IA201

8,573±SF Former Bank Branch on 2.5± Acres at 2532 Crossroads Blvd, Waterloo, IA 50702 (Black Hawk County)
Auction: Absolute Auction of Former Bank Buildings & Sites in AR-IA-IL-IN-LA-MO-MS-TN

Sold for $372,900

 

IOWA
Property #201  


Online Only Absolute Auction
8,573±SF Former Bank Branch on 2.5± Acres
2532 Crossroads Blvd, Waterloo, IA 50702 (Black Hawk County)
Bidding Opens:
Monday, August 19 at 11:00 AM CT
Bid Deadline: Wednesday, August 28 at 11:00 AM CT
Inspection: Wednesday, August 21 at 10:00 AM CT SHARP
Sale Manager: Brent Wears, (319) 331-2009 or brent@wearsauctioneering.com 
 
Property Description: Former 8,573±SF bank branch office building on 2.5± acres located on an outparcel of regional Crossroads Mall, next door to a movie theatre, across the street from a Best Buy, and nearby numerous other national retail brands. Two story brick and stucco building constructed ca. 1970 with approximately 102 parking spaces and covered four lane drive through. The interior space offers large conference room, kitchenette, cubicle area and large open area which could be easily transformed for any use. The unique shape of the building gives the property character as well as providing many possible uses. County permits show it was remodeled in 2011 and the furnace replaced in 2012. 
 
Black Hawk County Tax Map Parcel ID# 8813-02-426-008
2018 Black Hawk County Tax Appraised Value: $1,163,130
2018 Black Hawk County Property Taxes: $38,630
City Taxes: Unknown
 
Brent Wears, IA Broker
 
Terms:  Proof of Funds Required to Bid, 10% Buyers Premium added to winning bid to determine sale price, Earnest Money Deposit 10% of Purchase Price, 1% Broker Co-Op, close in 20 days.