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28319782
28319792

3050 Wagner Rd, Waterloo, IA 50703

JH
IA S68688000
Berkshire Hathaway HomeServices One Realty Centre Waterloo
Listed by Berkshire Hathaway HomeServices One Realty Centre Waterloo
$1,100,000
197 days on market
Updated 74 days ago

Wagner Rd Industrial Space

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 20,524
Net Rentable (SqFt) 20,524
Units 1
Price per SqFt $54
Broker Co-Op Yes
Class A
Year Built 1962
Year Renovated 2020
Buildings 2
Stories 1
Acreage 3.000
Zoning M2
Investment Type Owner/User
Ceiling Height 15

Industrial | 20,524 SqFt

Marketing description

Positioned in the heart of Waterloo’s established industrial corridor, 3050 Wagner Road offers over 23,000 square feet of flexible warehouse, shop, and office space across two buildings on 3.05 acres. This property is well-suited for manufacturing, fabrication, logistics, or an owner-user needing room to grow. The main building features 19,865 SF, of sprinkled warehouse and office with many new updates to the system. A second, stand-alone 3,200 SF warehouse provides additional storage, shop, or tenant-occupancy potential. Strong infrastructure supports a wide range of operations, including 3-phase power, an air loop system, multiple overhead doors, and newer HVAC systems. Located on a high-visibility corner along Wagner Road and Airline Highway, the site offers dual access points, excellent signage opportunities, and truck-friendly circulation close to Hwy 218, Hwy 63, rail, and the airport. Fiber and coax connectivity support modern business demands. The property will be delivered vacant at closing, making it immediately ready for occupancy or reconfiguration. Whether used as a single operation, divided for multiple tenants, or modernized for future industrial needs, this site delivers scale, infrastructure, and strategic positioning at a compelling price point.

Investment highlights

  • Total: 23,065 sq ft across two buildings

    • Building 1 (1962): 19,865 sq ft

      • Main warehouse: 17,324 sq ft

      • Office: 984 sq ft

      • Additional warehouse space: 1,197 sq ft

    • Building 2 (1965): 3,200 sq ft warehouse

  • 3.05-acre corner lot with great circulation for trucks

  • Sprinklered main warehouse + updated fire-life-safety

  • 3-phase power, air loop system, and newer HVAC

  • Multiple OH doors: 8x8, 9x10, 8x12

  • 984 sq ft office, break area, meeting rooms, and workspace

  • Fiber + coax internet available

  • Delivered vacant at closing — ready for immediate use or reconfiguration

Location Advantages

  • Prime location off Airline Hwy & Wagner Rd with ~6,000 cars/day

  • Easy access to Hwy 218, Hwy 63, airport, and rail

  • Strong surrounding industrial presence

  • Ideal for logistics, manufacturing, machine shop, distribution, or multi-tenant conversion

  • Billboard revenue opportunity on site

  • Zoning: M2 – Manufacturing

Investment Notes

  • For Sale: $1,100,000 (~$47.70/SF)

  • Lease Option: $4.50/SF NNN

  • Assessed value: $598,000

  • 2024–2025 Taxes: $15,018

  • Priced well below replacement cost

This is a rare large-scale industrial opportunity with flexible layout options, modern infrastructure, and unbeatable accessibility. Whether you’re expanding operations, relocating, or seeking a high-performing investment, 3050 Wagner Rd checks every box.

Listing Contacts

JH
IA S68688000
Berkshire Hathaway HomeServices One Realty Centre Waterloo
Listed by Berkshire Hathaway HomeServices One Realty Centre Waterloo

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Additional Information

Name
Jared Hottle
License
S68688000
Brokerage Phone
3192885382
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