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Flex Space with Overhead Door
For Lease
$9 SF/Yr CAM $2.25 /USD/SF/YR

190 20th St NW, Waverly, IA 50677

Flexible commercial space combines finished offices with warehouse functionality and multiple entry points.

Space SizeContact for details
Property Size83,000 SF
Days on Market1410

Property Features for 190 20th St NW

General Information

Standard status Active
Size 83,000 SF
Zoning S-1

Additional Details

Divisible Yes
CAM $2.25 /USD/SF/YR
Clear Height 14 ft

Taxes and HOA fees

Annual Taxes $93,754

Building Details

Building Size 83,000 SF
Year Built 1969
Listing Agency: Century 21 Signature Real Estate-Waverly
Listed By: Michael Sheehan · License #B16903
Source: Sweeneyrealestate
Added: Oct 20, 2022 Changed: Aug 29 Last Checked: Aug 29 at 6:46PM

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 Century 21 Signature Real Estate-Waverly

Investment Insights

Based on property information with market context.

Located at 190 20th St NW in Waverly, Iowa, this flex property supports both office and warehouse functions. The space includes two finished offices, a 14-foot ceiling, and a double-entry front door, with additional access provided by a rear overhead door and separate walk-in door. The building was constructed in 1969 and is designated S-1.

The entire property can be leased together, while smaller-unit configurations may also be considered. Layout options are available for adapting the space to different occupancy requirements. Its combination of finished office area, warehouse capacity, elevated ceiling clearance, and multiple access points provides a practical foundation for a range of commercial operations.

Key Highlights

  • Flex property with warehouse and office use
  • Two finished offices included
  • 14' 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

249
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 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?
Flex space - Flexible commercial space combines finished offices with warehouse functionality and multiple entry points.
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: Flex property with warehouse and office use; Two finished offices included; 14' ceiling height
More about this property
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