For Sale
$4,000,000

501 Sycamore St Waterloo, IA 50703

Iconic 8-story office, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
130
This magnificent eight-story, 199,074 square foot Beaux-Arts style office building, located at 501 Sycamore St, Waterloo, IA 50703, presents a unique investment opportunity. Built in 1913, this landmark structure boasts a rich history as the tallest building in Iowa at the time, originally housing Black's Department Store. The building offers 1,353 square feet of net rentable space, with an asking price of $4,000,000, translating to $20.09 per square foot. Its prominent position within Black Hawk County ensures high visibility and accessibility. The building's architectural significance and historical context provide a compelling investment proposition, offering potential for adaptive reuse or continued operation as a prestigious office space. This is a chance to acquire a piece of Waterloo's heritage and capitalize on its enduring appeal. The property's substantial size and prime location in the heart of Waterloo offer significant potential for future development and growth. This is a rare opportunity to own a piece of Iowa history.

Highlights

  • $4,000,000 asking price.
  • Traditional office building.
  • 199,074 total square feet, 1,353 net rentable square feet.
  • $20.09 price per square foot.
  • 1913 construction, 8 stories, 1 building.

Property Details for 501 Sycamore St

Property type
Office properties
Square Feet
199,074 SF
Year Built
1913
Buildings
1
Stories
8

Location Insight

City
Waterloo
County
Black Hawk
State
Iowa
Latitude
42.4986466
Longitude
-92.3362615
501 Sycamore St, Waterloo, Iowa

FAQs

What type of property is this?
Office property - Iconic 8-story office, prime location.
Where is the office property located?
The property is located at 501 Sycamore St Waterloo, IA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: $4,000,000 asking price.; Traditional office building.; 199,074 total square feet, 1,353 net rentable square feet.
How can I contact the broker?
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501 Sycamore St
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