17,208 sqft

$2,381,000

404 E 4th Street, Waterloo IA, 50703

Price per sqft$138.37

Built in1920

Property size17,208 sqft

Property typeCommercial

Courtesy of AWRE - Commercial & Development, Listing Contact:

Overview

Active

Listed May 29, 2026

Updated Jun 12

A premier downtown investment opportunity, this 17,208 SF Class A office building offers a rare combination of quality, stability, and long-term value. Fully occupied by two established tenants, the property provides immediate cash flow and meticulously renovated asset. Positioned in the heart of Downtown Waterloo, the building features premium finishes throughout, distinctive architecture, and a commanding presence within the city's business district. Situated on approximately 0.65 acres, the property includes more than 50 on-site parking stalls, secure vault space, and modern building systems designed to accommodate a variety of professional office users. Surrounded by government offices, restaurants, entertainment, and other downtown amenities, the property benefits from exceptional visibility, accessibility, and a desirable location. This is a rare opportunity to acquire a fully leased, turnkey investment asset in one of Waterloo's most recognizable office buildings.

Additional information

MLS^® ID: 20262393

Interior Features

Basement: No

Exterior Features

Lot Size: 0.65 Acres

Other Property Details

Taxes: $59,142
Tax Frequency: Annually

Listings courtesy of IA - Northeast Iowa Regional Board of REALTORS® (NEIMLS / NEIRBR) as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Wapsie Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:46 AM UTC on 6/12/2026. 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.