersection with over 3,000 cars per day and outstanding signage visibility to capture every one of them. This completely renovated 840 SF suite is turnkey, with a brand new front window that floods the space with natural light and showcases your business to the street. Inside, you'll find a professional front office area opening to a large, flexible floor plan suited for retail, office, or service use. Recent updates include new flooring, fresh paint and texture, LED lighting, and a fully updated bathroom. A convenient side door simplifies deliveries, and the huge basement provides all the storage you need. Climate-controlled year-round with central AC and an efficient boiler system. Located near brand new housing developments and active commercial construction in Waterloo's growth corridor, with strong visibility, large signage opportunity, and ample parking — this space is ready for your business to move in and stand out.
Highlights
- Commercial Sale
- Built in 1951
- 0.12 Acre Lot
- 14 days on Market
-
- Year Built
- 1951
-
- Acres
- 0.12
-
- County
- Black Hawk
-
- City
- Waterloo
-
- Zip Code
- 50701
-
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Estimated Value
$215,966
Estimated Sales Price Range:
$151,176 - $280,755
Source: Constellation Data Labs
Price History
| 10/27/2026 | Listed | $800 |
| Source: Northeast Iowa Regional Board of REALTORS #20265253 | ||
| 05/18/2026 | Off Market | — |
| Source: Northeast Iowa Regional Board of REALTORS #20262160 | ||
| 01/06/2026 | Off Market | — |
| Source: Northeast Iowa Regional Board of REALTORS #20260089 | ||
| 01/06/2026 | Off Market | — |
| Source: Northeast Iowa Regional Board of REALTORS #20260088 | ||
| 03/21/2024 | Sold | $750 |
| Source: Northeast Iowa Regional Board of REALTORS #20240571 | ||
| 02/20/2024 | Listed | $750 |
| Source: Northeast Iowa Regional Board of REALTORS #20240571 | ||
Source: MLS Data
Deed History
| 02/19/2024 | Warranty Deed | $130,000 |
| 09/05/2019 | Warranty Deed | $79,500 |
| 11/19/2014 | Warranty Deed | $87,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 11/19/2014 | Unknown | $69,600 |
Source: Public records via Constellation Data Labs
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Look Throughout Waterloo
There are currently 432 properties available in Waterloo, with 0 under contract to close soon. Properties in the city have an average sale price of $228,133 and typically spend 77 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 2101 Falls Ave?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 2101 Falls Ave.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 2101 Falls Ave?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $800. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Waterloo, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 2101 Falls Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 2101 Falls Ave at around $211. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 2101 Falls Ave?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Black Hawk County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 2101 Falls Ave?
In most cases, yes. Whether 2101 Falls Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Waterloo's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 2101 Falls Ave?
We can handle that for you. Our preferred local agent specializes in commercial sales in Waterloo and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $800 with 2,600 sqft of space—that comes out to approximately $0 per square foot.
How long has this property been on the market?
2101 Falls Ave was listed on October 27, 2026, which means it's been on the market for 14 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1951, making it approximately 75 years old.
What is the lot size of this property?
2101 Falls Ave sits on a 0.12-acre lot, which is 5,227 square feet.
What are the property taxes for 2101 Falls Ave?
The most recent public record shows annual property taxes for 2101 Falls Ave were approximately $2,479. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 2101 Falls Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information submitted to the MLS GRID as of November 10, 2026 at 07:47PM All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.