1175 Tower Terrace Rd, Hiawatha, IA 52233

Listing agent Molly Iversen License #IA S59657

Listing office Realty87

Listing date Jan 31, 2022

Source Crexi

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Overview

Located at the southeast corner of N Center Point Road and Tower Terrace Road, this property comprises two parcels totaling 5.46 acres. Utilities are available at the site. The location is one block from the new I-380 and Tower Terrace interchange. The Hiawatha roundabout is at the intersection of N Center Point and Tower Terrace Roads. The property is on bus route 30. Currently zoned AG, it is zoned for C4. Over 400 multi-family housing units are within a 2-mile radius, and over 300 single-family dwellings are within 1.5 miles in Hiawatha. Robins Landing, a 400-acre development of single-family homes, commercial spaces, and recreational facilities, is located just east on Tower Terrace and Robins Roads. Over 100,000 square feet of commercial buildings are situated on the southwest side of Tower Terrace and Robins Roads. There is an entrance/exit off Anchor Road. Potential for right-in/right-out access off Tower Terrace and left-in/left-out access off N Center Point Road, subject to approval from the City of Hiawatha.

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Hiawatha

County

Linn

State

Iowa

Longitude

-91.6845105

Latitude

42.0584464

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FAQs

What type of property is this?

Commercial land - 5.46 acres at a high-traffic intersection with development potential.

Where is this commercial land located?

The property is located at 1175 Tower Terrace Rd Hiawatha, IA.

What is the asking price?

The asking price for this property is $1,486,485.

What are key features of this property?

This property features: 5.46 acres at the SE corner of N Center Point & Tower Terrace Roads with utilities on site.; Zoned for C4 commercial use (currently AG).; Located one block from the new I‑380 and Tower Terrace interchange.