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Historic Storefront with Loft
For Sale
$295,000

121 E Bremer Avenue, Waverly, IA 50677

Downtown commercial building with period detailing, updated systems, two bathrooms, and a kitchenette.

Property Size2,896 SF
Price / SF$101.86
Days on Market48

Property Features for 121 E Bremer Avenue

General Information

Standard status Active
Size 2,896 SF
Property subtype Commercial
Zoning C-2A

Taxes and HOA fees

Annual Taxes $3,214

Amenities

hardwood floors
maple wood flooring
tin-tile ceiling
exposed brick
2 bathrooms
loft area
kitchenette
updated electrical, lighting, and plumbing
rubber roof
front windows
Wood,Carpet
0.07
2896

Building Details

Building Size 2,896 SF
Year Built 1920
Buildings 1
Listing Agency: RE/MAX Concepts - Cedar Falls
Listed By: Emmaleigh Buck
Source: Pinnaclerealtyia
Added: Aug 30 Changed: Oct 15 Last Checked: Oct 16 at 7:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Concepts - Cedar Falls

Rey
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Investment Insights

Based on property information with market context.

This 2,896-square-foot storefront property combines a 1920 building shell with preserved interior character. The main level and loft feature hardwood and maple flooring, complemented by a tin ceiling and exposed brick. The layout includes two bathrooms, a loft area, and a kitchenette, providing a practical starting point for occupancy after minor adjustments.

Significant improvements include updated electrical, lighting, and plumbing, along with a rubber roof and replacement front windows. The property is zoned C-2A and sits at 121 E Bremer Avenue in downtown Waverly, Iowa.

Key Highlights

  • 2,896‑square‑foot storefront property in downtown Waverly
  • Built in 1920 with hardwood and maple flooring
  • Loft area, 2 bathrooms, and kitchenette

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Building Supply Storage Facility

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

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Downtown commercial building with period detailing, updated systems, two bathrooms, and a kitchenette.
Where is this storefront property located?
The property is located at 121 E Bremer Avenue Waverly, IA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2,896‑square‑foot storefront property in downtown Waverly; Built in 1920 with hardwood and maple flooring; Loft area, 2 bathrooms, and kitchenette
More about this property
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