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Brick Storefront with Loft
New
For Sale
$295,000

121 E Bremer Avenue, Waverly, IA 50677

Commercial Sale, Waverly, IA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market2

Property Features for 121 E Bremer Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-2A
Directions right downtown waverly
Standard status Active
APN 0902134013
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 02-91-14 ORIGINAL WAVERLY MIDDLE 1/3 LOT 1 BLK 1 (Exact legal description to be taken from the abstract)
Tax Annual Amount 3214
Legal Description 02-91-14 ORIGINAL WAVERLY MIDDLE 1/3 LOT 1 BLK 1 (Exact legal description to be taken from the abstract)

Utilities

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

Amenities

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

Building Details

Year built 1920
Flooring type Carpet, Wood
Building materials Brick
Roof type Flat
Listing Agency: RE/MAX Concepts - Waverly
Listed By: Romeo Djoumessi,RENE · License #S66160000
Added: Aug 28 Last Checked: Aug 29 at 10:06PM
MLS# 20264140

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 1920 brick storefront in downtown Waverly combines original architectural details with practical updates. The interior includes wood flooring, carpet, a tin-tile ceiling, exposed brick, a loft area, kitchenette, and two bathrooms. Updated electrical, lighting, plumbing, front windows, and a rubber roof add to the building’s functional improvements. The property sits on 0.07 acres at 121 E Bremer Avenue and is zoned C-2A. Forced-air natural gas heating, central air, water availability, and public sewer serve the building. Its flat roof and original storefront character create a distinct commercial setting for an owner-user or occupant seeking a dedicated downtown space.

Key Highlights

  • 1920 brick storefront at 121 E Bremer Avenue in downtown Waverly
  • 0.07‑acre property with C‑2A zoning
  • Loft area, kitchenette, and 2 bathrooms

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Auto Parts Store Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Building Supply

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Downtown commercial space with exposed brick, wood flooring, a kitchenette, and flexible occupancy potential.
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: 1920 brick storefront at 121 E Bremer Avenue in downtown Waverly; 0.07‑acre property with C‑2A zoning; Loft area, kitchenette, and 2 bathrooms
More about this property
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