Build-to-Suit Office
New
For Lease
$10 SF/Yr
195 NW 20th Street, Waverly, IA 50677
Commercial Lease, Waverly, IA
Space Size3,648 SF
Lot Size6.00 Acres
Days on Market2
Property Features for 195 NW 20th Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
Commercial
Directions
Use google maps
Standard status
Active
APN
0904230014
Lot size
6.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
04-91-14 WILLOW LAWN 1ST ADD LOTS 1 THRU 5 BLK 2 "EX S & E FR PTS" & "EX PARCEL C"
Tax Annual Amount
123970
Legal Description
04-91-14 WILLOW LAWN 1ST ADD LOTS 1 THRU 5 BLK 2 "EX S & E FR PTS" & "EX PARCEL C"
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1969
Listing Agency:
Century 21 Signature RE · Century 21 Real Estate
(319) 352-1157
Listed By:
Timothy Lalk · License #S71966000
(319) 504-9351
Added: Aug 28
Changed: Aug 29
Last Checked: Aug 29 at 8:06PM
MLS# 20264146
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 office unit provides 3,648 square feet of commercial space within a flexible configuration that can be adapted to a tenant’s operational requirements. Build-to-suit options are available, supporting customization for an office, medical practice, retail operation, showroom, service business, or another commercial use. The property has central air conditioning, forced-air heat, and natural gas service.
The property is located at 195 NW 20th Street in Waverly, Iowa, within a 6-acre commercial site. Originally built in 1969, the building is zoned Commercial. The combination of adaptable space, build-to-suit capability, and multiple stated commercial applications provides a practical setting for a business seeking a customizable office-oriented location.
The property is located at 195 NW 20th Street in Waverly, Iowa, within a 6-acre commercial site. Originally built in 1969, the building is zoned Commercial. The combination of adaptable space, build-to-suit capability, and multiple stated commercial applications provides a practical setting for a business seeking a customizable office-oriented location.
Key Highlights
- 3,648 SF commercial office unit
- Build‑to‑suit customization options available
- Commercial zoning
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Waverly, IA
$12.4 /SF/Yr
Avg Asking Price
$9–$16 /SF/Yr
Price Range
42,125 SF
Avg Space Size
This space is priced 19% below the average of $12.4 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercially zoned space offers a flexible layout for office, medical, retail, showroom, or service applications.
Where is this office units located?
The property is located at 195 NW 20th Street Waverly, IA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 3,648 SF commercial office unit; Build‑to‑suit customization options available; Commercial zoning
