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2221 4th St SW 4,992 SF 100% Leased Retail Building Waverly, IA 50677 $579,900 ($116.17/SF)
Executive Summary
Prime Commercial Opportunity on 4th Street in Waverly! Don't miss this opportunity to own a highly visible commercial property in one of Waverlys fastest-growing corridors. Formerly a veterinary clinic, this versatile building offers excellent potential for a variety of business or investment uses. Positioned along busy 4th Street with dedicated turning lanes and convenient access to Highway 218, the property benefits from outstanding visibility and accessibility. The location is surrounded by major national retailers and restaurants including the newly built Starbucks, Taco Bell, Aldi, and sits directly across the street from Walmart and next to Kwik Star creating strong daily traffic and exceptional exposure for any business. The property also features convenient parking in both the front and rear of the building, providing easy access for customers and staff. Take advantage of this prime location in one of the regions most active commercial areas and bring your vision to life.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,992 SF
Building Class
C
Year Built
1898
Price
$579,900
Price Per SF
$116.17
Percent Leased
100%
Building Height
1 Story
Building FAR
0.25
Lot Size
0.45 AC
Zoning
C-2 - General Commercial District
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-11-300-026 | Improvements Assessment | $144,720 |
| Land Assessment | $169,500 | Total Assessment | $314,220 |
Property Taxes
Parcel Number
09-11-300-026
Land Assessment
$169,500
Improvements Assessment
$144,720
Total Assessment
$314,220
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2221 4th St SW