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Climate-Controlled Storage Facility
New
For Sale
$525,000

3717 Midway Dr, Cedar Falls, IA 50613

Commercial Sale, Cedar Falls, IA

Property SizeContact for details
Lot Size0.37 Acres
Days on Market3

Property Features for 3717 Midway Dr

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-2
Subdivision CEDAR FALLS
Directions One block off of University Ave, behind O'Reilly Auto Parts
Standard status Active
APN 891320326018
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNPLATTED CEDAR FALLS S 90 FT N 535.24 FT E 177.1 FT OF NE SW SEC 20 T 89 R 13 EXC THAT PART CONVEYED FOR STREETS & HWY PURPOSES IN B 482 P 283 & B 482 P 286
Tax Annual Amount 8799
Legal Description UNPLATTED CEDAR FALLS S 90 FT N 535.24 FT E 177.1 FT OF NE SW SEC 20 T 89 R 13 EXC THAT PART CONVEYED FOR STREETS & HWY PURPOSES IN B 482 P 283 & B 482 P 286

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Central Air

Amenities

coded entry doors
security system
automatic lighting
rolling carts
website
phone number

Building Details

Year built 1990
Flooring type Concrete
Building materials Frame, Block
Roof type Composition
Listing Agency: Re/Max Concepts · RE/MAX International
Listed By: Gordon Sorensen · License #B59768000
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 29 at 5:06AM
MLS# 20264094

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This self-storage facility contains 34 climate-controlled units ranging from 12 square feet to 440 square feet. The original structure, built in 1990, was remodeled and expanded with an addition completed in 2023. Improvements include heat pumps, furnaces, siding, windows, doors, roofing, signage, water and sewer lines, and most of the parking lot. The property occupies 0.37 acres and has concrete flooring, central air, electric and heat-pump heating, water availability, and public sewer.

Coded entry doors provide controlled 24-hour access, with security equipment, automatic lighting, and rolling carts serving the facility. Online booking and account-management functions are supported through the included website, while the established phone number can route to multiple users. The property is zoned C-2 and located in Cedar Falls, Iowa.

Key Highlights

  • 34 climate‑controlled storage units
  • Unit sizes range from 12 square feet to 440 square feet
  • Addition completed in 2023; original structure built in 1990

Property Analytics

Current Use

Midway Carwash Car Wash

Suggested Use

Top Pick Restaurant Law Firm Building Supply Spa & Massage Center Hair Salon Skin Care Clinic

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

Demographics for 50613, IA

43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Remodeled facility with controlled access, online leasing tools, and a flexible mix of storage spaces.
Where is this self storage facility located?
The property is located at 3717 Midway Dr Cedar Falls, IA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 34 climate‑controlled storage units; Unit sizes range from 12 square feet to 440 square feet; Addition completed in 2023; original structure built in 1990
More about this property
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