205-215 Hammond Avenue, Waterloo, IA 50702
Black Hawk County
Key Facts
Description
Discover an exceptional opportunity to acquire a fully equipped, move-in- ready church campus designed to support worship, education, fellowship, and community outreach. This property offers a functional and flexible lay- out, making it ideal for an active congregation, nonprofit organization, educational institution, or community-focused user. The main church facility features a welcome and reception café area that creates a gathering space for members and guests. A fully equipped commercial-style kitchen supports fellowship meals, events, and community programming, while six classrooms provide versatile space for children’s ministries, adult education, offices, or meeting rooms. A dedicated game room/ rec-room area offers additional recreational opportunities, enhancing the property’s appeal for a wide range of ministries and organizations. The site includes 46 on-site parking stalls, providing convenient access for worship services, meetings, and special events. Also included is a five-bedroom parsonage with a one-car garage with storage, and low-maintenance vinyl siding, offering comfortable on-site living for clergy, staff, or potential rental income. Whether you’re looking to establish a new congregation, expand an existing ministry, or want to repurpose the property for another institutional use, this turnkey campus provides the improvements, functionality, and amenities needed to begin operations immediately.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1958
Living Area
11,229 sq ft
Lot Size
0.87 acres
Zoning
R-3
Days on Market
4
MLS® Listing#
20263338
Property Features
Financial Details
Annual Taxes
$2,386
Tax year 2025
Assessed Value
$260,020
Parcel Number
891325351014
Directions
Located on South and Hammond
Affordability Calculator
$59,000
Estimated monthly payment
$1,570/mo
Principal $236,000 · Est. interest $329,241 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waterloo, IA
- 54
- Median Days on Market
- 1,420
- Median Sq Ft
- $127
- Median Price / Sq Ft
- 164
- Active Listings
- Its price per sq ft is 79% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waterloo, IA.
Location
Getting Around
Points of Interest in Waterloo, IA
Showing the Waterloo area map.
Nearby Schools
Lowell Elementary
Elementary · 0.2 mi away
Sacred Heart School
School · 0.4 mi away
Irving Elementary School
Elementary · 0.6 mi away
St John St Nicholas School
School · 1.0 mi away
East High School
Secondary · 1.1 mi away
Immanuel Lutheran School
School · 1.1 mi away
Kittrell Elementary School
Elementary · 1.1 mi away
St Edward School
School · 1.2 mi away
West High School
Secondary · 1.4 mi away
Kingsley Elementary School
Elementary · 1.4 mi away
Columbus High School
Secondary · 1.6 mi away
Blessed Maria Assunta Pallotta Middle School
School · 1.6 mi away
Cunningham School for Excellence Elementary School Waterloo Community School District
Elementary · 1.7 mi away
Highland Elementary School
Elementary · 1.7 mi away
Expo Alternative Learning Center
School · 1.7 mi away
Active Minds Early Learning Academy
School · 1.8 mi away
Edison Elementary School
Elementary · 2.1 mi away
Hoover Middle School
Elementary · 2.1 mi away
George Washington Carver Academy
School · 2.3 mi away
Waterloo Christian School
Secondary · 2.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3638 Logan Ave., Waterloo, IA | $209,000 | 3 | 2 | 1,513 |
| 4332 S Mourning Dove Drive, Waterloo, IA | $209,900 | 2 | 3 | 1,477 |
| 1414 Ingersoll Rd, Waterloo, IA | $209,900 | 4 | 2 | 1,932 |
| 2525 Saratoga, Waterloo, IA | $210,000 | 2 | 2 | 1,584 |
| 1001 Kimball Avenue, Waterloo, IA | $217,000 | 4 | 2 | 1,950 |
| 2225 E Shaulis Road, Waterloo, IA | $217,800 | — | — | — |
Moving Cost Estimate
EXIT Agents in Waterloo
Listing Courtesy: Miehe Commercial Real Estate - 3192696222
Presented by: Noah Neff