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Listed by Justin Reuter • Oakridge Real Estate
$ 748,888
Est. payment | /mo
0.58 Acres Lot
$ 748,888
Est. payment | /mo
0.58 Acres Lot
Key Details
Property Type Commercial
Sub Type Office/Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261152
Year Built 2006
Annual Tax Amount $20,139
Tax Year 2025
Lot Size 0.580 Acres
Acres 0.58
Property Sub-Type Office/Industrial
Property Description
3128 University Ave – Waterloo, IA Commercial building ideal for auto repair, body shop, contractor shop, detailing business, service shop, or flex commercial use located on high-visibility University Avenue with strong daily traffic counts. This well-maintained 7,060 sq. ft. building includes an approximately 2,000 sq. ft. office and showroom area featuring a reception area, four private offices, two restrooms, a break room, and a locker room. The property also offers approximately 5,000 sq. ft. of open shop space with two overhead doors, floor drains, and excellent workspace, providing a highly functional layout for a wide range of commercial or service-based operations. The shop space is exceptionally clean and well maintained. A spray booth and hydraulic lift may be included with the sale, creating a potential turnkey opportunity for automotive or service-related businesses. Located along one of Waterloo's busiest commercial corridors, the property offers excellent visibility, convenient access, and strong signage potential. A rare opportunity for an owner-user or investor seeking flexible commercial space in a high-traffic location.
Location
State IA
County Black Hawk
Zoning C
Interior
Heating Radiant
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available, Sewer Available, Phone Available, Fiber Optics
View Y/N true
Roof Type Metal
Building
Structure Type Steel/ST Fram
Others
Acceptable Financing NBR20261152
Listing Terms NBR20261152
Special Listing Condition Normal Sale
Nearby Locations
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Brokerage | License ID: T06463000