301 4th St Waterloo, IA 50703-4703
This exceptional 2,378 square foot retail space is situated on a prime corner lot in the heart of Downtown Waterloo, Iowa. Currently undergoing an exterior renovation, this property boasts an impressive architectural design, as showcased in the available photo reel depicting the completed exterior. The 0.06-acre lot ensures high visibility and accessibility for customers. The interior offers a spacious and adaptable layout, perfect for a variety of retail businesses. The location provides excellent exposure to significant foot traffic and vehicular traffic, ensuring maximum brand visibility. This is a truly unique opportunity to establish a thriving business in a vibrant downtown area. The property is offered at $2600, with estimated Net, Net, Net (NNN) expenses of $5.02 per square foot. This represents a compelling investment opportunity for entrepreneurs seeking a high-impact retail presence in a revitalized urban setting. The ongoing exterior improvements will further enhance the property's curb appeal and attract a wider customer base. Don't miss this chance to secure a prominent retail location in Waterloo's dynamic downtown core. Contact us today to schedule a viewing and explore the possibilities.
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El Patron Family Mexican Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.