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Size: 5.19 Acres

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COMMERCIAL - Waterloo, IA

Beautiful self-storage complex located at the high-traffic intersection of Hwy 20 & Hwy 63 in Waterloo, IA. Phase 1 opened in October 2023 and offers a total of 100,880 SF of leasable space across 5.19 acres. The site includes 28,800 SF of indoor storage with 157 drive-up units (10x15, 10x20, 10x30), a 1,280 SF climate-controlled office/shop (owner-occupied, but leasable), and 70,800 SF of outdoor parking with 177 spaces (10x40). Total unit count: 335 + office/shop. Occupancy: 75.16% indoor 51.76% outdoor Security features include perimeter fencing, an automated gate, and high-definition security cameras. The site also benefits from a 15-year TIF package (90% for the first 10 years, then 60% thereafter). Financials and pro forma updated monthly by CPA. Seller financing available. Owners open to staying on for operations post-sale at below-market management rates. Excellent opportunity fo...

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Source:First Street

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Source: ListHub, MLS# 2500689
Listing status: Active
Listing last updated: February 26, 2026 at 4:40 PM
Listing last checked: February 28, 2026 at 2:18 AM
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