Affordable 2.31-acre commercial development opportunity on Alexandra Drive in Waterloo. With a low purchase price, City TIF Rebates, sewer and water to the site, C-2/C-Z zoning, and Highway 20 visibility, this property offers an excellent location for a variety of commercial uses. Its proximity to the Crossroads Mall redevelopment adds to the site’s long-term potential. The property is zoned C-2 and C-Z, providing flexibility for a variety of commercial uses. Potential development opportunities may include automotive businesses and repair, recreational sports facilities, contractor/service businesses, mini-storage, and other commercial uses, subject to applicable zoning requirements. Located in an area benefiting from continued commercial investment, the property is in close proximity to the Crossroads Mall redevelopment, providing additional potential for increased traffic, visibility, and surrounding development. A versatile and competitively priced commercial site offering visibility, accessibility, utilities, and development potential in an evolving Waterloo commercial corridor.
Listing courtesy of Miehe Commercial Real Estate.