1203 W Ridgeway AvenueWaterloo, IA 50701

Commercial · 20,672 Sq. ft. | 0.78 Acres
$1,865,000 ACTIVE

1203 W Ridgeway Avenue Overview

Time on Site:
69 days
Visits:
33

Positioned along the highly trafficked corridor of W Ridgeway Avenue in Waterloo, this premier office property offers an exceptional opportunity for both owner-users and investors alike. The 10,336-square-foot building sits on a generous 0.78-acre parcel, providing excellent visibility, accessibility, and ample on-site parking for employees and clients. The interior features a well-designed and highly functional layout, including multiple private offices, a spacious boardroom ideal for meetings and collaboration, and flexible work areas that can accommodate a variety of professional uses. The building’s layout supports both single-tenant occupancy or a multi-tenant configuration. Adding to its appeal, the property includes a separate ±2,000-square-foot suite on the east side of the building, presenting a valuable opportunity for passive income. With its strong presence, adaptable layout, and income-generating potential, this property stands out as a rare offering.

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1203 W Ridgeway Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 20,672
  • Price/Sq.ft. $90
  • Lot 0.78 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2000

Location/Region

  • County Or Parish: Black Hawk

Tax Information

  • Tax Annual Amount: 44758
  • Tax Assessed Value: 1149600
  • Tax Year: 2024

General Information

  • Parcel Number: 881304101009
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Special Listing Conditions: Normal Sale
  • Zoning: R-4

Interior

Building Interior

  • Building Area Total: 20672

Exterior

Lot Information

  • Lot Size Acres: 0.78
  • Lot Size Square Feet: 34020

1203 W Ridgeway Avenue Neighborhood

Community

50701 (WATERLOO) Demographics

38
Median Age
368
Population Density (per sq. mile)
41%
College Educated
$53,348
Estimated Median Income
8,318
Estimated Total Home Owners
4,784
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1203 W Ridgeway Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1203 W Ridgeway Avenue Market Data

Based on the last 30 days in this zip code

$259,254
Average List Price
$3,165
Average Price per Square Foot
34
Properties Sold
83
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

1203 W Ridgeway Avenue History

Date Event Value Agent
4/22/2026Source: Northeast Iowa Regional MLS Added to Database
April 22, 2026
11/1/2023Source: Northeast Iowa Regional MLS Status Change
Closed
Listing provided courtesy of AWRE - Commercial & DevelopmentNortheast Iowa Regional MLS- MLS# 20261662MLS Provider