2501 Melrose Drive, Cedar Falls, IA

$1,395,000

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10,691

Square feet

2.09

Acres

About 2501 Melrose Drive

Rare 2.09-Acre Commercial Opportunity in Cedar Falls Rare opportunity to acquire over 2 acres of commercial real estate in a high-visibility Cedar Falls location. Formerly home to Earl May Nursery & Garden Center, this property offers a substantial existing commercial facility with approximately 10,000+ square feet of improvements, extensive concrete parking and site improvements, and excellent potential for an owner-user, investor, or future redevelopment. The main building features approximately 7,475 square feet of retail space with HVAC, exposed wet sprinkler system, and a finished mezzanine. Additional improvements include an approximately 900-square-foot warehouse with loading dock, an approximately 1,800-square-foot greenhouse, and a 1,152-square-foot attached canopy. The property also offers approximately 39,000 square feet of concrete paving, providing significant parking and outdoor use areas. The building is in good to dated condition and offers a functional layout that could be adapted for a variety of commercial uses. Most of the existing retail fixtures have been removed, allowing a new owner flexibility to reconfigure the space for their specific needs. With over 2 acres of land, substantial existing improvements, and a prominent Cedar Falls location, this property presents a unique opportunity for a business looking for a large owner-user facility or for an investor or developer looking for a well-positioned commercial site. Property highlights include: * 2.09-acre commercial site * Approximately 10,000+ SF of total improvements * 7,475 SF main retail building * 900 SF warehouse with loading dock * 1,800 SF greenhouse * 516 SF finished mezzanine * 1,152 SF attached canopy * Approximately 39,000 SF of concrete paving * HVAC in main building * Existing sprinkler system * Excellent owner-user or redevelopment opportunity * High-visibility Cedar Falls location A unique opportunity to acquire a large commercial property with substantial existing improvements in one of Northeast Iowa's strongest commercial markets.

Features of 2501 Melrose Drive

MLS® # 20264560
Price $1,395,000
Total Available Sq. Ft 10691.00
Square Footage 10,691
Acres 2.09
Year Built 1984
Type Commercial Sale
Sub-Type Office/Retail
Status Active

Community Information

Address 2501 Melrose Drive
City Cedar Falls
County Black Hawk
State IA
Zip Code 50613

Amenities

Utilities Electricity Available, Fiber Optics, Natural Gas Available, Phone Available, Sewer Available, Water Available

Interior

Heating Forced Air, Hot Water
Cooling Central Air

Exterior

Exterior Brick
Roof Membrane
Construction Brick

Lease Information

Price Type Gross
Lease Type None

Additional Information

Date Listed September 20th, 2026
Zoning S-1
Total Building Sq. Ft. 11843.00
Gross Taxes $29,712

Listing Details

AgentTimothy Lalk
OfficeCentury 21 Signature RE- Waverly

Listing Map

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