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Listed by Emsad Begic • Vine Valley Real Estate
$395,000
Est. payment /mo
0.38 Acres Lot
Active
305 E San Marnan DR Waterloo, IA 50702
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Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20264204
Year Built 1990
Annual Tax Amount $17,914
Tax Year 2025
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Office/Retail
Property Description
Turnkey medical office building, vacant and available for immediate occupancy. Built in 1990 with a durable brick exterior, the main level offers a fully built-out clinical layout: reception/waiting area, six exam rooms, a lab, and a nurses' station, with plumbing and electrical already in place to save a buyer significant build-out cost and time. A walk-out lower level adds flexible expansion space; additional suites, a complementary practice, with potential to lease a portion for added income. Situated on 0.38 acres with visibility along San Marnan Drive, the property sits on a corridor that just completed a full public road reconstruction in December 2025, bringing fresh pavement and renewed access near Highway 20. Zoned C-1/C-Z. Well suited for medical, dental, veterinary, chiropractic, or specialty-practice owner-users ready to move in now, as well as investors targeting value-add income potential. Priced below comparable Waterloo medical office space / assessed value. Some photos have been virtually enhanced / staged.
Location
State IA
County Black Hawk
Zoning C-1; C-Z
Interior
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Structure Type Brick
Others
Ownership Individual
Acceptable Financing NBR20264204
Listing Terms NBR20264204
Special Listing Condition Normal Sale
NEARBY SCHOOL & BUSINESS
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