236 National Drive, Waterloo, IA 50701

$1,625,000

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List Price
$1,625,000
MLS#
20263281
Status
ACTIVE
Type
Commercial
Subtype
Commercial Sale
Year Built
1979
Acres
0.68
County
Black Hawk
City
Waterloo

Property Description

Discover an exceptional investment or future owner-user opportunity with this recently updated, free-standing, single-tenant medical office building. Offering a highly functional 4,820 sq. ft. main level complemented by an additional 1,254 sq. ft. basement (totaling 6,074 sq. ft.), this turn-key property is perfectly optimized for high-volume clinical care or professional administrative use. Positioned in a highly convenient corridor, the property boasts excellent signage and a large, dedicated parking lot that ensures hassle-free access for both staff and patients. With the added benefit of being fully leased through May 2027, this commercial asset delivers immediate, stable rental income from day one, making it a seamless, low-maintenance addition to your portfolio or the perfect long-term home for your practice.

Additional Information

Unexempt Taxes
$22,626
Lot Size
29,795
Roof
Flat

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Calculator source: Real Geeks

Listing courtesy of Fischels Commercial Group.