306 W 11Th St Waterloo, IA 50702
For Sale
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This exceptional 2,380 square foot industrial service building is situated on a 0.36-acre lot at 306 W 11th Street in Waterloo, IA, just one block from Highway 218. The property offers four generously sized bays, perfectly designed for optimal efficiency and workflow. The functional layout includes a well-appointed office area and a comfortable waiting room, creating a professional and welcoming environment for clients and employees. Two convenient lifts ensure easy access to different levels within the building, streamlining operations. A significant advantage is the inclusion of a powerful, on-site air compressor, a valuable asset for various service-related applications. Ample parking is available, providing convenient access for customers and staff. The strategic location, combined with the building's modern features and functional design, makes this property an ideal choice for a variety of service-oriented businesses. The asking price for this turnkey operation is $429,000. This represents a significant opportunity to acquire a well-maintained and highly functional industrial space in a desirable location. The property is ready for immediate occupancy and offers a strong return on investment. Contact us today to schedule a viewing and explore the potential of this exceptional property.
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Cedar Valley Auto Detailing (CVAD) Car Wash
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Integra Repair Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.