# 435 W Parker Street, Waterloo, IA 50703

> **TL;DR:** commercial, $125,000, built 1960. Est. $542/mo. Listed 30 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $125,000 |
| Year Built | 1960 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 30 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $542 |
| **Total** | **$542** |

## Property Highlights

- Built in 1960
- 0.22 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 435 W Parker Street, Waterloo, IA 50703
- **County:** Black Hawk
- **Coordinates:** 42.51645, -92.344282
- **Google Maps:** https://www.google.com/maps?q=42.51645,-92.344282

## Listing Agent

- **Name:** Jared Hottle
- **Brokerage:** Berkshire Hathaway Home Services One Realty Centre
- **Phone:** 3192885382
- **Email:** jared@hottlerealestate.com

## Primary Photo

![435 W Parker Street - Primary Photo](http://lh.rdcpix.com/99d284fce3ddf3afb4c86121dde93e1el-f2815342812r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/435-w-parker-street-waterloo-ia-50703-20260961)*

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**MLS#:** 20260961 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/435-w-parker-street-waterloo-ia-50703-20260961)

---

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