Mixed-Use Investment
For Sale
$249,900
501-505 W 4th Street, Waterloo, IA 50701
Mixed-use property with three main-level office or retail suites and five residential apartments above, plus private off-street parking.
Property Size7,552 SF
Price / SF$33.09
Days on Market238
Property Features for 501-505 W 4th Street
General Information
Standard status
Active
Size
7,552 SF
Property subtype
Commercial
Zoning
C-2
Units
Multifamily Units
5
Office Units
3
Taxes and HOA fees
Annual Taxes
$5,443
Amenities
Tile,Carpet,Concrete
Corner Lot,City Street
0.39
7552
Building Details
Building Size
7,552 SF
Year Built
1913
Stories
2
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 213-1157
Listed By:
Lydia Fitzgerald
(319) 213-1157
Source:
Pinnaclerealtyia
Added: Jan 6
Changed: Aug 31
Last Checked: Aug 31 at 12:37PM
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 GLD Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This mixed-use investment property includes three main-level office or retail suites and five residential apartments on the second level. The building is configured to support both commercial and residential income within the same structure.
The property is located at 501-505 W 4th Street in Waterloo, IA, and is described as having high visibility. A large, private off-street parking area is available for both tenants and clients, adding practical convenience for day-to-day operations.
Residential leases are currently on a month-to-month basis, providing flexibility for an investor regarding timing of rent adjustments or potential unit transitions. The seller is also open to considering a sale on contract, subject to the strength of proposed terms.
The property is located at 501-505 W 4th Street in Waterloo, IA, and is described as having high visibility. A large, private off-street parking area is available for both tenants and clients, adding practical convenience for day-to-day operations.
Residential leases are currently on a month-to-month basis, providing flexibility for an investor regarding timing of rent adjustments or potential unit transitions. The seller is also open to considering a sale on contract, subject to the strength of proposed terms.
Key Highlights
- Mixed‑use building with 3 main‑level office/retail suites and 5 residential apartments on the second level
- Large private off‑street parking area for tenants and clients
- All residential leases are month‑to‑month
Property Analytics
Current Use
Lease Details
3
Office units
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
Explore this area
Business Placement
Demographics for 50701, IA
29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed-use property with three main-level office or retail suites and five residential apartments above, plus private off-street parking.
Where is this apartment building located?
The property is located at 501-505 W 4th Street Waterloo, IA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Mixed‑use building with 3 main‑level office/retail suites and 5 residential apartments on the second level; Large private off‑street parking area for tenants and clients; All residential leases are month‑to‑month
