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Retail Suite with River Views

89 E Bremer Avenue, Waverly, IA 50677

For Lease
$1,500/Mo

An open-plan commercial space includes a private office, kitchenette, accessible restroom, and substantial storage.

Space SizeContact for details
Property Size2,871 SF
Days on Market252

Property Features for 89 E Bremer Avenue

General Information

Standard status Active
Size 2,871 SF
Zoning C-2

Space & Availability

Space Use Office
Private Offices 1

Taxes and HOA fees

Annual Taxes $2,206

Amenities

floor-to-ceiling windows
river views
open-concept design
private office
kitchenette
ADA-compliant restroom
large basement
nearby parking

Building Details

Building Size 2,871 SF
Year Built 1880
Listing Agency: AWRE - Commercial & Development
Listed By: Lindsey McEnaney · License IA S70812000
Source: Gnbrealestate
Added: Mar 3 Changed: Nov 9 Last Checked: Nov 9 at 2:09PM

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 AWRE - Commercial & Development

Rey
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Investment Insights

Based on property information with market context.

This 2,871-square-foot retail suite in downtown Waverly has an open layout framed by floor-to-ceiling windows with views of the Cedar River. The space includes a private office, kitchenette, ADA-compliant restroom, and a large basement for storage. Built in 1880, the property is zoned C-2 and has a flexible configuration suited to retail, office, or studio use.

The suite is within walking distance of downtown shops, restaurants, and community amenities. Nearby parking serves customers and staff.

Key Highlights

  • 2,871 square feet with open‑concept layout and floor‑to‑ceiling windows
  • Views of the Cedar River in downtown Waverly
  • Private office, kitchenette, and ADA‑compliant restroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service Auto Parts Store (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$0.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

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

Lease Benchmarks for Waverly, IA

$15.75 /SF/Yr
Avg Asking Price
$15–$16 /SF/Yr
Price Range
4,133 SF
Avg Space Size

This space is priced 60% below the average of $15.75 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - An open-plan commercial space includes a private office, kitchenette, accessible restroom, and substantial storage.
Where is this retail space located?
The property is located at 89 E Bremer Avenue Waverly, IA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 2,871 square feet with open‑concept layout and floor‑to‑ceiling windows; Views of the Cedar River in downtown Waverly; Private office, kitchenette, and ADA‑compliant restroom
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