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3530 Marnie Ave - Sale

Waterloo, IA 50701
  • $7,650,000
  • STATUS: Active
  • ON SITE: 165 Days
  • MLS #: 20250399
UPDATED: 154 min ago
$7,650,000
  • 0
    BEDS
  • 6.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2022
County:

School Ratings & Info

Description

https://www.cedarvalleycrossing.com/ Move in today with immediate occupancy. Up to 49,800 sqft. warehouse / industrial space & 2,100 sqft. office space. Room to expand to approx. 82,000 sqft. Private changing rooms, break room, private offices. Located a block from the intersection of 2 major highways in Central Iowa, this 51,900 sqft. building has a lot to offer an owner occupied user or investor. Current tenant is moved out and making lease payments until 8.31.2025. TIF package approved by the City of Waterloo in 2024: 15 year / 90%. Paid bi-annually. Building is single tenant but can easily be divided into 2 spaces at 29,100 sqft. & 22,000 sqft. respectively. Building is also listed available for lease. Base Rent: $6.45 / sqft. CAM: $1.65 Insurance: $0.35 Taxes: $2.35 Total: $10.80 Pre-Engineered Steel Construction Metal Roof Ceilings range from 22' - 25' 2,100 sqft. office space. 3 phase electrical. Central Heat & Air City Water & Sewer High Speed Internet 6 Loading Docks 2 - 16'x16' OH Doors Sprinkler System Storage Area Traffic counts: Hwy 20: 11,700 - 13,100 cars / day Hwy 63: 3,050 - 4,500 cars / day. Seller open to financing buyers down payment.

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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 2025-07-14T23:41:45.867 (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/159876838
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3530 Marnie Ave - Sale Waterloo, IA 50701

  • Price: $7,650,000
  • Status: Active
  • On Site: 165 Days
  • Updated: 154 min ago
  • MLS #: 20250399
0
Beds
0
Baths
0
½ Baths
6.08
Acres
2022
Built
Neighborhood:
Cedar Valley Crossing Commercial Park
County:
Black Hawk
Area:
Waterloo South 1
Property Description
https://www.cedarvalleycrossing.com/ Move in today with immediate occupancy. Up to 49,800 sqft. warehouse / industrial space & 2,100 sqft. office space. Room to expand to approx. 82,000 sqft. Private changing rooms, break room, private offices. Located a block from the intersection of 2 major highways in Central Iowa, this 51,900 sqft. building has a lot to offer an owner occupied user or investor. Current tenant is moved out and making lease payments until 8.31.2025. TIF package approved by the City of Waterloo in 2024: 15 year / 90%. Paid bi-annually. Building is single tenant but can easily be divided into 2 spaces at 29,100 sqft. & 22,000 sqft. respectively. Building is also listed available for lease. Base Rent: $6.45 / sqft. CAM: $1.65 Insurance: $0.35 Taxes: $2.35 Total: $10.80 Pre-Engineered Steel Construction Metal Roof Ceilings range from 22' - 25' 2,100 sqft. office space. 3 phase electrical. Central Heat & Air City Water & Sewer High Speed Internet 6 Loading Docks 2 - 16'x16' OH Doors Sprinkler System Storage Area Traffic counts: Hwy 20: 11,700 - 13,100 cars / day Hwy 63: 3,050 - 4,500 cars / day. Seller open to financing buyers down payment.
Exterior Features

Frontage Type Cul-De-SacCity StreetPaved 2LaneFrontage Road Garage YN No Open Parking Spaces 32 Roof MetalSloped

Interior Features

Building Area Total 51900 Building Features Fiber Optics Cooling Office Only Flooring Concrete Heating Natural GasElectric Insulation RoofSide Walls Total Available Square Footage 51900 Warehouse Square Footage 49800

Property Features

Agent Owned YN Yes Available Office Square Footage 2100 Available Retail Square Footage 0 Building Description Free StandingMulti-TenantSingle Tenant1 Story Building Location Industrial AreaIndustrial Park Buyer Financing Cash ConventionSeller Financing Common Area Yes Easement Restrictions Drainage Existing Lease Type Net Expense History Actual Flood Insurance No For Lease YN Yes For Sale Rent For Sale For Sale YN Yes Gross Income 560520 Investment YN Yes Miles To Airport 7 Miles To Highway 0 Multi Tenant YN Yes Nearest Highway Highway 63 Net Operating Income 0 Number Dock Doors 6 Number Drive In Doors 2 Number Rail Doors 0 Operating Expense 0 Ownership Corporation Possession Immediate Possible Use Other Property Sub Type Industrial Sale Lease Includes LandBuilding Sewer Public Sewer Special Listing Conditions Normal Sale Sprinkler YN Yes Tax Annual Amount 119465.19 Tax Incentive TIF DistrictIn City Limit Tax Year 2023 Tenant Pays Real Estate TaxInsuranceOtherMechanical MaintenanceCommon Area MaintenanceJanitorial ServiceTrash CollectionSnow/LawnGasElectricityHeatCoolingSewer Tiered Sliding No Utilities Electricity AvailableNatural Gas AvailableWater AvailableSewer AvailableFiber Optics Zoning Industrial



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 2025-07-14T23:41:45.867 (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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Cedar Falls IA, 50613