Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Hy-Vee
Applebee's

Property Taxes

Property Taxes

Parcel Number
09-10-276-014
Land Assessment
$584,900
Improvements Assessment
$238,050
Total Assessment
$822,950
  • Listing ID: 41447357

  • Date on Market: 7/27/2026

  • Last Updated:

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

Contact the Sale Advisor

1510 4th St SW

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}