
$755,000 USD
Retail Property for Sale, 805 W Bremer Avenue, Waverly, Iowa 50677
- MLS#20261588
716 m² (7,712 ft²)
Listed By CENTURY 21 Signature Real Estate
The Retail Property for Sale located at 805 W Bremer Avenue, Waverly, Iowa 50677 is currently for sale. 805 W Bremer Avenue, Waverly, Iowa 50677 is listed for $755,000.
Property features
Property
- Property size:
716 m² (7,712 ft²)
Construction
- Year built: 1968
Description
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.
Location
805 W Bremer Avenue, Waverly, Iowa 50677