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Position your business in the heart of Waterloo with this highly visible commercial property located at 234 E. Third Street. Currently operating as Creative Touch Cosmetology School, this approximately 4,400-square-foot building offers a versatile floor plan that can accommodate a wide variety of professional, educational, medical, office, retail, service, or specialty business uses. The property features multiple private offices, classrooms, training rooms, reception areas, storage spaces, restrooms, and flexible open work areas, making it ideal for an owner-user or investor seeking a move-in-ready commercial space. A standout feature is the generous onsite parking, offering approximately 26 parking spaces, including 2 ADA-compliant handicap spaces, providing convenience for employees, customers, students, and visitors alike. The functional layout allows for multiple operational configurations and future adaptability as business needs evolve. Located in Waterloo's established business district, the property benefits from excellent accessibility, strong local demographics, and proximity to downtown amenities, government offices, restaurants, and retail destinations. Creative Touch Cosmetology School has successfully operated from this location for years, demonstrating the property's suitability for educational and service-oriented businesses. Whether you're expanding, relocating, investing, or launching a new venture, this well-maintained commercial property offers the space, parking, and location to support long-term success. Schedule your private tour today and explore the possibilities

  • Stories
    1.0
  • Construction Materials
    Stucco, Stone Veneer, See Remarks

  • Acres
    0.75

  • County
    Monroe
  • City
    Waterloo
  • Neighborhood
    E Outlots Sec
  • Zip Code
    62298

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Frequently Asked Questions

How do I schedule a tour of 234 E 3rd 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 234 E 3rd 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 234 E 3rd St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $700,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Waterloo, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 234 E 3rd St?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 234 E 3rd St at around $4,750. 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 234 E 3rd 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 Monroe 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 234 E 3rd St?

In most cases, yes. Whether 234 E 3rd 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 234 E 3rd 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.

How long has this property been on the market?

234 E 3rd St was listed on August 17, 2026, which means it's been on the market for 81 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

234 E 3rd St sits on a 0.75-acre lot, which is 32,670 square feet.

What are the property taxes for 234 E 3rd St?

The most recent public record shows annual property taxes for 234 E 3rd St were approximately $11,452. 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 234 E 3rd St still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 06, 2026 at 07:07PM. 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.

Source: MARIS MLS | MLS#: 26052705