2304 College Street

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2304 College Street

Cedar Falls, IA 50614
Asking Price
$425K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial retail asset listed for sale at $425,000
  • Situated prominently on College Street in Cedar Falls
  • Strategically located within the active College Hill district
  • Direct proximity to the University of Northern Iowa
  • Versatile layout suitable for office or retail operations

What's Special

Priced at $425,000, this retail property at 2304 College Street provides a strategic location on College Hill in Cedar Falls, Iowa. The asset serves a high-traffic area adjacent to the University of Northern Iowa campus, positioning it well for businesses aiming to capture student, faculty, and local resident demographics. The surrounding submarket benefits from the economic influence of the university and the consistent foot traffic characteristic of the College Hill district. Investors and business owners may find this site suitable for a variety of retail or office applications that require strong visibility and proximity to the campus corridor. The building provides a functional footprint adaptable to modern storefront or professional service requirements. Cedar Falls continues to maintain a stable regional economy, supporting long-term interest in commercial assets situated near primary educational institutions and established retail corridors.

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NOI
$80,000
Cap Rate
18.82%
DSCR
3.17
Strong
Cash-on-Cash
42.96%
Monthly Payment
$2,102.668
Annual Cash Flow
$54,767.983

Location & Travel Times