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Remodeled Medical Office Space
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2024 NW 3rd Avenue, Waverly, IA 50677

Updated commercial suite with off-street parking and a flexible layout for professional or medical office use.

Property Size4,340 SF
Price / SF$0.01
Days on Market2

Property Features for 2024 NW 3rd Avenue

General Information

Standard status Active
Size 4,340 SF
Property subtype Commercial
Zoning Commercial
Lease Type Net

Taxes and HOA fees

Annual Taxes $10,012

Amenities

Corner Lot,City Street
0.45
4340

Building Details

Building Size 4,340 SF
Year Built 1977
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Nicki Kramer
Source: Pinnaclerealtyia
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 1:11PM

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 SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

This 2,280-square-foot medical office property in Waverly features a recently remodeled interior with an updated layout. The space was previously configured for dental use and can remain in its current arrangement or be adapted to suit other professional office requirements. Commercial zoning supports its existing office orientation and provides a straightforward framework for continued commercial use.

The property occupies a corner lot along a city street at 2024 NW 3rd Avenue, with convenient off-street parking. Built in 1977 and subsequently remodeled, the building combines an established structure with refreshed interior functionality. Its configuration may accommodate medical, professional services, or general office operations, subject to applicable requirements.

Key Highlights

  • 2,280 SF recently remodeled medical office space
  • Previously configured as a dental office
  • Flexible layout can remain as configured or be adapted

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

246
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?
Medical Office Space - Updated commercial suite with off-street parking and a flexible layout for professional or medical office use.
Where is this medical office space located?
The property is located at 2024 NW 3rd Avenue Waverly, IA.
What are key features of this property?
This property features: 2,280 SF recently remodeled medical office space; Previously configured as a dental office; Flexible layout can remain as configured or be adapted
More about this property
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