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Property profile

700 Jefferson St Waterloo, IA 50701

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

700 Jefferson St Waterloo, IA 50701
Waterloo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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