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Restaurant with Large Parking Field
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2822 University Ave, Waterloo, IA 50701

Restaurant includes a dining room, kitchen, and bar, plus a large parking field and included fixtures.

Property SizeContact for details
Days on Market121

Property Features for 2822 University Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe · License #B58183000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:20PM

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

Investment Insights

Based on property information with market context.

This restaurant property is located along fully renovated University Avenue and includes a dining room, kitchen, and bar. Restaurant fixtures are included, supporting an efficient transition for a qualified operator or buyer.

The site provides quick access to Ansborough Avenue and the Greenhill corridor, and it features a large parking field to support customer arrivals and on-site parking needs.

The building is set up for straightforward restaurant use with the core back-of-house and service components already in place, including a dedicated kitchen and bar alongside the main dining area.

Key Highlights

  • Restaurant space includes a dining room, kitchen, and bar
  • Located along University Avenue with quick access to Ansborough Avenue and the Greenhill corridor
  • Large parking field included with the property

Property Analytics

Current Use

Elite Lawn Care ... Landscaping

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Restaurant Pharmacy Gym & Fitness Center

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

496
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 19% Apparel 13% Home Improvements & Furnishings 11%
McDonald's Dining
16,133 visits/mo 0.1 miles
Pizza Ranch Dining
10,774 visits/mo 0.4 miles
Goodwill Apparel
7,872 visits/mo 0.5 miles
Dollar General Shops & Services
7,403 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
6,234 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant includes a dining room, kitchen, and bar, plus a large parking field and included fixtures.
Where is this conventional restaurant located?
The property is located at 2822 University Ave Waterloo, IA.
What are key features of this property?
This property features: Restaurant space includes a dining room, kitchen, and bar; Located along University Avenue with quick access to Ansborough Avenue and the Greenhill corridor; Large parking field included with the property
(319) 269-6222 Call to check price and availability
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