Historic Mixed-Use
632 Sycamore Street Waterloo, IA 50703
632 Sycamore Street, Waterloo, IA, 50703
$475,000
For Sale
$475,000
A 6-unit building offers three commercial suites and three residential units with in-unit washer and dryer hookups.
Property Size9,344 SF
Lot Size0.18 Acres
Price / SF$50.83
Days on Market478
Property Features for 632 Sycamore Street
General Information
- Standard status
- Active
- Size
- 9,344 SF
- Lot size
- 0.18 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1903
Listing agency
Keller Williams Legacy Group
(319) 594-2525
Listed by
Jerome Edwards
(319) 594-2525
Source
Pinnaclerealtyia
Added: Mar 31, 2025 Updated: Jul 20 at 10:32PM Checked: Jul 21 at 3:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Legacy Group
Investment Insights
Based on property information with market context.
The Gasser Building is a 9,344-square-foot mixed-use property with three commercial units and three residential units. The commercial suites total approximately 1,500 square feet each and feature historic character. One commercial unit is currently leased, while two units are ready to be white-boxed for re-lease. The residential units include two floorplan variations: two units with two bedrooms and two bathrooms, and one unit with two bedrooms and one bathroom. Residential features include a historic fireplace, in-unit washer and dryer, and original hardwood flooring throughout.
The building is located in downtown Waterloo and positioned within the Downtown TIF district and an opportunity zone. The property sits on 0.18 acres, providing a compact footprint for a centrally oriented mixed-use redevelopment and re-leasing strategy.
With existing commercial space and fully functioning residential unit features, the property supports an owner-operator or investor model focused on stabilizing and repositioning the commercial suites while maintaining current residential appeal.
The building is located in downtown Waterloo and positioned within the Downtown TIF district and an opportunity zone. The property sits on 0.18 acres, providing a compact footprint for a centrally oriented mixed-use redevelopment and re-leasing strategy.
With existing commercial space and fully functioning residential unit features, the property supports an owner-operator or investor model focused on stabilizing and repositioning the commercial suites while maintaining current residential appeal.
Key Highlights
- 9,344 SF building on 0.18 acres in downtown Waterloo, built in 1903
- 6 total units: (3) commercial suites and (3) residential units
- Commercial suites total about 1,500 SF each; one unit is leased and two are ready to be white‑boxed and re‑leased
Property Analytics
Location Intelligence
Current Use by Public Records
Daq King Daiquiri ...
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - A 6-unit building offers three commercial suites and three residential units with in-unit washer and dryer hookups.
Where is this triplex located?
The property is located at 632 Sycamore Street Waterloo, IA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 9,344 SF building on 0.18 acres in downtown Waterloo, built in 1903; 6 total units: (3) commercial suites and (3) residential units; Commercial suites total about 1,500 SF each; one unit is leased and two are ready to be white‑boxed and re‑leased
