701 Franklin St Street, Waterloo, IA 50703

$295,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$295,000
Price Change
▼ $55,000 1776373014
MLS#
20254202
Status
ACTIVE
Type
Commercial
Subtype
Commercial Sale
Year Built
1959
Acres
0.86
County
Black Hawk
City
Waterloo

Property Description

Positioned at a high-visibility intersection with an impressive 13,220 Average Daily Traffic Count (ADT), 701 Franklin Street offers a rare opportunity in Waterloo’s Central Business District. This versatile commercial space features a large sales floor/lobby, two private offices, and one bathroom, making it ideal for a variety of uses including automotive, retail, restaurant, or service-based businesses. The property includes an auto mechanic shop with two overhead doors (13’ x 10’), ideal for vehicle access or deliveries. Situated on three parcels with a large parking field, it provides ample space for customers and operations alike. Surrounded by key landmarks like Waterloo City Hall, the Black Hawk County Courthouse, and East High School, this location combines visibility, functionality, and central convenience.

Additional Information

Unexempt Taxes
$5,436
Lot Size
37,331

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Miehe Commercial Real Estate.