563-568-4170
Since 1960
$575,000.00
632 Sycamore St, Waterloo, IA 50703
Welcome to the Gasser Building! Offering a unique blend of commercial and residential opportunities. This 9,344 SF building sits on .18 acres in the heart of downtown Waterloo. The building features (3) commercial units and (3) residential units. The commercial suites are roughly (+/-) 1,500 SF featuring historical touches throughout. One unit is currently leased and two units are ready to be white-boxed and re-leased. The three residential units include a mix of floorplans: Two units with (2) bedrooms and (2) bathrooms, and one unit with (2) bedrooms and (1) bathroom. Each unit features a beautiful historic fireplace, an in-unit washer and dryer, and original hardwood flooring throughout. The building’s central location provides easy access to local amenities, making it an ideal spot for tenants seeking visibility, foot traffic, and proximity to a surplus of retailers and restaurants. The property is located in the Downtown TIF district and opportunity zone with incentives available. With its rich history and modern upgrades, the Gasser Building presents a rare opportunity for a viable restoration project for the commercial units, and cash-flow on the residential units.
MLS ID #:
NBR20251283
Property Address:
632 Sycamore St
Waterloo, IA 50703
Waterloo, IA 50703
County:
Black Hawk
Year Built:
1903
Property Type:
Commercial Sale
Sub-Type:
Office/Retail
Date Listed:
March 31st, 2025
Status:
Active
Price:
$575,000.00
Gross Taxes:
$6,286.98
Tax Year:
2023
Multi-Tenant:
Yes
Sale/Rent:
For Sale
For Lease:
No
Sale/Lease Type:
Normal Sale
For Sale:
Yes
Zoning:
C
Legal Desc:
ORIGINAL PLAT WATERLOO EAST SE 64 2/3 FT LOTS 1 & 4 BLK 3
Off-Street Parking:
0.00
Sprinkler:
Yes
Total Building Sq Ft:
9,344 sq ft
Retail SqFt:
4,672 sq ft
Lot Sq Footage:
7,800
Acres:
0.18
Common Area:
Yes
Listing provided courtesy of AWRE - Commercial & Development.Listing Agent: Lindsey McEnaney
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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