This freestanding 26,541-square-foot industrial building sits on a 0.41-acre corner lot in the heart of Downtown Waterloo. Rich with character, the two-story structure features expansive open spaces, exposed brick, direct views of the Cedar River, and a flexible floor plan suited for a variety of industrial, commercial, or mixed-use uses. The building currently offers warehouse and storage capabilities, including a grade-level overhead door for loading access, while its adaptable layout provides exceptional potential for adaptive reuse. Whether preserved for industrial use or transformed into creative office space, loft-style residential units, retail, entertainment, or a mixed-use development, the property's size, character, and prime downtown location make it a compelling value-add opportunity. Located within an Opportunity Zone, the property may offer potential tax advantages for qualified investors, further enhancing its investment appeal.
Listing courtesy of AWRE - Commercial & Development.