2103 Falls Ave

For Sale: Updated 3-Tenant Commercial Building on Falls Ave – Waterloo, IA

Excellent opportunity to own a centrally located, income-producing commercial property in the heart of Waterloo! This 3-tenant building features over 2,600 square feet of space and has seen numerous upgrades, including a brand new roof, new AC, fresh flooring and paint in two of the units, and new parking lot striping.

Currently, two units are leased with one vacant and actively marketed for rent. When fully occupied, the property generates $2,450/month in rental income—a perfect fit for investors or owner-occupiers looking to offset their expenses with tenant cash flow.

Conveniently situated on Falls Ave near other established businesses and new development, the property offers ample off-street parking and strong visibility in a growing area.

📍 Over 2,600 SF | 3 Units | Investment or Owner-User Opportunity
💰 Rental Income When Fully Occupied: $2,450/mo
📌 Falls Ave Location | Near Retail, Office, and Redevelopment Activity