US HWY 63 - US HWY 63 & Westfield Ave, Downtown Waterloo
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
US HWY 63 - US HWY 63 & Westfield Ave, Downtown Waterloo
2.32 Acres of Commercial Land Offered at $862,560 CAD in Waterloo, IA 50701
Executive Summary
Great opportunity for real estate developer to bring a mixed use development to the Waterloo Downtown corridor. Located right off of HWY 63 and HWY 218, surrounded by a thriving area that includes shopping, dining, work and night life. Don't miss this opportunity for development in a city that is very friendly to development.
Waterloo’s Central Business District has experienced gentrification during the last decade. The
Waterloo Main Street Association and City of Waterloo have worked together to rejuvenate the
downtown area. Major improvements in the last ten years include the following:
? Construction of Amphitheater along the Cedar River (River Renaissance Project)
? Development of trail system along the Cedar River
? Installation of a bladder dam to allow for recreation
? 68-unit Grand Crossing apartment complex
? Mixed Use Development with 36 residential uses and retail (Grand Crossing II)
? Redevelopment of more than 20 downtown buildings
? 72-unit apartment complex built in 2011
? $27.5 million dollar sports complex with 130,000 sq ft built in 2012
? Redevelopment of former John Deere factory into Techworks Campus that serves as a
research and development-manufacturing center. The Techworks Campus includes a John
Deere Museum, restaurant, 166-room Courtyard by Marriott plus professional office space
? $10 million renovation of KWWL Television Station building
? Redevelopment of the former Hostess Bakery building into a brewery/restaurant
? Construction of the Riverloop Expo Plaza, an outdoor plaza
? A new urban campus for Hawkeye Community College
? Renovation of the former Ramada Inn
? Art Block Project that contains 70 residential units plus commercial space
In addition to the completed projects noted above, several are in the works, including:
? A new grocery store at the corner of Franklin Street and Highway 63
? Marina along the river
? Various other mixed-use developments
Waterloo’s Central Business District has experienced gentrification during the last decade. The
Waterloo Main Street Association and City of Waterloo have worked together to rejuvenate the
downtown area. Major improvements in the last ten years include the following:
? Construction of Amphitheater along the Cedar River (River Renaissance Project)
? Development of trail system along the Cedar River
? Installation of a bladder dam to allow for recreation
? 68-unit Grand Crossing apartment complex
? Mixed Use Development with 36 residential uses and retail (Grand Crossing II)
? Redevelopment of more than 20 downtown buildings
? 72-unit apartment complex built in 2011
? $27.5 million dollar sports complex with 130,000 sq ft built in 2012
? Redevelopment of former John Deere factory into Techworks Campus that serves as a
research and development-manufacturing center. The Techworks Campus includes a John
Deere Museum, restaurant, 166-room Courtyard by Marriott plus professional office space
? $10 million renovation of KWWL Television Station building
? Redevelopment of the former Hostess Bakery building into a brewery/restaurant
? Construction of the Riverloop Expo Plaza, an outdoor plaza
? A new urban campus for Hawkeye Community College
? Renovation of the former Ramada Inn
? Art Block Project that contains 70 residential units plus commercial space
In addition to the completed projects noted above, several are in the works, including:
? A new grocery store at the corner of Franklin Street and Highway 63
? Marina along the river
? Various other mixed-use developments
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $862,560 CAD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 2.32 AC |
| Property Type | Land |
| Price | $862,560 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 2.32 AC |
1 Lot Available
Lot
| Price | $862,560 CAD | Lot Size | 2.32 AC |
| Price Per AC | $371,793 CAD |
| Price | $862,560 CAD |
| Price Per AC | $371,793 CAD |
| Lot Size | 2.32 AC |
AUDITOR'S FALLS AVENUE & MULLEN AVENUE PLAT DESC AS COM AT MOST SLY COR LOT 29 TH S 41 DEG 08 MIN 31 SEC W 340.05 FT TO SW COR LOT 30 TH N 49 DEG 00 MIN 49 SEC W 22.02 FT TO POB TH N 49 DEG 00 MIN 49 SEC W 517.94 FT TO SLY LINE OF PARCEL IN LD 560-
Description
Former Iowa DOT right of way, now ready to developed.
1 of 1
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (83)
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Four Brothers Investment LLC
US HWY 63 - US HWY 63 & Westfield Ave, Downtown Waterloo
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.