Now Leasing · 531 Commercial St
Office space for rent in downtown Waterloo, Iowa
From a single office to a full floor
The Waterloo Building leases office space from suites of about 500 square feet up to entire floors of roughly 3,000 square feet — ten stories of offices in downtown Waterloo's 1914 landmark. Some available suites are advertised publicly; others are unlisted, so the fastest way to see everything open is to call.
Individual office
~500–1,000 sq ft
Single suites for solo professionals, counselors, consultants, and startups getting established downtown.
Multi-office suite
~1,000–2,000 sq ft
Reception plus several offices for growing practices and small firms that need room to add people.
Full floor
up to ~3,000 sq ft
An entire single-tenant floor for established firms that want their own identity in a landmark building.
What Comes With The Building
More than four walls
- Covered parking for $50/month in the adjoining garage
- Enclosed skywalks to the convention center & adjacent hotel
- Cedar River views from upper floors
- Original stonework and a century-old bank vault
- A staffed, well-maintained downtown landmark
- Blocks from courts, banks, and restaurants
And if you're building something new in the Cedar Valley, ask about our leasing incentives for professionals under 30 and recent UNI graduates.
Ask about available suites
How Leasing Works
Straightforward, and local
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Tour
Call (415) 504-2765 or use the contact form, and we'll walk you through the suites that fit.
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Terms
We propose a lease matched to your size and length needs — negotiated locally, not printed from a template.
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Move in
Flexible timing, and many suites are move-in ready.
Questions & Answers
Leasing questions
How much does office space cost at The Waterloo Building?
Rates depend on the suite, floor, and lease length, so we quote per suite — call (415) 504-2765 for current pricing. Covered parking in the adjoining garage is a flat $50 per month.
What sizes are available?
From about 500 square feet up to a full floor of roughly 3,000 square feet, with adjacent suites combinable as you grow.
Is parking included?
Covered parking in the adjoining garage is available to tenants for $50 a month, with enclosed skywalk access into the building.
Are there incentives for young professionals or UNI grads?
Yes — we offer leasing incentives for professionals under 30 and recent University of Northern Iowa graduates. Ask for details when you inquire.
Who do I talk to about leasing?
Leasing is handled locally by Waterloo Commercial LLC. Call (415) 504-2765 or send a message to set up a tour.
See what's open
Tell us what you need and we'll show you every suite that fits — including the ones not advertised online.
Contact us