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    614 Mulberry St Waterloo, IA 50703

    For Lease
    $18 SF/Yr ($18,380 /Mo)

    Newly Renovated Office/Retail Suite - 718 SF

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 718-square-foot retail or office space is located in the heart of Downtown Waterloo, Iowa, at 614 Mulberry Street, Suite B. Situated on a 0.1-acre lot, this property offers a prime location just off the corner of E. 4th Street and Mulberry Street, providing excellent visibility and accessibility. The building, constructed in 1910 and boasting three stories, has undergone recent renovations, resulting in a modern and attractive space. Features include fresh paint, energy-efficient LED lighting, beautifully preserved hardwood floors, and high ceilings, creating a bright and inviting atmosphere. A single restroom is conveniently located within the suite. The open floor plan offers remarkable flexibility, making it suitable for a variety of retail or office uses. The property is part of a larger building totaling 12,000 square feet, divided into two suites. Currently, 718 square feet are available for lease. The property is zoned C-3, and its convenient location places it adjacent to Lincoln Park, and in close proximity to Waterloo City Hall and the Black Hawk County Courthouse. Estimated average monthly utilities (electric, gas, water, sewer, and garbage) are $101. The property's APN is 891324362024, and it's located in Black Hawk County. This is a rare opportunity to secure a beautifully renovated space in a highly desirable downtown location.

    Property Features for 614 Mulberry St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Total Rate
    18380

    Building Details

    Year Built
    1910
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite B
    Size
    718 SF
    Rate per SF
    $18

    HighLights

    • Retail property totaling 12,000 square feet.
    • Two suites available in a multi‑tenant building.
    • 718 square feet of vacant space currently available.
    • Situated on a 0.1‑acre lot.
    • Built in 1910, three‑story building.
    • Located at 614 Mulberry Street, Suite B, Waterloo, near E. 4th Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    arms hairstyling centre Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.333456473335
    Latitude
    42.499419685005

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    FAQs

    What type of property is this?
    Retail property - Newly Renovated Office/Retail Suite - 718 SF
    Where is this retail property located?
    The property is located at 614 Mulberry St Waterloo, IA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 12,000 square feet.; Two suites available in a multi-tenant building.; 718 square feet of vacant space currently available.
    Request Owner's contact information
    614 Mulberry St Waterloo, IA 50703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    614 Mulberry St Waterloo, IA 50703
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