820 N Wayne St, Waterloo, IN 46793

Multi-Use Investment Opportunity in the Heart of Waterloo! Two parcels, endless potential! This unique multi-use property sits on the main stretch of town and offers a rare blend of commercial visibility and residential income. The first parcel is commercially zoned and includes a versatile outbuilding previously used for business with 200 amp service—ready to be reimagined for your next venture. The second parcel is residential, featuring both a main home (100amp service and city water and a smaller secondary home (100 amp service/ well water), each currently tenant-occupied on month-to-month leases with renters who would love to stay. While the property could use some updates, it’s already income-producing and brimming with opportunity—perfect for the investor, entrepreneur, or live-work dreamer. Priced to sell at just $129,900 — all offers will be considered! Prime location on Waterloo’s main drag, high visibility, and strong potential for future growth. Seize your chance to own a piece of Waterloo’s main corridor and turn potential into profit!