3556 Marnie Ave - Sale, Waterloo, IA 50701
- 30,080 sqft
Commercial Property
Built in 2023
5.19acre lot
—— car garage
$165/sqft
Listed 5 months ago
Property Description
Seller financing available. 20.20% COC return at a $4.78m purchase price based on current occupancy. (75.80% indoor / 31.07 % outdoor) 30.35 % COC return at $4.78m purchase price based on stabilized occupancy (projected September 2025) 100,880 rentable square footage. Owners are willing to stay and continue to run the site if the buyer desires. Inside storage snits equal 28,800 sqft. Heated & Air Conditioned Office & shop is 1,280 sqft. and can be leased. 2 desks, conference table & chairs. office and shop supplies. Ceiling Height: 7' - 10' Traffic Count: 10,001-15,000 Concrete slab with vapor barrier for moisture protection, pre-engineered steel, metal roof Central air and heat, city water/sewer Off-Street Parking Overhead Door Storage area Security System/Lighting 3D Virtual Tour: https://tours.picyourhouse.net/tours/xZRqErtOP?sceneId=uay135Cz1 Property averages a growth rate of 4 units / week for new client occupied units, so please check back weekly for updated financials.
- Listing Status:
- Active
- Listing Office:
- Pinnacle Realty : 319-393-3900
- Listing Agent:
- Trevis Adair :
- MLS ID:
- 20250395
- General: Multi-Tenant1 Story
This listing courtesy of Trevis Adair, Pinnacle Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Lou Henry Elementary School
312 Rachael St, Waterloo, IA, 50701
Grades KG-5
1.74 miles away
Hoover Middle School
630 Hillcrest Rd, Waterloo, IA, 50701
Grades 6-8
1.76 miles away
Waterloo West High School
425 E Ridgeway Ave, Waterloo, IA, 50702
Grades 9-12
2.39 miles away