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Two-Story Commercial Building
For Sale
$750,000

3295 University Avenue, Waterloo, IA 50701

Commercial Sale, Waterloo, IA

Property Size13,824 SF
Lot Size0.90 Acres
Price / SF$54.25
Days on Market37

Property Features for 3295 University Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning C2
Directions located on the southeast corner of intersection University Ave. & Access A
Standard status Active
APN 891321377032
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Grattan Addition Lot 2
Legal Description Grattan Addition Lot 2

Building Details

Year built 1977
Listing Agency: Oakridge Real Estate
Listed By: Stephen Jordan · License #B63146000
Added: Jul 17 Changed: Aug 19 Last Checked: Aug 22 at 3:06PM
MLS# 20263340

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained two-story commercial building totals 13,824 square feet and sits on a 0.90-acre lot. Public remarks describe the property as suitable for a range of business applications, including office, retail, medical, educational, or mixed-use uses.

Located at 3295 University Avenue in Waterloo, Iowa, the property is presented as highly visible along one of the city’s busiest corridors, with convenient access to major thoroughfares. The generous site is described as providing ample parking and room to accommodate a variety of business operations.

The property is zoned C2, offering a flexible framework for prospective tenants and buyers evaluating commercial uses.

Key Highlights

  • 2‑story commercial building built in 1977
  • 13,824 total SF on a 0.90‑acre lot
  • Versatile space suited for office, retail, medical, educational, or mixed‑use applications

Property Analytics

Current Use

Dan's Appliance and Mattress Home Appliance Store ATM Atm

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Gym & Fitness Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 50701, IA

29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story commercial building on a 0.90-acre lot with space for office, retail, medical, educational, or mixed-use uses.
Where is this office building located?
The property is located at 3295 University Avenue Waterloo, IA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2‑story commercial building built in 1977; 13,824 total SF on a 0.90‑acre lot; Versatile space suited for office, retail, medical, educational, or mixed‑use applications
More about this property
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