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Flex Space with Overhead Door
For Lease
$9 SF/Yr

190 20th St NW, Waverly, IA 50677

COMMERCIAL - Waverly, IA

Space SizeContact for details
Lot Size6.00 Acres
Days on Market1390

Property Features for 190 20th St NW

General Information

Property type Commercial Lease
Property subtype Office
Zoning S-1
Subdivision WILLOW LAWN MALL
Directions Located in Willow Lawn Mall in Northwest Waverly.
Standard status Active
APN 0904230014
Lot size 6.00 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description Actual legal description to be taken from abstract
Tax Annual Amount 93754
Legal Description Actual legal description to be taken from abstract

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1969
Listing Agency: Century 21 Signature Real Estate-Waverly · Century 21 Real Estate
Listed By: Michael Sheehan · License #B16903
Added: Oct 20, 2022 Changed: Aug 4 Last Checked: Aug 9 at 1:06AM
MLS# 20224938

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.

Investment Insights

Based on property information with market context.

This flex space offers a functional mix of warehouse and office features, with two finished offices and multiple access points. The building includes a double entry front door, an overhead door, and a separate walk-in door at the rear. Ceiling height is 14 feet, supporting a range of light industrial and workspace uses.

Set on 6 acres and zoned S-1, the property is supported by forced-air heating with natural gas and central air conditioning, along with public sewer. Built in 1969, the space has been used as both a warehouse and office.

The layout can be configured for flexible occupancy, with the ability to rent the space as a whole or consider smaller unit options based on layout preferences.

Key Highlights

  • S‑1 zoning on a 6‑acre parcel
  • Warehouse‑and‑office setup with two finished offices
  • 14‑foot ceiling height

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Auto Repair Shop Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50677, IA

12,789
Population
5,053
Households
2.5
Avg Household Size
37
Median Age
41%
College-Educated
95%
High-School Grad
128.6 sq mi
ZIP Area
99
Density / Sq Mi
$82,950
Median Household Income
$39,065
Median Earnings
$880
Median Rent
$221,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space on S-1 zoned acreage with central air, finished offices, and rear walk-in access.
Where is this flex space located?
The property is located at 190 20th St NW Waverly, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: S‑1 zoning on a 6‑acre parcel; Warehouse‑and‑office setup with two finished offices; 14‑foot ceiling height
More about this property
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