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Mixed-Use Building with Apartments

805 W Bremer Avenue, Waverly, IA 50677

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For Sale

$755,000

SINGLE_FAMILY - Waverly, IA

Type:Office

Lot size:

0.21 Acres

HighLights

Prime location directly across from Wartburg College
Mixed‑use property with potential for reimagining the main level
Five residential units on the second floor providing steady rental income
Major capital improvements: new rubber roof, updated windows, and new furnaces/central air
Each apartment is separately metered
Shared coin‑operated laundry area for tenant convenience

We can help!

Contact an agent

Timothy Lalk

For Sale

$755,000

SINGLE_FAMILY - Waverly, IA

Type:Office

Lot size:

0.21 Acres

Added:: Apr 17, 2026
Days on Market:: 78
Last Refresh:: Jul 3 at 12:06 am

Property Features for 805 W Bremer Avenue

General Information

Property type: Residential
Property subtype: Office
Zoning: C-2A
Standard status: Active
APN: 0903256009
Lot size: 0.21 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 03-91-14 SUB'D SW NE LOT 1 & E 3' LOT 2 BLK 76
Tax Annual Amount: 12422

Utilities

Utilities: Water Available
Sewer type: Public Sewer
Heating system: Radiant, Natural Gas, Forced Air
Cooling system: Central Air, Multi Units

Building Details

Year built: 1968
Flooring type: Concrete
Building materials: Block
Roof type: Membrane

We can help!

Contact an agent

Timothy Lalk

Listing agent Timothy Lalk License #S71966000

Listing office Century 21 Signature Real Estate-Waverly 805 W. Bremer Ave, Cedar Falls, IA

Listing date Apr 17, 2026

MLS# 20261588

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.

HighLights

Prime location directly across from Wartburg College
Mixed‑use property with potential for reimagining the main level
Five residential units on the second floor providing steady rental income
Major capital improvements: new rubber roof, updated windows, and new furnaces/central air
Each apartment is separately metered
Shared coin‑operated laundry area for tenant convenience

Overview

This mixed-use property at 805 W Bremer Avenue in Waverly, Iowa combines office space on the main and/or lower level with residential apartments on the second floor. The current configuration includes a multi-office layout, with flexibility to continue using that setup or reimagine the main level for other uses. The second floor features five residential units: four 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Tenants share access to a coin-operated laundry area, and each apartment is separately metered.

The building is positioned in the heart of the community directly across from Wartburg College. It is zoned C-2A, supporting a mixed-use operating environment for an owner seeking to manage both commercial and residential income within the same structure.

Recent capital improvements help reduce near-term concerns. A new rubber roof was installed in 2024, windows were updated in 2019, and new furnaces and central air units were added in 2014. For tenants and operators, the combination of office and apartment space can support a range of occupancy strategies, while the separate metering and in-building laundry access support practical day-to-day management.

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Waverly
County: Bremer
State: Iowa
Longitude: -92.480819
Latitude: 42.725407

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For sale
Mixed-use properties
IA
Waverly
50677
805 W Bremer Avenue

What type of property is this?

Mixed-use property - Multi-office lower level with five residential units upstairs, separately metered, coin laundry, and recent roof and HVAC updates.

Where is this mixed-use property located?

The property is located at 805 W Bremer Avenue Waverly, IA.

What is the asking price?

The asking price for this property is $755,000.

What are key features of this property?

This property features: Prime location directly across from Wartburg College; Mixed‑use property with potential for reimagining the main level; Five residential units on the second floor providing steady rental income

805 W Bremer Avenue, Waverly, IA 50677

SINGLE_FAMILY - Waverly, IA

Property Features for 805 W Bremer Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Retail-Office Building with Parking

Mixed-Use Downtown Buildings

Updated Duplex with Separate Utilities

Waverly Multifamily Income Property

Waverly Industrial Space For Sale

Waverly Commercial Property on 4th

Mixed-Use Downtown Storefront and Apartments

Class A Apartment Community

Medical Office Space with Parking

Insulated Storage Unit with Utilities

Insulated Storage Unit For Sale

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