Courtesy: Century 21 Signature Real Estate-Waverly
319-352-1157
This commercial real estate package features two side-by-side historic buildings at 120 and 122 E Bremer Avenue in the heart of downtown Waverly. Offered as a combined sale, these highly visible properties provide a premier downtown footprint with exceptional income-producing potential and long-term upside for investors or owner-occupants. The main floor consists of multiple commercial units with strong storefront exposure along one of Waverly's busiest downtown corridors, creating opportunities for diversified rental income or owner-occupied business space. Below, the expansive basement level offers substantial usable space ideal for storage, workshops, future tenant amenities, or additional redevelopment possibilities. The second floor features six apartment units, providing an established residential income stream above the commercial spaces. Adding even more value, the third floor includes vacant space ready for conversion into additional apartments, creative studios, event space, or a custom vision tailored to market demand. Acquiring both adjacent storefront buildings doubles your main-street presence and creates a rare mixed-use investment opportunity with multiple income streams, redevelopment potential, and significant room for future growth. This property blends high-traffic commercial real estate, residential rentals, and untapped expansion space in one of Northeast Iowa's most desirable downtown locations.
Courtesy: Century 21 Signature Real Estate-Waverly
319-352-1157
Positioned in the heart of a thriving community directly across from Wartburg College, this property offers a rare opportunity to own a high-visibility, mixed-use asset with significant upside potential. Whether you continue operating the existing multi-office layout or reimagine the main level into a dynamic space designed to serve the evolving needs of the community and campus, the possibilities are wide open. The second floor features five residential units — four 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment — providing steady rental income. Tenants enjoy access to a shared coin-operated laundry area, and each apartment is separately metered for added efficiency and ease of management. Major capital improvements include a new rubber roof (2024), updated windows (2019), and new furnaces and central air units (2014), offering peace of mind for years to come. This is a unique opportunity to invest in a prime location with built-in demand and long-term growth potential. Schedule your private showing today and explore the possibilities.
Courtesy: Fischels Commercial Group
319-234-5000
Secure a premier professional presence in the heart of downtown Waverly with this exceptional 2,176 sq. ft. office suite at 94 E Bremer Avenue. This high-visibility location offers maximum exposure on the city’s main thoroughfare, perfectly blending historic charm with modern functionality. The interior is thoughtfully designed for a professional firm, featuring multiple private offices for confidential work and a dedicated conference room. The versatile layout also includes a welcoming reception area and flexible workspace for support staff, all brightened by large storefront windows that offer excellent natural light and signage opportunities. Situated steps from local dining, banking, and the Cedar River, this move-in-ready space is an ideal fit for legal, financial, or creative services looking to thrive in a vibrant community.
Courtesy: Fischels Commercial Group
319-234-5000
Presenting a highly versatile leasing opportunity in the dynamic Waverly, IA market. This generous 1,800 square foot commercial space provides the ultimate blank canvas for tenants seeking complete control over their build-out, layout, and finishes. As a well-positioned interior suite, the space is perfectly suited for specialized office environments, professional services, medical tenants, or destination retail that benefits from a controlled, dedicated interior setting. Located on a well-established commercial corridor, the property offers excellent accessibility and ample shared parking, ensuring convenience for both staff and clientele. NNN expenses estimated at $5.05 PSF.
Courtesy: Vine Valley Real Estate
319-249-5468
Located in the heart of Waverly’s bustling downtown, this former bank building offers a prime professional office space with endless potential for a variety of businesses. Overlooking the scenic river, the property combines a picturesque setting with exceptional functionality, featuring private parking for clients and staff. Its versatile layout can be tailored to meet the needs of offices, retail, or specialty services, making it an ideal spot to establish or grow your business in a vibrant and highly visible location. Lower level: board room, technology room, break area, large storage space, very clean!
Courtesy: RE/MAX Alliance
319-984-5600
30'x50' insulated unfinished storage unit. Water, sewer, electrical and floor drain included. Cable and natural gas available. See Associated Doc's for Sugar Beet Condominiums Info and Amenities. Listing agent is the manager for Sugar Beet, LLC.
Courtesy: RE/MAX Alliance
319-984-5600
30'x50' insulated unfinished storage unit. Water, sewer, electrical and floor drain included. Cable and natural gas available. See Associated Doc's for Sugar Beet Condominiums Info and Amenities. Listing agent is the manager for Sugar Beet, LLC.
Courtesy: RE/MAX Alliance
319-984-5600
30'x50' insulated unfinished storage unit. Water, sewer, electrical and floor drain included. Cable and natural gas available. See Associated Doc's for Sugar Beet Condominiums Info and Amenities. Listing agent is the manager for Sugar Beet, LLC.
Courtesy: RE/MAX Alliance
319-984-5600
30'x50' insulated unfinished storage unit. Water, sewer, electrical and floor drain included. Cable and natural gas available. See Associated Doc's for Sugar Beet Condominiums Info and Amenities. Listing agent is the manager for Sugar Beet, LLC.
Waverly is located in Iowa. Waverly, Iowa has a population of 10,278. Waverly is less family-centric than the surrounding county with 27.28% of the households containing married families with children. The county average for households married with children is 31.71%.
The median household income in Waverly, Iowa is $70,688. The median household income for the surrounding county is $76,782 compared to the national median of $69,021. The median age of people living in Waverly is 33.3 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 8.1 degrees. The average rainfall is approximately 35.3 inches per year, with 34.2 inches of snow per year.
