236 National Drive, Waterloo, IA

$1,625,000

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6,074

Square feet

0.68

Acres

About 236 National Drive

Discover an exceptional investment or future owner-user opportunity with this recently updated, free-standing, single-tenant medical office building. Offering a highly functional 4,820 sq. ft. main level complemented by an additional 1,254 sq. ft. basement (totaling 6,074 sq. ft.), this turn-key property is perfectly optimized for high-volume clinical care or professional administrative use. Positioned in a highly convenient corridor, the property boasts excellent signage and a large, dedicated parking lot that ensures hassle-free access for both staff and patients. With the added benefit of being fully leased through May 2027, this commercial asset delivers immediate, stable rental income from day one, making it a seamless, low-maintenance addition to your portfolio or the perfect long-term home for your practice.

Features of 236 National Drive

MLS® # 20263281
Price $1,625,000
Square Footage 6,074
Acres 0.68
Year Built 1979
Type Commercial Sale
Sub-Type Office/Retail
Status Active

Community Information

Address 236 National Drive
City Waterloo
County Black Hawk
State IA
Zip Code 50701

Amenities

Is Waterfront No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Exterior Brick
Roof Flat

Additional Information

Date Listed July 13th, 2026
Days on Market 4
Zoning R-1, C-Z
Short Sale No
RE / Bank Owned No

Listing Details

AgentChris Fischels
OfficeFischels Commercial Group

Listing Map

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