Price Reduction
Address
320 W 1st Street, Cedar Falls, IA
Price
$ 645,000
Property Attributes
- MLS#20263608
- TypeCommercial
- Listing Status ACTIVE
- CountyBLACK HAWK
- CityCedar Falls
- AreaBlack Hawk
- Zip50613
- StyleOffice/Retail
- Year Built1930
- Taxes$ 16380
- Price$ 645,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2207
- Lot Size0.39 Acres
Data Source:
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID
Property Description
This hard corner in Cedar Falls is an excellent location for a business/office/retail operation looking for visibility. 18,000+ cars pass by per day at this intersection of 1st st (hwy 57) and Franklin St in Cedar Falls. Building has been occupied with the same tenant for over 30 years. Open concept building with potential for easy remodel. This property has great redevelopment potential as well owner occupancy. While not under same ownership, the adjacent properties to the south are confirmed to be available for purchase to put together a larger scale redevelopment.
| Price History | |
|---|---|
| 8/3/2026 | Listed $699,000 |
| 8/31/2026 | 1$695,000 |
| 9/9/2026 | 8$645,000 |
General Features
| Zoning | DT-Urban |
|---|---|
| Year Built | 1930 |
| Property Subtype | Office/Retail |
| Tax Year | 2025 |
| County | Black Hawk |
| Property Type | Commercial Sale |
| Status | ACTIVE |
| Directions | Intersection of 1st and Franklin |
| City | Cedar Falls |
| Open Parking Spaces | 21 |
| Lot Size Square Feet | 17072 |
| Tax Annual Amount | 16380 |
| Lease Type | Net |
| Tax Assessed Value | 558870 |
Exterior Features
| Building Area Total | 2207 |
|---|---|
| Lot Size Acres | 0.39 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 50613
Price
Taxes
Year Built
Visits
