
501 Sycamore St | Waterloo, IA 50703
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501 Sycamore St
Waterloo, IA 50703
The Black's Building · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Current Building Mix: 7 Residential Units, plus 150,129 SF of Commercial Spaces
- Possibility of Tax Increment Financing (TIF)
- New market tax credits
- Redevelopment opportunity with development incentives available
- Infill housing grant
- Opportunity zone
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
199,074 SF
Building Class
B
Year Built
1913
Price
$4,000,000
Price Per SF
$20.09
Percent Leased
100%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
22,119 SF
Building FAR
6.26
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
C-3 - Commercial
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Conferencing Facility
- Food Service
- Property Manager on Site
- Restaurant
- Security System
- Waterfront
- Skyway
- Kitchen
- Storage Space
- High Ceilings
- Natural Light
- Reception
- Recessed Lighting
- Secure Storage
- Wi-Fi
- Hardwood Floors
- Air Conditioning
PROPERTY TAXES
Parcel Number | 8913-24-361-010 | Improvements Assessment | $4,270,400 |
Land Assessment | $183,500 | Total Assessment | $4,453,900 |
PROPERTY TAXES
Parcel Number
8913-24-361-010
Land Assessment
$183,500
Improvements Assessment
$4,270,400
Total Assessment
$4,453,900
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