7,712 sqft

$729,900

805 W Bremer Avenue, Waverly IA, 50677

Price per sqft$94.64

Built in1968

Property size7,712 sqft

Property typeCommercial

Courtesy of Century 21 Signature Real Estate-Waverly, Listing Contact:

Overview

Active

Listed Apr 17, 2026

Updated Jul 18

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.

Additional information

MLS^® ID: 20261588

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.21 Acres

Other Property Details

Taxes: $12,422
Tax Frequency: Annually

Listings courtesy of IA - Northeast Iowa Regional Board of REALTORS® (NEIMLS / NEIRBR) as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Wapsie Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:54 AM UTC on 7/18/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.