234 S. Hackett Road, Waterloo, IA
COMMERCIAL SPACE | 7,049 TOTAL FQ. FT. | AVAILABLE FOR LEASE or FOR SALE
LEASE PRICE: $1,600/mo | SALE PRICE: $425,000
Are you looking for a community-centered space that offers both scale and flexibility? Fischels Commercial Group is proud to present 234 S Hackett Road, a prominent Waterloo property perfectly suited for a church, community center, or professional organization.
Whether you are looking to build equity through ownership or find an affordable, high-functioning lease, this property provides a strategic footprint in a convenient West Waterloo location.
Property Overview: 234 S Hackett Road
Built with durable brick and block construction, this 7,049 sq. ft. facility sits on a sprawling 2.57-acre lot. Its layout is intentionally designed to support large gatherings while providing private spaces for administration and education.
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Total Building Square Footage: 7,049 Sq. Ft.
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Lot Size: 2.57 Acres
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Zoning: R-1 (Ideal for institutional or community use)
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Construction: Solid Brick/Block
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Parking: Large, dedicated asphalt parking area
A Turn-Key Space for Churches and Non-Profits
The interior of 234 S Hackett Road is uniquely equipped to handle a variety of organizational needs. The building is divided into functional zones that allow for multiple activities to occur simultaneously:
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Main Level: Features a spacious sanctuary designed for worship and large presentations, complemented by professional office space.
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Lower Level: Includes a large gathering and entertainment area equipped with a full kitchen- perfect for fellowship hours, community meals, or events.
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Classrooms & Offices: The basement also houses individual rooms that are ideal for classrooms, small group meetings, or private offices.
Option 1: The Investment/Owner-User Opportunity (For Sale)
For those looking to secure a permanent home for their organization or an income-generating asset, the property is offered for sale at $425,000.
Currently, the property is 50% leased, offering an immediate revenue stream for an investor or an owner-user looking to offset their mortgage costs while occupying the remaining space. With over 2.5 acres of land, there is also significant long-term value in the site itself.
View Sale Listing & Financial Details
Option 2: Flexible Lease Opportunity (For Lease)
If your organization is looking for a professional home without the long-term commitment of a purchase, approximately 5,957 square feet of the facility is available for lease at $1,600 per month (Gross Lease).
This lease includes access to the sanctuary, office spaces, the kitchen, and the individual classrooms. At a competitive monthly rate, this is an exceptional opportunity for a startup church or a community program to establish a high-visibility presence in the Cedar Valley.
Strategic Location & Accessibility
Situated on S Hackett Road, this property offers easy access to major Waterloo thoroughfares, making it simple for your congregation or clients to find you. The massive parking lot ensures that even during peak event times, accessibility is never an issue.
Schedule a Private Tour
Whether you are interested in the 50% leased investment potential or the available church/office space for your own use, 234 S Hackett Road is a property that must be seen to be fully appreciated.
Contact Fischels Commercial Group today to schedule your private walkthrough!
Posted by Melissa Youngblut on
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