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About This Home
This 0-bedroom, 0-bathroom commercial at 435 W Parker Street in Waterloo, IA is listed for $125,000. Built in 1960, on a 0.22 acres lot.
Seize this rare chance to own a strategically positioned commercial property at the signalized corner of Ackerman and Parker in the heart of North Waterloo. Whether you're an investor seeking immediate income or an owner-occupier ready to plant your flag, this property delivers unmatched flexibility and long-term upside.
Situated on a generous corner lot with excellent traffic exposure, this 1,327 sq. ft. former dealership service station is move-in ready and packed with practical features - including a brand new roof, new road access, two 10x10 dock doors, a private office, bathroom, and climate-controlled interior.
The expansive parking area makes it accessible and highly functional for a wide range of business types. Currently generating $1,200/month on a month-to-month lease, the property offers instant cash flow with the added flexibility to occupy or re-tenant on your timeline. The versatile floor plan lends itself to service, retail, automotive, storage, light industrial, and beyond. High traffic counts. Corner visibility. Income in place. Properties like this don't last.
Key Features
- Built in 1960
- 0.22 acre lot
Property Details
Monthly Cost Estimate
$669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
435 W Parker Street
Waterloo, IA 50703
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 435 W Parker Street is listed at $125,000. The estimated monthly payment is $542 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.22 acre lot.
This property is listed by Jared Hottle and can be reached at 3192885382 or jared@hottlerealestate.com.
