100 Park Ave Waterloo, IA 50703

This exceptional three-story office building, located at 100 E Park Ave in Waterloo, IA, presents a compelling investment opportunity. Boasting 52,398 square feet, the property features a striking three-story vaulted ceiling in the main retail/office area, offering a unique and impressive space. The second and third floors provide stunning views of the Cedar River and Riverloop Amphitheatre, complemented by a high-quality office environment. Built in 1976, this Class B building is situated on a 1.573-acre lot in Waterloo's Central Business District, providing convenient access to numerous dining, shopping, and community events. The property includes 105 parking spaces and is zoned C-3. With a gross lease type and multi-tenancy, the building offers a 5.01% cap rate and a pro-forma NOI of $90,161. The asking price is $1,800,000, translating to $43.89 per square foot. This is a rare chance to acquire a prominent, well-located commercial property in a thriving downtown area. The property's APN is 891325101011.