3555 University Ave Waterloo, IA 50701-2009
This exceptional 5,341-square-foot retail space, formerly home to Spicoli's Bar and Grill, presents a unique opportunity for a discerning business owner. Located at 3555 University Avenue in Waterloo, Iowa, this single-tenant property boasts a prime location within Black Hawk County, zip code 50701. Built in 1966, the entire building is currently vacant, offering a blank canvas for your vision. The property's substantial size allows for a wide range of retail concepts, from restaurants and bars to specialty stores or other commercial ventures. Its strategic placement on University Avenue ensures high visibility and accessibility, attracting significant foot traffic. The property's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront renovation costs. This is an exceptional chance to establish a thriving business in a vibrant and well-established community. The property is classified as retail commercial and offers a single tenancy. Detailed building plans and specifications are available upon request. Don't miss this opportunity to secure a prominent location in Waterloo, Iowa.
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Cardtronics Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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