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Waterloo Bar/Restaurant Opportunity

328 Elm Street Waterloo, IA 50703

For Sale

Contact for pricing

SINGLE_FAMILY - Waterloo, IA

Type:Office

Lot size:

0.18 Acres

For Sale

Contact for pricing

SINGLE_FAMILY - Waterloo, IA

Type:Office

Lot size:

0.18 Acres

Added:: Mar 31, 2026
Days on Market:: 103
Last Refresh:: Jul 11 at 10:06 am

Property Features for 328 Elm Street

General Information

Property type: Residential
Property subtype: Office
Zoning: M2
Standard status: Active
APN: 891325255009
Lot size: 0.18 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: LANE AND FOWLERS SECOND ADD LOT 4 AND ALSO THAT PART OF ELM ST DESC AS BEG AT SE COR OF LOT 10 BLK 14 SAID ADD TH N ALONG E LINE BLK 14 TO NE COR LOT 1 BLK 14 TH E TO NW COR OF LOT 4 BLK 13 TH S TO SW COR LOT 7 BLK 13 TH NWLY TO PT OF BEG EXC W 6 FTTHEREO
Tax Annual Amount: 833

Utilities

Utilities: Water Available
Sewer type: Public Sewer

Building Details

Year built: 1930
Building materials: Frame

Listing agent Rick Bauer License #B18473000

Listing office RE/MAX Concepts - Cedar Falls 4800 University Avenue RE/MAX Concepts, Cedar Falls, IA

Listing date Mar 31, 2026

MLS# 20261271

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property, formerly Fortunes Bar, is available for sale in Waterloo, Iowa. The property is zoned M2. The 0.18-acre lot is situated adjoining several non profits including Operation Threshold, Waterloo Women's Center for Change, a Food Bank, and city-owned properties. The lot extends across Elm Street. The property has been used for storage and is currently vacant. The property is being sold as is.

Key Highlights

Large lot spanning Elm St.
Water available
Public sewer

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

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For sale
Bars & Pubs
IA
Waterloo
50703
328 Elm Street

What type of property is this?

Bar & Pub - Bar/Restaurant property for sale in Waterloo, Iowa.

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: Large lot spanning Elm St.; Water available; Public sewer

328 Elm Street Waterloo, IA 50703

SINGLE_FAMILY - Waterloo, IA

Property Features for 328 Elm Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

New Waterloo Warehouse Near Highway

Fully Leased Multi-Tenant Investment Property

Downtown Waterloo Commercial Building

One-Level Triplex with Detached Garages

Heated Shop and Office with Overhead Doors

High-Visibility Corner Commercial Building

Waterloo Commercial Property For Sale

Waterloo Office Suites For Sale

West Waterloo Office Suites

Waterloo Fourplex Investment Opportunity

Class A Downtown Office Building

Two-Unit Duplex Income Property

Similar Off Market Nearby

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