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3423 Marnie Ave - Sale

Waterloo, IA 50701
  • $5,676,230
  • STATUS: Active
  • ON SITE: 352 Days
  • MLS #: 20251233
UPDATED: 27 min ago
$5,676,230
  • 0
    BEDS
  • 5.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2025
County:

School Ratings & Info

Description

Grow your business in one of the best locations in the Cedar Valley with these flexible business suites. Each building can be customized to hold up to 7 - 40'x80' suites (large enough to fit a semi truck & trailer hooked up) or combined into larger suite areas depending on your needs. Radiant Heat Floor Drains Sprinkler System Design work is completed. Construction can start in 2025 with a short build schedule providing a quick turn-around. Base Rent: $7.45 / sqft. or $1,985 / mo. for a 40'x80' / 3,200 sqft. unit. Buildout: customizable CAM: $1.65 Insurance: $0.35 Taxes: (estimated) $2.30 Total: $9.45 (1st year): $11.75 (thereafter) Owners will start by leasing out the units but are also open to selling the project to an investor. Tif package available upon purchase.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-03-15T12:41:45.78 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.movewithvvre.com/homes/161936470
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3423 Marnie Ave - Sale Waterloo, IA 50701

  • Price: $5,676,230
  • Status: Active
  • On Site: 352 Days
  • Updated: 27 min ago
  • MLS #: 20251233
0
Beds
0
Baths
0
½ Baths
5.35
Acres
2025
Built
Neighborhood:
Cedar Valley Crossing
County:
Black Hawk
Area:
Waterloo South 7
Property Description
Grow your business in one of the best locations in the Cedar Valley with these flexible business suites. Each building can be customized to hold up to 7 - 40'x80' suites (large enough to fit a semi truck & trailer hooked up) or combined into larger suite areas depending on your needs. Radiant Heat Floor Drains Sprinkler System Design work is completed. Construction can start in 2025 with a short build schedule providing a quick turn-around. Base Rent: $7.45 / sqft. or $1,985 / mo. for a 40'x80' / 3,200 sqft. unit. Buildout: customizable CAM: $1.65 Insurance: $0.35 Taxes: (estimated) $2.30 Total: $9.45 (1st year): $11.75 (thereafter) Owners will start by leasing out the units but are also open to selling the project to an investor. Tif package available upon purchase.
Exterior Features

Frontage Type City StreetPaved 2Lane Garage YN Yes Open Parking Spaces 42

Interior Features

Building Area Total 44800 Heating RadiantIndividual Unit Total Available Square Footage 44800 Warehouse Square Footage 44800

Property Features

Agent Owned YN Yes Available Office Square Footage 16000 Available Retail Square Footage 44800 Building Location Industrial Park Common Area Yes Existing Lease Type Net Expense History Projected For Lease YN Yes For Sale Rent For Sale For Sale YN Yes Gross Income 538647 Investment YN Yes Miles To Airport 6 Miles To Highway 0 Multi Tenant YN Yes Nearest Highway Highway 63 Net Operating Income 48227521 Number Dock Doors 1 Number Drive In Doors 28 Number Rail Doors 0 Operating Expense 29440 Property Sub Type Office/Industrial Sale Lease Includes LandBuilding Special Listing Conditions Investment Sale Sprinkler YN Yes Tax Annual Amount 2878.33 Tax Year 2023 Tiered Sliding No Zoning Commercial



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-03-15T12:41:45.78 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613