- 17,208
- sqft
- 1920
- year built
- Status:
- ACTIVE
- MLS #:
- 20262393
- County:
- Black Hawk
- Listed By:
- Phillip Shirk - AWRE - Commercial & Development
- Agent Phone:
- (319) 239-4446
- Agent Email:
- phillip@amywienands.com
Sponsoring Broker: Kim Bakey, Iowa Realty
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.
Highlights
- Commercial Sale
- Office
- Built in 1920
- 0.65 Acre Lot
- 160 days on Market
-
- Year Built
- 1920
-
- Acres
- 0.65
-
- County
- Black Hawk
-
- City
- Waterloo
-
- Zip Code
- 50703
-
Nearby Schools
-
72out of 100
-
51out of 100
-
55out of 100
-
53out of 100
-
53out of 100
-
54out of 100
-
53out of 100
-
55out of 100
-
67out of 100
-
70out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Estimated Value
$1,227,555
$982,044 - $1,473,066
Source: Constellation Data Labs
Price History
| 06/01/2026 | Listed | $2,381,000 |
| Source: Northeast Iowa Regional Board of REALTORS #20262393 | ||
Source: MLS Data
Deed History
| 12/04/2007 | Warranty Deed | $650,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 01/12/2015 | Unknown | $1,010,000 |
| 12/04/2007 | Credit Line (Revolving) / HELOC | $520,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 404 E 4th St?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 404 E 4th St.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 404 E 4th St?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,381,000. We can talk through recent upgrades, potential seller motivation, how this office compares to others in Waterloo, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 404 E 4th St?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 404 E 4th St at around $18,478. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 404 E 4th St?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Black Hawk County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 404 E 4th St?
In most cases, yes. Whether 404 E 4th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Waterloo's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 404 E 4th St?
We can handle that for you. Our preferred local agent specializes in commercial sales in Waterloo and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $2,381,000 with 17,208 sqft of space—that comes out to approximately $138 per square foot.
How long has this property been on the market?
404 E 4th St was listed on June 01, 2026, which means it's been on the market for 160 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1920, making it approximately 106 years old.
What is the lot size of this property?
404 E 4th St sits on a 0.65-acre lot, which is 28,314 square feet.
What are the property taxes for 404 E 4th St?
The most recent public record shows annual property taxes for 404 E 4th St were approximately $59,142. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 404 E 4th St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information submitted to the MLS GRID as of November 08, 2026 at 11:25PM All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.