2530 University Ave, Waterloo, IA 50701
- Office buildings
- 25,439 SF
- 1.94 lot acres
Current Use by Public Records
- Alzheimer's Association / Charitable Organization / Social Service Agency
- Waterloo Red Cross Blood and Platelet Donation Center / Charitable Organization / Social Service Agency
- Junior League of Waterloo-Cedar Falls / Charitable Organization / Social Service Agency
- Community Services Building / Charitable Organization / Social Service Agency
Property Details for 2530 University Ave
- Year built
- 1959
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.94 lot acres
- Property type
- Office buildings
- APN
- 8913-28-227-040
- APU
- 891328227040
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 2, 2020 | $19,000 | Bowlers Group LLC | Community Services Building INC | Warranty Deed | — |
Description
This 25,439 square foot, multi-tenant office building, located at 2530 University Ave, Waterloo, IA 50701, presents a unique leasing opportunity. Built in 1959 and situated on 2.62 acres, this C-2 zoned property (APN 891328227036) offers a 4,763 square foot suite currently available. The building is conveniently located in the University Avenue corridor, adjacent to New Maple Lanes. The available suite includes private offices, a meeting room, restroom, and reception area. Building amenities include shared boardroom, training rooms, secure storage, daily janitorial service, and an on-site property manager. This property is specifically designed for qualifying 501(c)(3) organizations, resulting in a highly favorable full-service lease rate of $8.00 per square foot. Tenant is responsible for suite janitorial services, internet, and phone. A total of 772 square feet is currently vacant within the building. This is an exceptional opportunity for a non-profit seeking a well-maintained and amenity-rich office space in a desirable Waterloo location. Contact us today to schedule a viewing.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,047,000
- AI Estimate
- $1,177,000
Market price range: $862k - $2.54MMarket price range: $1.15M - $3.19M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,695,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.379
- Latitude
- 42.497
- CBSA code
- 47940
- CBSA name
- WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA
