501 W 4Th St Waterloo, IA 50701

This exceptional mixed-use investment property, located at 501-505 W 4th Street in Waterloo, Iowa, presents a unique opportunity. The building, constructed in 1913 and situated on a 16,800 square foot lot, boasts a total of 7,552 square feet of net rentable space. The property is zoned C-2 and comprises eight units in total. The main level features three versatile office/retail spaces, ideal for a variety of businesses. Above, five residential apartment units provide additional income streams. This multi-unit building offers significant potential for investors seeking a blend of commercial and residential income. The asking price is $269,900, translating to a price per square foot of $35.74. A key advantage is the ample off-street parking, providing convenient access for tenants and customers. The property's prominent location ensures excellent visibility, attracting potential tenants and maximizing rental income. This is a rare opportunity to acquire a well-positioned, income-generating property in a thriving downtown area. The building's history and character combine with modern functionality to create a truly unique investment prospect. Don't miss this chance to own a piece of Waterloo's vibrant commercial landscape.