Jeremy Dittmer

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623 Broadway StreetWaterloo, IA 50703

Commercial · 3,492 Sq. ft. | 0.33 Acres
$499,900 ACTIVE

623 Broadway Street Overview

Time on Site:
21 days
Visits:
26

An exceptional, turn-key commercial opportunity awaits. Sale includes both the real estate and profitable, fully operational laundromat business. The well-maintained 3,492 square foot building features a bright, clean, and modern layout designed for maximum operational efficiency and customer comfort. Equipped with high-end, top-tier commercial washers and dryers and spacious folding stations, this business boasts a strong, established customer base and consistent revenue flow. Situated on a high-visibility corridor with convenient parking and prominent signage, the property ensures steady foot traffic and excellent brand exposure. This robust commercial property delivers immediate cash flow and substantial long-term value.

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623 Broadway Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,492
  • Price/Sq.ft. $143
  • Lot 0.33 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Listing Information

  • Buyer Financing: Cash Convention

Building Information

  • Year Built: 1987

Location/Region

  • County Or Parish: Black Hawk

Rent/Lease Information

  • Lease Term: N/A
  • Tenant Pays: N/A

Tax Information

  • Tax Annual Amount: 4961.46
  • Tax Assessed Value: 191480
  • Tax Year: 2026

General Information

  • Parcel Number: 891323203025
  • Possible Use: Retail
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Special Listing Conditions: Normal Sale
  • Zoning: C-2

Interior

Building Interior

  • Building Area Total: 3492

General Information

  • Cooling: Central Air
  • Heating: Forced Air

Exterior

Lot Information

  • Lot Size Acres: 0.33
  • Lot Size Square Feet: 14448

Building Exterior/Construction

  • Roof: Composition Shingle

General Information

  • Sewer: Public Sewer

623 Broadway Street Neighborhood

Community

50703 (Waterloo) Demographics

36
Median Age
200
Population Density (per sq. mile)
23%
College Educated
$33,701
Estimated Median Income
4,418
Estimated Total Home Owners
3,364
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

623 Broadway Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

623 Broadway Street Market Data

Based on the last 30 days in this zip code

$125,793
Average List Price
$2,129
Average Price per Square Foot
13
Properties Sold
101
Average Days on Market
58
Properties for Sale
Calculations provided by Reliance Network

623 Broadway Street History

Date Event Value Agent
6/8/2026Source: Northeast Iowa Regional MLS Added to Database
June 08, 2026
Listing provided courtesy of Fischels Commercial GroupNortheast Iowa Regional MLS- MLS# 20262556MLS Provider