1. Iowa
2. Cedar Falls
3. 715 W 1st Street

715 W 1st Street, Cedar Falls, IA 50613

• 1,280 sqft

Property Description

Seize this rare opportunity to own a versatile commercial property offering both immediate cash flow and future flexibility. This well-maintained office space features 8 private suites, 5 of which are currently leased to reliable, long-term tenants (currently on month to month leases but all would like to stay depending on what the new owner has planned), providing a strong base of passive income from day one. Whether you're an investor looking for a low-maintenance asset with upside potential, or a business owner seeking to occupy part of the space while earning rental income from the rest, this property offers a smart and strategic solution. Property Highlights: 8 Private Office Suites – Varying sizes, ideal for individual professionals or small teams 5 Leased Units – Steady rental income with room to grow Flexible Layout – Use part of the space for your own business or lease all units for maximum RO Desirable Location – 1st St in Cedar Falls and close to downtown. Well-Maintained – Recent updates and minimal capital improvements needed Income Potential: Current rental income from 5 tenants Opportunity to lease remaining 3 suites or occupy for your own operations Competitive market rates with room for rent increases over time Whether you're expanding your portfolio or searching for a dual-purpose office location, this property offers the flexibility and financial appeal to fit your goals.

Listing Status:

Pending

Listing Office:

AWRE - Commercial & Development : 319-269-2477

Listing Agent:

Blake Keating :

MLS ID:

20253358

Location

Lot

Financial

This listing courtesy of Blake Keating, AWRE - Commercial & Development