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Commercial Land for Sale in Hiawatha, Iowa

Tower Terrace Rd, Hiawatha, IA 52233

$378,972
1.45 acres
Active
ago
Est $3,057/mo

1.45 +/- acres. Flexibility meets opportunity. Sherman Square offers multiple development-ready commercial lots in Hiawatha, conveniently located near N Center Point Road and Tower Terrace Road. Just 0.5 miles from the I-380/Tower Terrace interchange, this site features no restrictive covenants, allowing developments to be tailored to current business needs and future expansion, while aligning with developer goals and City standards. Utilities include city sewer and water, natural gas, Linn County REC electric service, and high-speed internet via ImOn. Zoned C-4. Each lot must include on-site stormwater detention via individual detention basins. No access from Tower Terrace, access at 150 south of Tower Terrace on Anchor Drive.

Location

Street address
Tower Terrace Rd, Lot 5
Elevation
823 feet

Directions

SE Corner of Tower Terrace & Anchor Dr

Property details

Acreage
1.45 acres
MLS #
CRAAR 2600761
Posted

Details and features

Listing

Type
Commercial Sale
Franchise
Coldwell Banker Real Estate

Listing history

DateEventPriceChangeSource
Feb 2, 2026New listing$378,972CRAAR
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This 1.45-acre property is located at Tower Terrace Rd Lot 5 in Hiawatha, IA 52233. The property is available for sale for $378,972 with a price per acre of $261,360.

Checked 1 hour ago — Updated

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