Log In/Sign Up
Your email has been sent.
Visual Logic 402-404 E 4th St 17,576 SF Office Building Waterloo, IA 50703 $2,381,000 ($135.47/SF)
Executive Summary
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.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
17,576 SF
Building Class
B
Year Built
1920
Price
$2,381,000
Price Per SF
$135.47
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,788 SF
Building FAR
0.62
Lot Size
0.65 AC
Opportunity Zone
Yes
Zoning
C
Parking
60 Spaces (3.41 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 8913-24-360-017 | Improvements Assessment | $1,345,810 |
| Land Assessment | $163,000 | Total Assessment | $1,508,810 |
Property Taxes
Parcel Number
8913-24-360-017
Land Assessment
$163,000
Improvements Assessment
$1,345,810
Total Assessment
$1,508,810
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
