$365,000 2822 University Avenue Waterloo, IA

MLS: 20172741   Type: Commercial   County: Black Hawk   City: Waterloo   Area: Black Hawk   Neighborhood: Las Margaritas Mexican Restaurant   Zip: 50702     Taxes: $14,717

Mortgage $1,714 /mo



Half Baths

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Formerly Las Margaritas Mexican Restaurant. Available For Sale ($365,000) or Lease ($3,000/Mo. Gross). Property Features Full Kitchen, Restaurant/Bar with fixtures. Outdoor patio area is nicely located on the protected side of the restaurant to feature early evening seating. Indoor seating capacity for 130 that includes a nice sized waiting area. Large Parking Field. A fine opportunity for a good restaurateur.

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Price History

5/18/2017 Listed $365,000

Lease Type Gross
Legal Description As per abstract.
Listing Area Black Hawk
Listing Status Active
Property Name/subdivision Las Margaritas Mexican Restaurant
Tax Year 2016
Type Retail
Year Built 1969
Zoning C-2

Interior Features

Available Office Sqft 0
Available Retail Sqft 3882
Avl Mnf/warehouse Sf 0
Common Area No
Total Bldg Sqft 3882

Exterior Features

# of Drive-In Doors 0
Approx Lot Size (sqft) 39334.68
Dock Doors 0
Lot Size Area 0.903
Rail Doors 0
Sprinkler? No
Tiered Sliding Yes
Total Available Sqft 3882

Property Schools

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Gallery (5 photos)

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Property vs Zip Code Avg (50702)

Price 365K Avg 133K

Sqr Feet 3,882 Avg 4,106

Cost / Sqr Ft $94 Avg $33

Taxes $14,717 Avg $17,600

Acres 0.9 Avg 0.82

Visits 66 Avg 40

Days on Site 495 Avg 177

Walkscore® 52 Avg 56

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Listing Provided Courtesy Of: Matt Miehe, CCIM with Sulentic-Fischels Commercial Group

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Location & Address

Oakridge Realtors: Licensed in Iowa
3313 Terrace Drive
Cedar Falls, IA