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Property profile & analytics
OFF-MARKET
Turn key restaurants

301 4th St Waterloo, IA 50703-4703

3,150 SF 0.07 ac lot Built 1958
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0270310
Property summary
AI-generated overview

This exceptional 2,378 square foot retail space is situated on a prime corner lot in the heart of Downtown Waterloo, Iowa. Currently undergoing an exterior renovation, this property boasts an impressive architectural design, as showcased in the available photo reel depicting the completed exterior. The 0.06-acre lot ensures high visibility and accessibility for customers. The interior offers a spacious and adaptable layout, perfect for a variety of retail businesses. The location provides excellent exposure to significant foot traffic and vehicular traffic, ensuring maximum brand visibility. This is a truly unique opportunity to establish a thriving business in a vibrant downtown area. The property is offered at $2600, with estimated Net, Net, Net (NNN) expenses of $5.02 per square foot. This represents a compelling investment opportunity for entrepreneurs seeking a high-impact retail presence in a revitalized urban setting. The ongoing exterior improvements will further enhance the property's curb appeal and attract a wider customer base. Don't miss this chance to secure a prominent retail location in Waterloo's dynamic downtown core. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Construction CONCRETE BLOCKS
Total area 3,150 SF
Lot 0.07 ac (3,200 SF)
APN 8913-24-359-010
UPID US25-0270310
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • El Patron Family Mexican Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
FOUR EAST VILLAGE PROPERTIES LLC
FOUR EAST VILLAGE PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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