106 Brookeridge Drive, Waterloo, IA 50702
Black Hawk County
Key Facts
Description
Positioned in one of Waterloo’s most established commercial corridors, this fully leased multi-tenant investment property offers a rare opportunity to acquire a stabilized asset with both national and local tenancy. Anchored by a nationally recognized UPS location alongside a successful locally owned and operated restaurant, the property provides strong tenant synergy and dependable income. Located on high-traffic Kimball Avenue and just one block from San Marnan Drive, the site benefits from exceptional visibility, accessibility, and surrounding retail activity. Situated in an area with a long history of commercial success, this investment offers the combination of location, occupancy, and tenant stability investors are looking for.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1974
Living Area
8,326 sq ft
Lot Size
0.91 acres
Zoning
C-1
Days on Market
4
MLS® Listing#
20262219
Property Features
Financial Details
Annual Taxes
$37,576
Tax year 2024
Assessed Value
$983,810
Parcel Number
881303351129
Directions
Located off Kimball Ave.
Affordability Calculator
$199,800
Estimated monthly payment
$5,317/mo
Principal $799,200 · Est. interest $1,114,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waterloo, IA
- 51
- Median Days on Market
- 1,481
- Median Sq Ft
- $126
- Median Price / Sq Ft
- 173
- Active Listings
- Its price per sq ft is 5% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waterloo, IA.
Location
Points of Interest in Waterloo, IA
Showing the Waterloo area map.
Nearby Schools
Hoover Middle School
Elementary · 0.4 mi away
Blessed Maria Assunta Pallotta Middle School
School · 0.7 mi away
Columbus High School
Secondary · 0.7 mi away
West High School
Secondary · 0.9 mi away
VGM Education
School · 1.1 mi away
Waterloo Christian School
Secondary · 1.3 mi away
St Edward School
School · 1.3 mi away
Kingsley Elementary School
Elementary · 1.4 mi away
Kittrell Elementary School
Elementary · 1.5 mi away
Orange Elementary
Elementary · 1.9 mi away
Irving Elementary School
Elementary · 2.0 mi away
Lowell Elementary
Elementary · 2.2 mi away
Sacred Heart School
School · 2.3 mi away
Active Minds Early Learning Academy
School · 2.8 mi away
Black Hawk Elementary School
Elementary · 3.0 mi away
Fred Becker Elementary School
Elementary · 3.0 mi away
St John St Nicholas School
School · 3.1 mi away
Edison Elementary School
Elementary · 3.1 mi away
Immanuel Lutheran School
School · 3.2 mi away
East High School
Secondary · 3.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10551 Dysart Rd, Waterloo, IA | $710,000 | 3 | — | — |
| 3295 University Avenue, Waterloo, IA | $750,000 | — | — | 13,824 |
| 3455 Marnie Avenue Lot 2, Waterloo, IA | $802,593 | — | — | — |
| Lot 2 - 3455 Marnie Ave - Lot For Sale, Waterloo, IA | $802,593 | — | — | — |
| Bergen Drive, Waterloo, IA | $900,000 | — | — | — |
| 3538 Inverness Road, Waterloo, IA | $959,000 | 4 | 4 | 4,625 |
Moving Cost Estimate
EXIT Agents in Waterloo
Listing Courtesy: Lockard Realty Company - 3192778000
Presented by: Victoria Lockard