Former Grocery Store with Large Parking
For Sale
Contact for pricing
4000 University Avenue, Waterloo, IA 50701
University Avenue property offers redevelopment potential, convenient access, and a substantial on-site parking area.
Property SizeContact for details
Days on Market142
Property Features for 4000 University Avenue
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Road Access
Yes
Listing Agency:
Miehe Commercial Real Estate
(319) 269-6222
Listed By:
Matt Miehe · License #B58183000
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 2:45AM
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.
The property is a former HyVee grocery store on University Avenue in Waterloo, Iowa. Its existing commercial footprint includes a large parking field, providing on-site parking capacity for future occupancy or redevelopment planning.
Road construction along University Avenue was completed in 2019. The site offers direct access from the avenue and supports redevelopment opportunities, with the property positioned for continued commercial use or a new site plan.
Road construction along University Avenue was completed in 2019. The site offers direct access from the avenue and supports redevelopment opportunities, with the property positioned for continued commercial use or a new site plan.
Key Highlights
- Former HyVee grocery store property
- Large on‑site parking field
- Located at 4000 University Avenue, Waterloo, IA 50701
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 23%
Apparel 13%
Home Improvements & Furnishings 10%
McDonald's
Dining
16,133 visits/mo
0.3 miles
Pizza Ranch
Dining
10,774 visits/mo
0.3 miles
Goodwill
Apparel
7,872 visits/mo
0.3 miles
Dollar General
Shops & Services
7,403 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
6,234 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - University Avenue property offers redevelopment potential, convenient access, and a substantial on-site parking area.
Where is this grocery and convenience store located?
The property is located at 4000 University Avenue Waterloo, IA.
What are key features of this property?
This property features: Former HyVee grocery store property; Large on‑site parking field; Located at 4000 University Avenue, Waterloo, IA 50701
