Search
Downtown Office Building

124 SE 1st Street, Waverly, IA 50677

For Sale
Contact for pricing

Lower-level rooms include a boardroom, technology room, break area and substantial storage space.

Property Size12,644 SF
Price / SF$0.20
Days on Market455

Property Features for 124 SE 1st Street

General Information

Standard status Active
Size 12,644 SF
Property subtype Commercial
Zoning c

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $23,456

Amenities

board room
technology room
break area
large storage space

Building Details

Building Size 12,644 SF
Year Built 1969
Listing Agency: Vine Valley Real Estate
Listed By: Emsad Begic · License IA B56539000
Source: Sweeneyrealestate
Added: Aug 12, 2025 Changed: Nov 8 Last Checked: Aug 15 at 8:05AM

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 Vine Valley Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office building at 124 SE 1st Street in Waverly includes a lower level with a boardroom, technology room, break area and large storage area. The property was formerly a bank, and the remarks describe its lower level as clean.

The building is in downtown Waverly and overlooks a river. Private parking is available for clients and staff. The stated potential uses include office, retail and specialty services.

Key Highlights

  • Lower level has a boardroom, technology room, break area and large storage area
  • Private parking for clients and staff
  • Downtown Waverly location with a river outlook

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

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

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

685
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Lower-level rooms include a boardroom, technology room, break area and substantial storage space.
Where is this office building located?
The property is located at 124 SE 1st Street Waverly, IA.
What are key features of this property?
This property features: Lower level has a boardroom, technology room, break area and large storage area; Private parking for clients and staff; Downtown Waverly location with a river outlook
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved