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    Renovated Downtown Office Building Title is generated by Realmo AI

    404 E FOURTH ST, Waterloo, IA 50703

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    Fully leased office building with recent renovations and two established tenants in downtown Waterloo.

    Type:Office
    Property size:
    17,208 SF
    Price / SF:
    $138/SF
    Added:
    Jun 3, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 6 at 3:28 am

    Property Features for 404 E FOURTH ST

    General Information

    Standard status
    Active
    Size
    17,208 SF
    Property subtype
    Office

    Building Details

    Year Built
    1920

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    Listing Contact
    Phillip Shirk
    Phillip Shirk

    Listing agent Phillip Shirk License #IA B63101000

    Listing office AW Commercial & Development

    Listing date Jun 3, 2026

    Source Crexi

    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 AW Commercial & Development

    HighLights

    • Fully leased office building in downtown Waterloo
    • Built in 1920 with distinctive architecture
    • Leased to two established tenants
    • Recently renovated building
    • Property is fully occupied, supporting immediate cash flow

    Overview

    This renovated office building is fully occupied and leased to two established tenants. The property offers a turnkey setup supported by recent improvements, bringing a maintained, updated appearance to a distinctive downtown asset. As an office building, it is configured to support multiple tenant operations under one ownership structure.

    Located in the heart of Downtown Waterloo, the building benefits from its downtown presence. It is positioned near restaurants, entertainment, government offices, and other downtown amenities, supporting day-to-day business accessibility for employees and visitors. The property also benefits from strong visibility within the downtown environment.

    For buyers looking for an income-producing office asset, this building provides current occupancy with two tenant relationships already in place. For tenants and brokers evaluating the space, the recent renovations and maintained condition can help reduce near-term capital needs while offering a professionally presented downtown office setting. The combination of a renovated exterior and interior condition, along with existing leasing to two tenants, makes the property straightforward to evaluate as an office investment or ownership opportunity.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Building Supply Gym & Fitness Center Pharmacy Bar & Pub HVAC Service Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.27263
    Latitude
    42.409897

    FAQs

    What type of property is this?
    Office building - Fully leased office building with recent renovations and two established tenants in downtown Waterloo.
    Where is this office building located?
    The property is located at 404 E FOURTH ST Waterloo, IA.
    What is the asking price?
    The asking price for this property is $2,381,000.
    What are key features of this property?
    This property features: Fully leased office building in downtown Waterloo; Built in 1920 with distinctive architecture; Leased to two established tenants
    (319) 269-2477 Call to check price and availability
    More about this property
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