359 Rock Island AveWaterloo, IA 50701

This exceptional commercial property, located at 359 Rock Island Ave in Waterloo, Iowa, presents a unique investment opportunity. The 13,804 square foot space is zoned M-1 and sits on a substantial 24,492 square foot lot, encompassing two buildings. One building is currently leased, offering immediate income potential. The property boasts a prime corner location at the intersection of Fletcher and Rock Island Avenues, providing excellent visibility and convenient access to Highway 218. The main building features an impressive showroom, complete with a client waiting area and restrooms, along with ample office space and substantial storage. Three overhead doors facilitate easy loading and unloading, while a fully fenced lot enhances security. Built in 2010, this property is offered at $799,000, representing a price per square foot of $57.88. The property includes Parcel # 8913-22-403-011. This versatile space is ideal for a variety of retail and automotive uses, making it an attractive investment for discerning buyers. Detailed leasing information is available upon request. This is a gross lease property with multi-tenancy.