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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.
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
Amenities
Monthly Cost Estimate
$4,038/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
805 W Bremer Avenue
Waverly, IA 50677
Property Details
Flooring
Construction
Heating
Cooling
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.


