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About This Home

This 0-bedroom, 0-bathroom commercial at 3128 University Avenue in Waterloo, IA is listed for $748,888. Built in 2006, on a 0.58 acres lot.

Agent Description

3128 University Ave - Waterloo, IA Commercial building ideal for auto repair, body shop, contractor shop, detailing business, service shop, or flex commercial use located on high-visibility University Avenue with strong daily traffic counts. This well-maintained 7,060 sq.

ft. building includes an approximately 2,000 sq. ft. office and showroom area featuring a reception area, four private offices, two restrooms, a break room, and a locker room. The property also offers approximately 5,000 sq. ft. of open shop space with two overhead doors, floor drains, and excellent workspace, providing a highly functional layout for a wide range of commercial or service-based operations.

The shop space is exceptionally clean and well maintained. A spray booth and hydraulic lift may be included with the sale, creating a potential turnkey opportunity for automotive or service-related businesses. Located along one of Waterloo's busiest commercial corridors, the property offers excellent visibility, convenient access, and strong signage potential. A rare opportunity for an owner-user or investor seeking flexible commercial space in a high-traffic location.

Key Features

  • Built in 2006
  • 0.58 acre lot

Property Details

2006

Monthly Cost Estimate

$4,005/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,245
Insurance$218

Estimates only. Actual payments may vary.

Location

3128 University Avenue

Waterloo, IA 50701

Property Details

Flooring

Concrete

Construction

Steel/ST Fram

Heating

Radiant

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3128 University Avenue is listed at $748,888. The estimated monthly payment is $3,245 based on 20% down at 6.5% interest.

Key features include: Built in 2006, 0.58 acre lot.

This property is listed by Justin Reuter and can be reached at 3199395112 or justin.reuter@oakridge.net.

JR

Justin Reuter

Agent at Oakridge Real Estate

(319) 939-5112

Listed by Oakridge Real Estate

MLS# 20261152· Source: listhub· Updated 17 days ago

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3128 University Avenue, Waterloo, IA 50701

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