Bought with MEMBER NON • NON-MEMBER
$510,000
$595,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
0.67 Acres Lot
SOLD DATE : 06/05/2025
Key Details
Sold Price $510,000
Property Type Commercial
Sub Type Office/Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Tiger Training Facility
MLS Listing ID 20250713
Sold Date 06/05/25
Year Built 1974
Annual Tax Amount $7,015
Tax Year 2023
Lot Size 0.670 Acres
Acres 0.67
Property Sub-Type Office/Industrial
Property Description
Welcome to 950 Sheerer Ave., an exceptional opportunity in Waterloo, IA. This 6,300 sq. ft. freestanding building is currently operating as a thriving indoor softball and baseball training facility, but the possibilities for your business are endless! With a spacious, open layout free of interior poles, this versatile building is ready to accommodate a wide range of ventures. The current lease runs from October 1st to May 31st, providing a unique chance to rent out the space during the summer months (June 1st to September 30th) and generate additional income. The city-owned land surrounding the building presents potential for expansion, offering room to grow the space—pending negotiations with the city. Recently upgraded in 2023, the property boasts a large, newly paved asphalt parking lot with ample spaces to accommodate visitors. Inside, you'll find a welcoming front lobby, separate men's and women's restrooms, and an upstairs mezzanine that offers excellent views of the training area or could be utilized for additional storage. The building also includes two sheds (12x18 and 8x12) for even more storage options. This building is an ideal choice for a variety of businesses, whether you're looking to run your own training program or expand into something new. If you're interested in taking over the existing, well-established softball/baseball program—active for over 8 years and growing annually—this is a unique opportunity to step into a proven, successful operation. The current program comes fully equipped with everything you need to hit the ground running. This is an extraordinary chance to take a growing business to the next level, or simply make this prime location your own. The sky's the limit for 950 Sheerer Ave.!
Location
State IA
County Black Hawk
Zoning C
Interior
Heating Radiant
Cooling Office Only
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available
View Y/N true
Roof Type Metal,Sloped
Building
Sewer Public Sewer
Others
Ownership LL Corp
Acceptable Financing NBR20250713
Listing Terms NBR20250713
Special Listing Condition Normal Sale
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Brokerage | License ID: T06463000