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Investment Highlights

  • Convenient location between Collins Road and Blairs Ferry Road.
  • Established northeast Cedar Rapids office setting.
  • Professional retail building constructed in 1997.
  • Easy access to Interstate 380 and regional transportation routes.
  • Near dining, retail, and entertainment amenities.
  • Positioned within a major Eastern Iowa business corridor.

Executive Summary

Prime commercial opportunity in one of Waverly's fastest-growing business corridors! Located on highly visible 4th Street, this property offers exceptional exposure along a four-lane frontage road directly across from the Chevrolet dealership and just down from major national retailers including Aldi, Starbucks, Taco Bell, Applebee's, Walmart, and more. The property includes approximately 0.7 acres, with the seller willing to provide additional land if needed, offering flexibility for future expansion. The building features an attractive showroom, five private offices, a break room, and an attached garage/storage area, making it well-suited for a variety of retail, office, or service-based businesses. Whether you're expanding an existing business or investing in one of Waverly's premier commercial locations, this property offers the visibility, accessibility, and growth potential to help your business succeed

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,200 SF
Building Class
C
Year Built
1994
Price
$679,900
Price Per SF
$212.47
Percent Leased
100%
Building Height
1 Story
Building FAR
0.01
Lot Size
6.48 AC
Zoning
C - Commercial

Amenities

  • Storage Space
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Ww (weight Watchers)
Caribou Coffee
Hy-Vee
Applebee's
  • Listing ID: 41447357

  • Date on Market: 7/27/2026

  • Last Updated:

  • Address: 1510 4th St SW, Waverly, IA 50677

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