1225 W Ridgeway Ave, Waterloo, IA 50701

1225 W Ridgeway Ave, Waterloo, IA 50701
MLS ID #:
20165054

Property Address:
1225 W Ridgeway Ave
Waterloo, IA 50701

County:
Black Hawk

Region:
Waterloo South 6

Area:
Waterloo

Location:
Neighborhood, Suburban

Miles to Airport:
6

Miles to Highway:
1

Miles to Highway:
US 20 and US 63

Year Built:
1974

Property Type:
Commercial

Sub-Type:
Office

Building Description:
Free Standing, 1 Story

Date Listed:
August 24th, 2016

Status:
Active

Price:
$750,000.00

Ownership:
Lim Partnership

Possession:
Immediate, Negotiable

Gross Taxes:
17640.04

Tax Year:
2015

Tax Incentives:
In City Limit

Net Op Income:
$48,000.00 Projected

Tenant Pays:
All

Possible Financing:
Cash Convention

Sale/Rent:
For Sale

For Lease:
Yes

Terms/Lease:
5 Years

Options:
Exchange

Lease Type:
Net

Sale/Lease Type:
Normal Sale

Lease $/Month:
$4,000.00

Lease $/SqFt:
$12.88

For Sale:
Yes

Avail at List Office:
Legal Description, Traffic Counts, Demographics

Zoning:
C-Z

Potential Use:
Office, Retail

Restrict/Easements:
Unknown

Legal Desc:
As per abstract.

Amenities:
Cable, Fiber Optics

Included:
Land, Building

Total Avail Sq Ft:
3,726 sq ft

Total Building Sq Ft:
3,726 sq ft

Office SqFt:
3,726 sq ft

Retail SqFt:
3,726 sq ft

Lot Sq Footage:
37,897

Acres:
0.8700

Frontage/Access:
Corner Lot, Paved 4 Lane

Exterior:
Brick, Glass

Roof Construction:
Metal

Wall Construction:
Frame, Brick, Block

Floor Construction:
Wood, Tile/Vinyl, Carpeted, Concrete

Utilities Available:
Electric, Gas, Water, Sewer, Fiber Optics

Sewer Type:
City Sewer

Heating:
Forced Air, Gas

Cooling:
Central

Remarks: Quality location at the signalized corner of Ansborough and Ridgeway in south Waterloo. The building features 5 private offices, teller area, large lobby/administration area, vault and break room. Previously a retail bank branch but is adaptable to retail, restaurant, professional or medical office users, etc..
Realtor/Equal Housing Lender Listing provided courtesy of Sulentic-Fischels Commercial Group.
Listing Agent: Matt Miehe, CCIM
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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