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Medical Office Building with Parking
For Sale
$579,900
Pending

2221 SW 4th Street, Waverly, IA 50677

Commercial Sale, Waverly, IA

Property SizeContact for details
Lot Size0.45 Acres
Days on Market192

Property Features for 2221 SW 4th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning C-2
Directions Use google maps
Standard status Pending
APN 0911300026
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 11-91-14 PARCEL F SW SW "EX W FR PT"
Tax Annual Amount 8252
Legal Description 11-91-14 PARCEL F SW SW "EX W FR PT"

Utilities

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

Building Details

Year built 1898
Roof type Composition
Listing Agency: Century 21 Signature Real Estate-Waverly · Century 21 Real Estate
Listed By: Timothy Lalk · License #S71966000
Added: Mar 10 Changed: Sep 14 Last Checked: Sep 17 at 4:06PM
MLS# 20260945

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 medical office property includes a building formerly used as a veterinary clinic, with front and rear parking for customer and staff access. The property has central air, natural gas forced-air heating, a composition roof, water availability, and public sewer service. It was built in 1898 and is zoned C-2.

The property is located at 2221 SW 4th Street in Waverly, along a commercial corridor with dedicated turning lanes and access to Highway 218. Surrounding businesses include Walmart across the street, Kwik Star next door, and nearby Starbucks, Taco Bell, and Aldi locations. The site encompasses 0.45 acres in Bremer County.

Key Highlights

  • Medical office property formerly used as a veterinary clinic
  • 0.45‑acre site at 2221 SW 4th Street, Waverly, IA 50677
  • C‑2 zoning with public sewer and water available

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Dental Office Hair Salon Garden Center Building Supply Locksmith Electrical Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby
Well-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Commercial building with front and rear parking, central air, and convenient access to Highway 218.
Where is this medical office space located?
The property is located at 2221 SW 4th Street Waverly, IA.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Medical office property formerly used as a veterinary clinic; 0.45‑acre site at 2221 SW 4th Street, Waverly, IA 50677; C‑2 zoning with public sewer and water available
More about this property
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