501-505 W 4th Street, Waterloo, IA

$249,900

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7,552

Square feet

0.39

Acres

About 501-505 W 4th Street

This multi-unit, mixed-use investment opportunity features a versatile income stream with three main-level office or retail suites and five residential apartments on the second level. The property is strategically positioned for maximum exposure, offering high visibility and the rare convenience of a large, private off-street parking area for both tenants and clients. Adding to the flexibility of this asset, all residential leases are currently on a month-to-month basis, providing an ideal scenario for an investor looking to adjust to market rents or transition the units. With a solid foundation of commercial and residential synergy, this property is a standout for those seeking a diversified portfolio. Furthermore, the seller is open to considering a sale on contract, depending on the strength of the proposed terms.

Features of 501-505 W 4th Street

MLS® # 20260101
Price $249,900
Square Footage 7,552
Acres 0.39
Year Built 1913
Type Commercial Sale
Sub-Type Office/Retail
Status Active

Community Information

Address 501-505 W 4th Street
City Waterloo
County Black Hawk
State IA
Zip Code 50701

Amenities

Utilities Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
Is Waterfront No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No

Exterior

Exterior Brick,Glass
Roof Flat
Construction Brick

Additional Information

Date Listed January 5th, 2026
Days on Market 102
Zoning C-2
Short Sale No
RE / Bank Owned No

Listing Details

AgentChris Fischels
OfficeFischels Commercial Group

Listing Map

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