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Showroom Office Building with Attached Garage
For Sale
$679,900

1510 SW 4th Street, Waverly, IA 50677

Commercial Sale, Waverly, IA

Property SizeContact for details
Lot Size0.70 Acres
Days on Market51

Property Features for 1510 SW 4th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning C
Directions Use google maps
Standard status Active
APN 0910276014
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 10-91-14 N FR 404.83' E 909.36' S 30 AC NE 1/4 E OF RR "EX TR 373' X 254'" & "EX RD ROW"
Tax Annual Amount 20580
Legal Description 10-91-14 N FR 404.83' E 909.36' S 30 AC NE 1/4 E OF RR "EX TR 373' X 254'" & "EX RD ROW"

Utilities

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

Building Details

Year built 1994
Roof type Metal
Listing Agency: Century 21 Signature Real Estate-Waverly · Century 21 Real Estate
Listed By: Timothy Lalk · License #S71966000
Added: Jul 6 Changed: Aug 19 Last Checked: Aug 25 at 10:06PM
MLS# 20263052

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 property is a showroom-style office building configured with five private offices, a break room, and an attached garage/storage area. The layout supports a range of retail, office, and service-oriented uses that benefit from a showroom component.

Located on a highly visible four-lane frontage road on 4th Street in Waverly, it sits directly across from a Chevrolet dealership and just down from several major national retailers, including Aldi, Starbucks, Taco Bell, Applebee’s, and Walmart.

The site is approximately 0.7 acres, and the seller is willing to provide additional land if needed, offering flexibility for future expansion. Zoning is listed as C.

Key Highlights

  • Commercial property on highly visible 4th Street with four‑lane frontage road frontage across from a Chevrolet dealership
  • Approx. 0.7‑acre site with seller willing to provide additional land for future expansion
  • Building includes an attractive showroom, five private offices, and a break room

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Storage Facility Kitchen & Bath Showroom Spa & Massage Center

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

228
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Showroom office building with five private offices, break room, and attached garage/storage on a highly visible four-lane frontage road.
Where is this office building located?
The property is located at 1510 SW 4th Street Waverly, IA.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Commercial property on highly visible 4th Street with four‑lane frontage road frontage across from a Chevrolet dealership; Approx. 0.7‑acre site with seller willing to provide additional land for future expansion; Building includes an attractive showroom, five private offices, and a break room
More about this property
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