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305 East San Marnan Drive 305 E San Marnan Dr 6,408 SF Office Building Waterloo, IA 50702 $450,000 ($70.22/SF)
INVESTMENT HIGHLIGHTS
- Offering strong visibility from San Marnan Drive
- Close proximity and easy access to HWY 20.
EXECUTIVE SUMMARY
Situated just off the well-traveled San Marnan Drive, this thoughtfully designed medical office space offers both functionality and flexibility in a highly sought-after location. The main floor welcomes patients and staff with a spacious reception and waiting area, leading into six exam rooms, lab, and a centralized nurses’ station. The layout is optimized for efficiency and comfort, making it ideal for a variety of healthcare providers or wellness professionals. What sets this property apart is the walk-out lower level, which presents a unique opportunity for additional income or expansion. Whether it's built out for additional office suites, converted into a private garage, or used for storage, this flexible space adds significant value to the property. With excellent visibility, convenient parking, and close proximity to shopping, dining, and other medical services, this location is perfectly positioned to support both new and growing practices. Whether you’re an established provider looking to expand or a new practice seeking a turnkey space, this property combines location, layout, and potential in one exceptional package.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,408 SF
Building Class
C
Year Built
1990
Price
$450,000
Price Per SF
$70.22
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,204 SF
Building FAR
0.39
Lot Size
0.38 AC
Zoning
C-1, C-Z
Parking
23 Spaces (3.59 Spaces per 1,000 SF Leased)
AMENITIES
- Wheelchair Accessible
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PROPERTY TAXES
| Parcel Number | 8813-03-329-019 | Improvements Assessment | $393,300 |
| Land Assessment | $116,840 | Total Assessment | $510,140 |
PROPERTY TAXES
Parcel Number
8813-03-329-019
Land Assessment
$116,840
Improvements Assessment
$393,300
Total Assessment
$510,140
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305 East San Marnan Drive | 305 E San Marnan Dr
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