700 Jefferson St Waterloo, IA 50701
This exceptional 900-square-foot retail storefront, situated on the highly visible corner of Jefferson and 5th Streets in Waterloo's Central Business District, presents a fantastic opportunity. Recently renovated, the space boasts an abundance of natural light thanks to large storefront windows on two sides. High ceilings and modern LED lighting create a bright and inviting atmosphere. The property features a single bathroom and is ready for immediate occupancy. The zoning is C-3, allowing for a variety of commercial uses. The property is a single-tenant space, offering a streamlined and efficient layout. The assessed parcel number (APN) is 89132628001. Estimated average monthly utilities, encompassing electricity, gas, water, sewer, and garbage disposal, total approximately $155. This property is offered under a gross lease agreement and benefits from professional property management. Its prime location and recent renovations make this an ideal space for a variety of businesses seeking a high-visibility presence in Waterloo's thriving downtown area. The property type is classified as Retail and Office, with a subtype of Traditional Office.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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