Lot 1 - 3423 Marnie Ave - Lot For Sale Waterloo, IA 50701

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Listing date Feb 15, 2025

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Investment Insights

Based on property information with market context.

This offering includes two development parcels that can be sold together or separately, supporting a design/build project for commercial condos or business suites. Lot 1 is 2.00 acres (87,120 SF) at 3423 Marnie Ave. Lot 2 is 3.35 acres (145,926 SF) at 3455 Marnie Ave. The seller indicates that a TIF package can be put together with the City of Waterloo as part of the development planning.

The properties are located in Waterloo, Iowa along Marnie Ave, with the option to assemble Lot 1 and Lot 2 for a larger combined footprint if your concept benefits from additional site area.

For developers, owner-operators, and investors seeking a site for commercial condo or business suite construction, these lots provide flexible configuration through the separate or combined sale. The availability of a design/build framework and the referenced ability to pursue a city TIF package may help streamline the early development process for qualified plans. Buyers should confirm all development requirements and TIF eligibility details directly with the City of Waterloo as part of their due diligence.

Key Highlights

• Two adjacent lots available for commercial condo/business suite development (Lot 1 and Lot 2).
• Lot 1: 2.00 acres (87,120 SF) at 3423 Marnie Ave, buildable lot with commercial/industrial park designation.
• Lot 2: 3.35 acres (145,926 SF) at 3455 Marnie Ave, buildable lot with commercial/industrial park designation.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Two adjacent lots available for commercial condo or business suite development, with a city TIF package available.

Where is this commercial land located?

The property is located at Lot 1 - 3423 Marnie Ave - Lot For Sale Waterloo, IA.

What is the asking price?

The asking price for this property is $479,160.

What are key features of this property?

This property features: Two adjacent lots available for commercial condo/business suite development (Lot 1 and Lot 2).; Lot 1: 2.00 acres (87,120 SF) at 3423 Marnie Ave, buildable lot with commercial/industrial park designation.; Lot 2: 3.35 acres (145,926 SF) at 3455 Marnie Ave, buildable lot with commercial/industrial park designation.