3556 Marnie Avenue Waterloo, IA 50701
High-traffic self-storage complex with indoor, outdoor storage, and office.
Type:Investment
Property size:
100,880 SFLot size:
5.19 Acres- Added:
- Jan 28, 2025
- Days on Market:
- 437
- Last Refresh:
- Apr 1 at 8:52 pm
Property Features for 3556 Marnie Avenue
General Information
- Standard status
- Active
- Size
- 100,880 SF
- Lot size
- 5.19 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 2023
Listing agent Trev Adair
Listing office Pinnacle Realty LLC (319) 393-0900
Listing date Jan 28, 2025
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Realty LLC
Overview
Waterloo Self-Storage Complex For Sale
This self-storage complex is located at the intersection of Hwy 20 & Hwy 63 in Waterloo, IA. Phase 1 opened in October 2023 and offers a total of 100,880 square feet of leasable space situated on 5.19 acres. The property includes 28,800 square feet of indoor storage with 157 drive-up units, with sizes of 10x15, 10x20, and 10x30. There is also a 1,280 square foot climate-controlled office/shop, which is currently owner-occupied but leasable. The outdoor parking area provides 70,800 square feet with 177 spaces sized 10x40. The total unit count is 335, plus the office/shop. The indoor occupancy is 75.16%, and the outdoor occupancy is 51.76%. Security features include perimeter fencing, an automated gate, and high-definition security cameras. The site benefits from a 15-year TIF package, offering 90% for the first 10 years and 60% thereafter. Seller financing is available. The current owners are open to staying on for operations post-sale at below-market management rates. This property presents an opportunity for investors or owner-users.
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 indoor, outdoor storage, and office.
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; Significant leasable space: 100,880 SF total (28,800 SF indoor, 70,800 SF outdoor); Strong security features: perimeter fencing, automated gate, and high‑definition security cameras
