404 E 4th Street, Waterloo, IA

$2,381,000

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0.65

Acres

About 404 E 4th Street

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.

Features of 404 E 4th Street

MLS® # 20262393
Price $2,381,000
Acres 0.65
Year Built 1920
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 404 E 4th Street
City Waterloo
County Black Hawk
State IA
Zip Code 50703

Lease Information

Price Type Gross
Lease Type Net

Additional Information

Date Listed May 28th, 2026
Days on Market 13
Zoning C-3
Total Building Sq. Ft. 17208.00
Gross Taxes $59,142

Listing Details

AgentPhillip Shirk
OfficeAWRE - Commercial & Development

Listing Map

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