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2920 Texas St

4,740 SF Industrial Building Waterloo, IA 50702 £540,477 (£114/SF)

Investment Highlights

  • Situated on a high-visibility corner with an estimated daily traffic count of over 34,000 vehicles (DOT).
  • The exterior of the property boasts significant parking space, accommodating customers, employees, or delivery vehicles with ease.

Executive Summary

This versatile commercial property offers a prime opportunity for businesses seeking a high-traffic location with exceptional visibility. The building features two spacious offices, providing an ideal setup for administrative work or client meetings. At the heart of the property is a large workshop, measuring an impressive 77' by 34', which offers endless possibilities for industrial, mechanical, or production-related activities. In addition to the workshop, there is a smaller room that could serve as storage or extra workspace, along with a conveniently located bathroom. The large paved lot also allows room for larger trucks, making it highly practical for businesses requiring regular shipments or deliveries. The front of the building is equipped with two sizable garage doors, further emphasizing the property's suitability for automotive, equipment-based, or other industrial businesses. With its flexible layout and strategic location, this property is perfect for businesses looking to establish or expand their presence in a prominent and easily accessible area.

Property Facts

Price £540,477
Price Per SF £114
Sale Type Owner User
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.69 AC
Rentable Building Area 4,740 SF
Number of Floors 1
Year Built 1993
Tenancy Single
Parking Ratio 1.9/1,000 SF
Level Access Doors 2

Utilities

  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 8913-36-479-013
  • 8913-36-479-014
Land Assessment
£33,290
Improvements Assessment
£162,323
Total Assessment
£195,614

zoning

Zoning Code M1 (light industrial)
M1 (light industrial)
  • Listing ID: 33644225

  • Date on Market: 25/10/2024

  • Last Updated:

  • Address: 2920 Texas St, Waterloo, IA 50702

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