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Retail Building with Drive-Through

2532 Crossroads Boulevard, Waterloo, IA 50702

For Sale
New
$535,000

A former banking configuration includes a drive-through canopy and prominent pole sign.

Property Size6,714 SF
Lot Size2.50 Acres
Price / SF$79.68
Days on Market2

Property Features for 2532 Crossroads Boulevard

General Information

Standard status Active
Size 6,714 SF
Lot size 2.50 Acres
Property subtype Commercial
Zoning S-1

Site & Location

Drive-Thru Yes
Pylon Signage Yes

Additional Details

Land Use retail

Taxes and HOA fees

Annual Taxes $13,628

Amenities

drive-thru canopy
pole sign
2.5
6714

Building Details

Building Size 6,714 SF
Year Built 1970
Buildings 1
Listing Agency: Miehe Commercial Real Estate
Listed By: Matthew Miehe
Source: Pinnaclerealtyia
Added: Nov 12 Last Checked: Nov 12 at 2:17PM

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 Miehe Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This retail property in Waterloo includes a 6,714-square-foot banking building, a drive-through canopy and a pole sign. The building was constructed in 1970 and is situated on 2.5 acres, with more than 65,000 square feet of paved area. The site is zoned S-1.

At 2532 Crossroads Boulevard, the property is next to Marcus Theatres and sits in the Crossroads Mall area, which is anticipated to undergo redevelopment.

Key Highlights

  • 6,714‑square‑foot retail banking building
  • 2.5‑acre site with more than 65,000 square feet of paved area
  • Drive‑through canopy and prominent pole sign

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Storage Facility Big Box & Wholesale 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

489
Businesses Nearby
574k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 28% Shops & Services 19% Superstores 16% Apparel 14%
Walmart Superstores
92,036 visits/mo 0.4 miles
Hy-Vee Groceries
53,742 visits/mo 0.3 miles
Chick-fil-A Dining
46,408 visits/mo 0.4 miles
T.J. Maxx Apparel
45,474 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
27,956 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

Average Price Trend$/SF for Retail space in Waterloo, IA

$33.38 Jul
$56.74 Aug
$62.89 Sep
$71.18 Oct

Properties on Market for Retail space in Waterloo

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A former banking configuration includes a drive-through canopy and prominent pole sign.
Where is this retail space located?
The property is located at 2532 Crossroads Boulevard Waterloo, IA.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 6,714‑square‑foot retail banking building; 2.5‑acre site with more than 65,000 square feet of paved area; Drive‑through canopy and prominent pole sign
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