For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Charitable Organization Social Service Agency
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Charitable Organization Social Service Agency
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Charitable Organization Social Service Agency
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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