Historic Mixed-Use
For Sale
$350,000
Pending
632 Sycamore Street, Waterloo, IA 50703
Commercial Sale, Waterloo, IA
Property Size9,344 SF
Lot Size0.18 Acres
Days on Market584
Property Features for 632 Sycamore Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C
Directions
On the corner of E 5th Street and Sycamore Street, Downtown Waterloo, IA.
Standard status
Pending
APN
891325102004
Lot size
0.18 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2023
Tax Description
ORIGINAL PLAT WATERLOO EAST SE 64 2/3 FT LOTS 1 & 4 BLK 3
Tax Annual Amount
6287
Legal Description
ORIGINAL PLAT WATERLOO EAST SE 64 2/3 FT LOTS 1 & 4 BLK 3
Amenities
historic fireplace
in-unit washer and dryer
original hardwood flooring
Building Details
Year built
1903
Buildings
1
Listing Agency:
Lockard Realty Company
(319) 277-8000
Listed By:
Lindsey McEnaney · License #S70812000
(563) 419-7644
Added: Mar 31, 2025
Changed: Oct 28
Last Checked: Nov 4 at 9:06AM
MLS# 20251283
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.
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Investment Insights
Based on property information with market context.
Built in 1903, this 9,344-square-foot property occupies 0.18 acres and contains three commercial units alongside three residential units. One commercial suite is leased; the other two are ready for white-boxing and re-leasing. The commercial spaces measure approximately 1,500 square feet each and retain historic details.
The three apartments include two units with two bedrooms and two bathrooms, plus one with two bedrooms and one bathroom. Each has a historic fireplace, in-unit washer and dryer, and original hardwood floors. The property is in downtown Waterloo, within the Downtown TIF district and an opportunity zone, where incentives are available.
The three apartments include two units with two bedrooms and two bathrooms, plus one with two bedrooms and one bathroom. Each has a historic fireplace, in-unit washer and dryer, and original hardwood floors. The property is in downtown Waterloo, within the Downtown TIF district and an opportunity zone, where incentives are available.
Key Highlights
- 9,344 SF building on 0.18 acres, built in 1903
- Three commercial units and three residential units
- One commercial unit is leased; two are ready for white‑boxing and re‑leasing
Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 26%
Hotels & Casinos 15%
Groceries 3%
Hardee's
Dining
6,419 visits/mo
0.3 miles
BP
Shops & Services
5,020 visits/mo
0.5 miles
Dollar General
Shops & Services
4,963 visits/mo
0.3 miles
Cenex
Shops & Services
2,650 visits/mo
0.2 miles
Best Western Plus Executive Residency Waterloo & Cedar Falls
Hotels & Casinos
2,624 visits/mo
0.3 miles
Demographics for 50703, IA
18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial spaces and three apartments combine income-producing uses in one downtown property.
Where is this mixed-use property located?
The property is located at 632 Sycamore Street Waterloo, IA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 9,344 SF building on 0.18 acres, built in 1903; Three commercial units and three residential units; One commercial unit is leased; two are ready for white‑boxing and re‑leasing
