404 E 4th StreetWaterloo, IA 50703

Commercial · 17,208 Sq. ft. | 0.65 Acres
$2,381,000 ACTIVE

404 E 4th Street Overview

Time on Site:
29 days
Visits:
13

A premier downtown investment opportunity, this 17,208 SF Class A office building offers a rare combination of quality, stability, and long-term value. Fully occupied by two established tenants, the property provides immediate cash flow and meticulously renovated asset. Positioned in the heart of Downtown Waterloo, the building features premium finishes throughout, distinctive architecture, and a commanding presence within the city's business district. Situated on approximately 0.65 acres, the property includes more than 50 on-site parking stalls, secure vault space, and modern building systems designed to accommodate a variety of professional office users. Surrounded by government offices, restaurants, entertainment, and other downtown amenities, the property benefits from exceptional visibility, accessibility, and a desirable location. This is a rare opportunity to acquire a fully leased, turnkey investment asset in one of Waterloo's most recognizable office buildings.

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404 E 4th Street Facts & Features

  • Type Commercial
  • Sq. ft. 17,208
  • Price/Sq.ft. $138
  • Lot 0.65 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1920

Location/Region

  • County Or Parish: Black Hawk

Tax Information

  • Tax Annual Amount: 59142.2
  • Tax Assessed Value: 1508810
  • Tax Year: 2024

General Information

  • Parcel Number: 891324360017
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Special Listing Conditions: Investment Sale
  • Zoning: C-3

Interior

Parking Information

  • Garage: false

Building Interior

  • Building Area Total: 17208

Exterior

Lot Information

  • Lot Size Acres: 0.65
  • Lot Size Square Feet: 28401

404 E 4th Street Neighborhood

Community

50703 (WATERLOO) Demographics

36
Median Age
200
Population Density (per sq. mile)
23%
College Educated
$33,701
Estimated Median Income
4,418
Estimated Total Home Owners
3,364
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

404 E 4th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

404 E 4th Street Market Data

Based on the last 30 days in this zip code

$125,793
Average List Price
$2,129
Average Price per Square Foot
13
Properties Sold
101
Average Days on Market
58
Properties for Sale
Calculations provided by Reliance Network

404 E 4th Street History

Date Event Value Agent
6/1/2026Source: Northeast Iowa Regional MLS Added to Database
June 01, 2026
Listing provided courtesy of AWRE - Commercial & DevelopmentNortheast Iowa Regional MLS- MLS# 20262393MLS Provider