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33518417
33518432

402 East 4th Street, Waterloo, IA 50703

LM
IA S70812000
AW Commercial & Development
PS
IA B63101000
AW Commercial & Development
Listed by AW Commercial & Development
$2,381,000
1 day on market
Updated 1 day ago
Opportunity zone

402 East 4th Street

Details
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Square Footage 17,208
Cap Rate 8.15%
Pro-Forma NOI $194,143
Class A
Year Built 1920
Buildings 1
Acreage 0.650
Zoning C-3
Investment Type Owner/User

About This Property

Marketing description

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.

Listing Contacts

LM
IA S70812000
AW Commercial & Development
PS
IA B63101000
AW Commercial & Development
Listed by AW Commercial & Development

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Additional Information

Name
Lindsey McEnaney
License
S70812000
Brokerage Phone
3192692477
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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