3556 Marnie Avenue Waterloo, IA 50701
- Added:
- Jan 29, 2025
- Days on Market:
- 436
- Last Refresh:
- Apr 10 at 4:06 pm
Property Features for 3556 Marnie Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm
- Standard status
- Active
- APN
- 881306426059
- Size
- 30,080 SF
- Lot size
- 5.19 Acres
Taxes and HOA fees
- Tax Description
- Cedar Valley Crossing Lot 3 Lot 4
- Tax Annual Amount
- 5374
Building Details
- Year built
- 2023
- Flooring type
- Concrete
- Building materials
- Pre Eng Steel
- Roof type
- Metal
Listing agent Trev Adair License #322502720 (319) 350-9476
Listing office Pinnacle Realty LLC 1110 Dina Ct Suite A, Cedar Rapids, IA (319) 393-0900
Listing date Jan 29, 2025
MLS# 2500689
Copyright © 2026 Cedar Rapids Area Association 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.
Overview
Waterloo Self-Storage Complex For Sale
This self-storage complex is located at the intersection of Hwy 20 & Hwy 63 in Waterloo, Iowa. Phase 1, opened in October 2023, provides 78,760 square feet of leasable space on 5.19 acres. The property includes 28,800 square feet of indoor storage with 157 drive-up units in 10x15, 10x20, and 10x30 sizes, as well as a 1,280 square foot climate-controlled office/shop that is currently leased. Outdoor parking provides 48,680 square feet with 122 spaces of 10x40. The total unit count is 280. The indoor storage occupancy is 79.62%, and the outdoor parking occupancy is 52.46%. The net operating income is $250,206.56. Security features include perimeter fencing, an automated gate, and high-definition security cameras. The site benefits from a 15-year TIF package (90% for the first 10 years, then 60% thereafter). Financials and pro forma are updated monthly by a CPA. The property is zoned commercial. Seller financing is available, and the current owners are open to staying on for operations post-sale at below-market management rates.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Cedar Crossing Storage
Storage Facility
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.3951
- Latitude
- 42.466565
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - High-traffic self-storage complex with income and expansion potential.
Where is this self storage facility located?
The property is located at 3556 Marnie Avenue Waterloo, IA.
What is the asking price?
The asking price for this property is $4,225,000.
What are key features of this property?
This property features: High‑traffic location at the intersection of Hwy 20 & Hwy 63 in Waterloo, IA.; **Strong income potential with an NOI of $250,206.56 and 79.62% indoor occupancy.**; New construction (opened October 2023) with 78,760 SF of leasable space.
