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716 Commercial St
716 Commercial St, Waterloo, IA 50701, USA

Monthly rent-
Beds1–2
Baths1–2
Sqft880–1,100
modified
5+ Days Ago

Units

716 Commercial St Waterloo, IA

Occupied Units

Occupied

202

1 Bed

1 Bath

$1,000

Listed by 716-718 Commercial - 202
Days on market: 560
Newly renovated 1 bed room 1 bathroom with esthetic character. What once was of the old Fire Station #2 and the El Mecca Shrine Club, this unit has been restored and updated with all new high-end appliances, has in-unit laundry, wood floors, tile showers, in-laid ceiling lighting, and a private deck off the bedroom. This apartment boast everything that you are looking for in urban downtown living! Certified Historic Structure. Former Fire Station #2 and Shriner Club. Needs renovation. Probably surplus due to location and should be sold.

Occupied

203

1 Bed

1 Bath

$1,050

Listed by 716-718 Commercial - 203
Days on market: 560
Newly renovated 1 bed room 1 bathroom with esthetic character. What once was of the old Fire Station #2 and the El Mecca Shrine Club, this unit has been restored and updated with all new high-end appliances, has in-unit laundry, wood floors, tile showers, in-laid ceiling lighting, and a private entrance and deck. This apartment boast everything that you are looking for in urban downtown living! Certified Historic Structure. Former Fire Station #2 and Shriner Club. Needs renovation. Probably surplus due to location and should be sold.

Occupied

201

2 Beds

2 Baths

$1,250

Listed by 716-718 Commercial - 201
Days on market: 495
Newly renovated 2 bed room 2 bathroom with esthetic character. What once was of the old Fire Station #2 and the El Mecca Shrine Club, this unit has been restored and updated with all new high-end appliances, has in-unit laundry, wood floors, tile showers, huge living room windows that allow natural light, and in-laid ceiling lighting. This apartment boast everything that you are looking for in urban downtown living! Certified Historic Structure. Former Fire Station #2 and Shriner Club. Needs renovation. Probably surplus due to location and should be sold.

Amenities for 716 Commercial St

Some units at this address have these amenities. View unit details for more information.

Unit Amenities
  • Central Heat
  • Cable
  • Air Conditioning

Policies at 716 Commercial St

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 716 Commercial St

HomeApartments in WaterlooDowntown Waterloo 716 Commercial St #201, Waterloo, IA 50701, USA

Interested in leasing 716 Commercial St, Waterloo, IA 50701, USA? We have detailed property and location information to help you better understand the unit and the neighborhood. Our team is working on gathering photos, amenities, transportation, and local school information in order to help you make your decision on where you want to live. Below, you can compare the rent price at 716 Commercial St, Waterloo, IA 50701, USA vs overall rent prices in Downtown Waterloo, IA. We have compiled nearby businesses and things to do close to 716 Commercial St, Waterloo, IA 50701, USA.

Address details

Units3
Units available0
Neighborhood
City
Zip code50701

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 716 Commercial St, Waterloo, IA 50701, USA compares to other nearby properties.

Positives

Central heat
This address offers a climate controlled environment

Considerations

Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Waterloo

If you decide to upgrade your space, you can expect 2-bedrooms at 716 Commercial St #201 to be 6% less than the average for similarly sized apartments in Downtown Waterloo.

Median rents as of Oct 18 2025.
Downtown Waterloo
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
November 2023$661
December 2023$761
January 2024$727
February 2024$654
March 2024$635
April 2024$518
May 2024$762
June 2024$918
July 2024$1,200
August 2024$1,200
September 2024$1,187
October 2024$1,187
November 2024$1,120
December 2024$1,106
January 2025$1,100
February 2025$1,062
March 2025$1,100
April 2025$1,100
May 2025$1,100
June 2025$1,072
July 2025$975
August 2025$1,100
September 2025$1,105
October 2025$1,037
A table of studio rental data trends in Downtown Waterloo
MonthMedian Rent
February 2024$1,200
March 2024$1,100
June 2024$1,200
July 2024$1,300
August 2024$1,260
September 2024$1,200
October 2024$1,200
November 2024$1,200
December 2024$1,200
January 2025$1,200
February 2025$1,200
March 2025$1,200
April 2025$1,200
May 2025$1,200
June 2025$1,200
July 2025$1,200
August 2025$1,200
September 2025$1,200

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 716 Commercial St, Waterloo, IA.
1 year ago$1,2502 bed2 bath
1 year ago$1,0001 bed1 bath
1 year ago$1,0501 bed1 bath

Schools near 716 Commercial St #201

Lowell Elementary School

1628 washington st

waterloo, IA, 50702

PK, K-5Public
C-
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Neighborhood

Downtown Waterloo | Waterloo, IA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Waterloo near 716 Commercial St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 716 Commercial St, Waterloo

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

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