Looking for a solid investment in a prime Waverly location? This commercial building on Bremer Avenue offers great potential with both retail/office space and an upstairs apartment rental. The main level features a storefront or office area, plus additional office or storage space in the back, a private bathroom, and basement access. Upstairs, a 1-bedroom, 1-bathroom apartment provides steady rental income. While the building could use some TLC, both units are rented, making this a great opportunity for an investor looking to add value and maximize returns. Don’t miss out on this affordable chance to own commercial property in a high-visibility location—schedule your showing today!
MLS ID #:
NBR20250742
Property Address:
117 W Bremer Ave Waverly, IA 50677
County:
Bremer
Region:
Outside the Metro Area
Location:
Downtown
Year Built:
1888
Property Type:
Commercial Sale
Sub-Type:
Office/Retail
Land Use:
Office, Retail, Other
Building Description:
2 Story, Basement
Date Listed:
February 25th, 2025
Status:
Active
Price:
$99,900.00
Gross Taxes:
$1,464.00
Tax Year:
2023
Gross Income:
$975.00
Net Op Income:
$975.00
Multi-Tenant:
Yes
Tenant Responsible:
Gas, Electricity, Water/Sewer
Sale/Rent:
For Sale
For Lease:
No
Terms/Lease:
Month To Month
Sale/Lease Type:
Normal Sale
Lease $/Month:
$975.00
For Sale:
Yes
Zoning:
Com/Res
Legal Desc:
02-91-14 WM STURDEVANT W 1/3 LOT 3 BLK 1
Off-Street Parking:
0.00
Sprinkler:
No
Total Building Sq Ft:
2,174 sq ft
Office SqFt:
1,294 sq ft
Retail SqFt:
880 sq ft
Lot Sq Footage:
2,926
Acres:
0.07
Frontage/Access:
City Street, State Road
Roof Type:
Membrane
Common Area:
No
Utilities Available:
Electricity Available, Gas, Water Available, Sewer Available
Sewer Type:
City Sewer
Heating:
Forced Air, Gas, Electric
Cooling:
Central Air, Other
Listing provided courtesy of Century 21 Signature Real Estate-Waverly. Listing Agent: David Kelm
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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