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236 National Drive

Waterloo, IA 50701
  • $1,625,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 20263281
$1,625,000
  • 0
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1979
County:

School Ratings & Info

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.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. 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. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-09-06T23:41:44.737 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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236 National Drive Waterloo, IA 50701

  • Price: $1,625,000
  • Status: Active
  • On Site: 54 Days
  • MLS #: 20263281
0
Beds
0
Baths
0
½ Baths
0.68
Acres
1979
Built
County:
Black Hawk
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.
Exterior Features

Frontage Type City Street Roof Flat

Interior Features

Building Area Total 6074 Cooling Central Air Heating Forced Air Insulation RoofSide WallsParty Walls Total Available Square Footage 6074 Warehouse Square Footage 0

Property Features

Agent Owned YN No Available Office Square Footage 6074 Available Retail Square Footage 0 Building Description Free StandingSingle Tenant1 StoryBasement Building Location Neighborhood Buyer Financing Cash Convention Common Area No Existing Lease Type None Expense History Actual For Lease YN Yes For Sale Rent For Sale For Sale YN Yes Gross Income 0 Investment YN No Lease Per Month 0 Multi Tenant YN No Net Operating Income 0 Number Dock Doors 0 Number Drive In Doors 0 Number Rail Doors 0 Operating Expense 0 Possible Use Office Property Sub Type Office/Retail Sale Lease Includes LandBuilding Sewer Public Sewer Special Listing Conditions Normal Sale Sprinkler YN No Tax Annual Amount 22471.81 Tax Year 2025 Tiered Sliding No Zoning R-1C-Z



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. 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. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-09-06T23:41:44.737 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613