3280 University Ave Waterloo, IA 50701

5,008 SF 1.4 ac lot Built 1978

Trust Owned 5-yr Hold Absentee Owner Free & Clear

Property ID

US25-0342202

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3280 University Ave, Waterloo, IA 50701
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This exceptional 5,008-square-foot retail space, formerly a Perkins Restaurant, presents a unique investment opportunity in Waterloo, Iowa. Located at 3280 University Ave, this single-tenant property offers a turnkey solution for a variety of restaurant or commercial ventures. Built in 1978, the building is situated in Black Hawk County, Iowa, zip code 50701, and boasts a convenient location with high visibility. The entire 5,008 square feet is currently vacant, providing immediate occupancy for a new business. The property's existing infrastructure offers significant cost savings for potential buyers or lessees, eliminating the need for extensive renovations or build-outs. This presents a rare chance to acquire a well-positioned commercial space ready for immediate operation. The property's history as a successful restaurant suggests strong potential for continued success in the food service industry or other suitable commercial uses. Its location in Waterloo, Iowa, offers access to a substantial customer base and benefits from existing infrastructure and utilities. Serious inquiries are encouraged to explore the possibilities of this prime commercial real estate opportunity. The property is available for sale or lease.