Medical Office Space with Flexible
New
For Lease
$13 SF/Yr
203 NW 20th Street, Waverly, IA 50677
Commercial Lease, Waverly, IA
Space Size2,355 SF
Lot Size6.00 Acres
Days on Market2
Property Features for 203 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
Sewer type
Public Sewer
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# 20264124
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 2,355-square-foot medical office space offers an existing dental-office configuration that can serve as a foundation for a customized commercial interior. Build-to-suit options are available for tenants seeking changes tailored to their operations. The property is zoned Commercial and includes central air conditioning, natural-gas forced-air heating, and public sewer service.
Set on approximately 6 acres at 203 NW 20th Street in Waverly, the property includes convenient parking and was built in 1969. The space may accommodate medical, professional office, service, or other commercial uses, subject to applicable requirements.
Set on approximately 6 acres at 203 NW 20th Street in Waverly, the property includes convenient parking and was built in 1969. The space may accommodate medical, professional office, service, or other commercial uses, subject to applicable requirements.
Key Highlights
- 2,355 SF medical office space with an existing dental‑office configuration
- Build‑to‑suit options available for tenant customization
- Commercial zoning supports a range of commercial applications
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Under-served
Demand for This Use
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing dental-office configuration provides a practical starting point for a configurable commercial suite.
Where is this medical office space located?
The property is located at 203 NW 20th Street Waverly, IA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 2,355 SF medical office space with an existing dental‑office configuration; Build‑to‑suit options available for tenant customization; Commercial zoning supports a range of commercial applications
