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Truck Service and Wash Facility
For Sale
$450,000

170 W 18th Street, Waterloo, IA 50702

Functional truck servicing property with two drive-thru bays, overhead doors, and utility-ready infrastructure for repair and wash operations.

Property Size8,320 SF
Price / SF$54.09
Days on Market106

Property Features for 170 W 18th Street

General Information

Standard status Active
Size 8,320 SF
Property subtype Commercial
Zoning M-1

Warehouse & Industrial

Drive-In Doors 2
Heavy Power Yes
Sprinkler System Yes

Additional Details

Business Included Yes
Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,734

Amenities

0.58
8320

Building Details

Building Size 8,320 SF
Year Built 1951
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Ryan Eighme
Source: Pinnaclerealtyia
Added: Jun 24 Changed: Oct 3 Last Checked: Oct 5 at 5:03PM

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 SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

This truck servicing property at 170 W. 18th Street in Waterloo is built for high-throughput vehicle operations. The facility includes two overhead doors and two expansive drive-thru truck bays, each with dual overhead doors to support smooth traffic flow. Interior support features include floor drains and a sprinkler system, along with 400-amp electrical service for heavy equipment use. Additional operational infrastructure includes airlines with air compressors and exterior plug-ins for engine block heaters.

Access and connectivity are supported by the site’s convenient location near U.S. Highway 218, positioning it for transportation-dependent businesses. The configuration is well suited to vehicle drop-off, service, and through-bay operations where minimizing staging time matters.

The layout and utilities make the property a practical fit for truck and auto repair, fleet maintenance, towing-related services, sales and service operations, or a truck wash facility. With the door arrangement and service-ready components already in place, operators can focus on workflow and equipment deployment rather than building out basic support systems.

Key Highlights

  • 0.58‑acre truck servicing property with 8,320 total building area, built in 1951
  • Two drive‑thru truck bays with dual overhead doors for each bay to support efficient vehicle flow
  • 400‑amp electrical service plus sprinkler system and floor drains

Property Analytics

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Current Use

Lovell's Truck & Trailer ... Auto Repair Shop Lovell's Truck and Trailer ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Pharmacy Gym & Fitness Center Dental Office HVAC Service Cafe & Coffee Shop

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

Lease Details

2
Drive-in doors
Turnkey business
Opportunity
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
10,645 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
2,558 visits/mo 0.3 miles

Demographics for 50702, IA

20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Can-Am Automotive & Towing — 1041 Sheffield Ave, Waterloo, IA 50702
  • Iowa Automotive Recyclers — 2214 Regal Ave, Waterloo, IA 50702
  • Liberty Car Care — 429 La Porte Rd, Waterloo, IA 50702
  • Black Hawk Customs, LLC — 439 James St, Waterloo, IA 50702
  • New Deal Auto Salvage — 612 Power St, Waterloo, IA 50702

Frequently Asked Questions

What type of property is this?
Auto shop - Functional truck servicing property with two drive-thru bays, overhead doors, and utility-ready infrastructure for repair and wash operations.
Where is this auto shop located?
The property is located at 170 W 18th Street Waterloo, IA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 0.58‑acre truck servicing property with 8,320 total building area, built in 1951; Two drive‑thru truck bays with dual overhead doors for each bay to support efficient vehicle flow; 400‑amp electrical service plus sprinkler system and floor drains
More about this property
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