Skip to content
Photo 1 of 16
Photo 1 of 16 — 506 W 1st Street 3, Cedar Falls, IA 50613
View all 16 photos

506 W 1st Street 3, Cedar Falls, IA 50613

Black Hawk County

Key Facts

3,457Sq Ft
1914Year Built
0.38Lot (acres)

Description

Bring your business to one of Downtown Cedar Falls' most inviting office spaces. This thoughtfully designed suite features four private offices, creating an ideal layout for professional services, startups, consultants, or small businesses seeking a functional and welcoming workspace. Its efficient floor plan provides privacy for focused work while maintaining a warm, comfortable atmosphere throughout. Situated along W. 1st Street, you'll enjoy convenient access to the restaurants, retail, and amenities that make Downtown Cedar Falls such a desirable business destination. Whether you're launching a new venture or relocating your existing office, this space offers the perfect combination of professionalism, character, and location.

Property Information

Property Type

Commercial Lease

Sub-Type

Office

Year Built

1914

Living Area

3,457 sq ft

Lot Size

0.38 acres

Zoning

CD-DT

Days on Market

3

MLS® Listing#

20263256

Property Features

Financial Details

Annual Taxes

$17,660

Tax year 2024

Assessed Value

$728,580

Parcel Number

891412155023

Directions

Of off W 1st Street in Cedar Falls behind Asa Brows.

Affordability Calculator

$320

Estimated monthly payment

$9/mo

Principal $1,280 · Est. interest $1,786 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cedar Falls, IA

$303,846
Median Listing Price
74
Median Days on Market
1,662
Median Sq Ft
$162
Median Price / Sq Ft
413
Active Listings
  • This home’s price is 99% below the area median.
  • Its price per sq ft is 100% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Falls, IA.

Location

Map showing the location of 506 W 1st Street 3, Cedar Falls, IA 50613

Points of Interest in Cedar Falls, IA

Showing the Cedar Falls area map.

Nearby Schools

  • Cedar Falls Community School District

    School · 0.3 mi away

  • Lincoln Elementary School

    Elementary · 0.4 mi away

  • St Patrick Catholic School

    School · 0.5 mi away

  • Casa Montessori School

    Elementary · 0.5 mi away

  • Cedar Falls High School

    Secondary · 0.8 mi away

  • Hansen Elementary School

    Elementary · 1.0 mi away

  • Holmes Junior High School

    Secondary · 1.0 mi away

  • Price Laboratory School

    School · 1.3 mi away

  • North Cedar Elementary School

    Elementary · 1.4 mi away

  • Peet Junior High School

    Secondary · 1.7 mi away

  • Cedar Heights Elementary

    Elementary · 2.2 mi away

  • Southdale Elementary School

    Elementary · 2.3 mi away

  • River Hills School

    School · 2.4 mi away

  • Orchard Hill Elementary School

    Elementary · 2.8 mi away

  • Valley Lutheran High School

    Secondary · 3.2 mi away

  • Aldrich Elementary Cedar Falls, Iowa

    Elementary · 3.3 mi away

  • Castle Hill School

    School · 3.9 mi away

  • Central Middle School

    Secondary · 4.0 mi away

  • Waterloo Community School Dist

    School · 4.0 mi away

  • Blessed Sacrament

    School · 4.1 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
3004 S Hudson Road, Cedar Falls, IA$1,250/mo2,880
260 33rd Avenue SW G, Cedar Rapids, IA$1,562/mo
200 W 1st Street 103, Cedar Falls, IA$2,000/mo23,190
1934 Main Street, Cedar Falls, IA$2,000/mo1,208

Moving Cost Estimate

EXIT Agents in Cedar Falls

Listing Courtesy: AWRE - Commercial & Development - 3192692477

Presented by: Lindsey McEnaney

Based on information submitted to the MLS GRID as of 2026-07-13. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by neirbr. MLS® Listing#20263256. © 2026EXIT Realty®. All rights reserved.