57 E Tower Park DriveWaterloo, IA 50701

Commercial · 2,295 Sq. ft. | 0.61 Acres
$33 ACTIVE

57 E Tower Park Drive Overview

Time on Site:
333 days
Visits:
18

This exceptional 2,295 sq. ft. commercial space presents a rare opportunity for high-impact office or retail placement at $33 PSF NNN. Situated in a premier, high-visibility location with substantial traffic counts, the property is perfectly configured for a financial institution, credit union, or professional service provider. The interior features a professional layout including three private offices, a dedicated breakroom, and an inviting, spacious lobby designed to welcome clients. A standout feature of this site is the integrated 1,008 sq. ft. canopy area, which provides ready-to-use drive-through lanes for added customer convenience. Whether you are looking to capitalize on its history as a former bank branch or re-envision the space for modern retail, this location offers the infrastructure and exposure necessary for a thriving business.

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57 E Tower Park Drive Facts & Features

  • Type Commercial
  • Sq. ft. 2,295
  • Price/Sq.ft. $0
  • Lot 0.61 Acres

Details

General

Income/Expenses

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

Listing Information

  • Buyer Financing: Cash Convention

Building Information

  • Year Built: 1997

Location/Region

  • County Or Parish: Black Hawk

Rent/Lease Information

  • Tenant Pays: All Utilities

Tax Information

  • Tax Annual Amount: 21460.79
  • Tax Assessed Value: 592310
  • Tax Year: 2024

General Information

  • Parcel Number: 881310103003
  • Possible Use: Office,Retail
  • Property Sub Type: Retail
  • Property Type: Commercial Lease
  • Special Listing Conditions: Lease
  • Zoning: C-2

Interior

Building Interior

  • Building Area Total: 2295

General Information

  • Cooling: Central Air
  • Flooring: Tile,Carpet,Concrete
  • Heating: Natural Gas

Exterior

Lot Information

  • Frontage Type: Corner Lot,City Street,Frontage Road
  • Lot Features: Close to Shopping
  • Lot Size Acres: 0.61
  • Lot Size Square Feet: 26571

Building Exterior/Construction

  • Roof: Membrane,Flat

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Water Available,Sewer Available,Phone Available

57 E Tower Park Drive 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.

57 E Tower Park Drive 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

57 E Tower Park Drive History

Date Event Value Agent
8/1/2025Source: Northeast Iowa Regional MLS Added to Database
August 01, 2025
Listing provided courtesy of Fischels Commercial GroupNortheast Iowa Regional MLS- MLS# 20253675MLS Provider