$595,000.00

950 Sheerer AveWaterloo, IA 50701

  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
  • 950 Sheerer Ave, Waterloo, IA
Welcome to 950 Sheerer Ave., an exceptional opportunity in Waterloo, IA. This 6,300 sq. ft. freestanding building is currently operating as a thriving indoor softball and baseball training facility, but the possibilities for your business are endless! With a spacious, open layout free of interior poles, this versatile building is ready to accommodate a wide range of ventures. The current lease runs from October 1st to May 31st, providing a unique chance to rent out the space during the summer months (June 1st to September 30th) and generate additional income. The city-owned land surrounding the building presents potential for expansion, offering room to grow the space—pending negotiations with the city. Recently upgraded in 2023, the property boasts a large, newly paved asphalt parking lot with ample spaces to accommodate visitors. Inside, you'll find a welcoming front lobby, separate men's and women's restrooms, and an upstairs mezzanine that offers excellent views of the training area or could be utilized for additional storage. The building also includes two sheds (12x18 and 8x12) for even more storage options. This building is an ideal choice for a variety of businesses, whether you're looking to run your own training program or expand into something new. If you're interested in taking over the existing, well-established softball/baseball program—active for over 8 years and growing annually—this is a unique opportunity to step into a proven, successful operation. The current program comes fully equipped with everything you need to hit the ground running. This is an extraordinary chance to take a growing business to the next level, or simply make this prime location your own. The sky’s the limit for 950 Sheerer Ave.!
MLS ID #:
NBR20250713

Property Address:
950 Sheerer Ave
Waterloo, IA 50701

County:
Black Hawk

Region:
Waterloo South 10

Location:
Neighborhood

Year Built:
1974

Property Type:
Commercial Sale

Sub-Type:
Office/Industrial

Subdivision Name:
Side Walls

Land Use:
Office, Retail, Light Industrial, Other

Building Description:
Free Standing, Single Tenant

Date Listed:
February 23rd, 2025

Status:
Active

Price:
$595,000.00

Ownership:
LL Corp

Possession:
Specific, Subject To Tenant Rights

Gross Taxes:
$7,015.00

Tax Year:
2023

Tax Incentives:
In City Limit

Gross Income:
$59,045.00

Net Op Income:
$48,820.00

Operating Expense:
$10,225.00

Tenant Responsible:
None

Finance Type:
Cash Convention, At Closing, Subject to Tenants Rights

Sale/Rent:
For Sale

For Lease:
No

Terms/Lease:
Yearly Renewal

Sale/Lease Type:
Normal Sale

For Sale:
Yes

Docs on File:
Legal Description

Zoning:
C

Legal Desc:
LITTLEFIELD ADDITION LOT 17 EXC N 27.7 FT OF E 127.3 FT THERE OF (SEE ABSTRACT FOR COMPLETE LEGAL DESCRIPTION

Off-Street Parking:
0.00

Sprinkler:
No

Total Building Sq Ft:
6,300 sq ft

Warehouse SqFt:
6,300 sq ft

Office SqFt:
336 sq ft

Retail SqFt:
6,300 sq ft

Lot Sq Footage:
29,098

Acres:
0.67

Frontage/Access:
Corner Lot, City Street, Paved 2Lane

Construction:
Steel/ST Fram

Roof Type:
Metal, Sloped

Floor Construction:
Concrete

Insulation:
Side Walls

Common Area:
Yes

Utilities Available:
Electricity Available, Gas, Water Available, Sewer Available

Sewer Type:
City Sewer

Heating:
Radiant

Cooling:
Office Only

Realtor/Equal Housing Lender Listing provided courtesy of Berkshire Hathaway Home Services One Realty Centre.
Listing Agent: Jason Strelow
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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  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701
  • 950 Sheerer Ave, Waterloo, IA 50701