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About This Home

This 0-bedroom, 0-bathroom commercial at 805 W Bremer Avenue in Waverly, IA is listed for $755,000. Built in 1968, on a 0.21 acres lot.

Agent 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.

Key Features

  • Built in 1968
  • 0.21 acre lot

Property Details

1968

Amenities

A/C

Monthly Cost Estimate

$4,038/mo

20% down · 6.5% · 30 years

Principal$546
Interest$3,272
Insurance$220

Estimates only. Actual payments may vary.

Location

805 W Bremer Avenue

Waverly, IA 50677

Property Details

Flooring

Concrete

Construction

Block

Heating

Forced AirRadiantNatural Gas

Cooling

Multi UnitsCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 805 W Bremer Avenue is listed at $755,000. The estimated monthly payment is $3,272 based on 20% down at 6.5% interest.

Key features include: Built in 1968, 0.21 acre lot.

This property is listed by Timothy Lalk and can be reached at 3195049351 or timlalk@c21sre.com.

TL

Timothy Lalk

Agent at Century 21 Signature Real Estate-Waverly

(319) 504-9351

Listed by Century 21 Signature Real Estate-Waverly

MLS# 20261588· Source: listhub· Updated 45 days ago

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

805 W Bremer Avenue, Waverly, IA 50677

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