328 Elm Street Waterloo, IA 50703

Building Details

Year Built

1930

Listing office RE/MAX Independence Realty m***@gmail.com Show Phone

Listing date Mar 31, 2026

Source Pinnaclerealtyia

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Investment Insights

Based on property information with market context.

The property is a commercial site that has been used as storage and is currently vacant. The prior business operation was Fortunes Bar. The seller represents the sale as-is, with noted vandalism including copper removal.

The property is situated adjoining several non-profit organizations, including Operation Threshold and Waterloo Women’s Center for Change, along with a food bank and city-owned properties. The lot extends across Elm Street.

With the building and site being vacant, this offering may suit buyers looking for a straightforward repositioning project or storage-focused use, subject to applicable approvals and restoration needs following prior conditions. Prospective purchasers should plan for due diligence related to the property’s current condition, site security, and any required repairs or permitting before reuse.

Key Highlights

• 0.18‑acre corner lot with approximately 780 total building area
• Built in 1930; selling as‑is with co‑owner noted in remarks
• Previously used as a bar and storage site; currently vacant

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FAQs

What type of property is this?

Bar & Pub - Previously used as a bar and storage site, now vacant and sold as-is for redevelopment or operational reuse.

Where is this bar & pub located?

The property is located at 328 Elm Street Waterloo, IA.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: 0.18‑acre corner lot with approximately 780 total building area; Built in 1930; selling as‑is with co‑owner noted in remarks; Previously used as a bar and storage site; currently vacant