620 Bremer AveWaverly, IA 50677

Property Details for 620 Bremer Ave

Year built

2007

Lot size

0.85 AC

Property size (Sq ft)

6,133 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

09-03-245-011

APU

903245011

Description

This exceptional retail strip center, located at 620 W Bremer Ave in Waverly, Iowa, presents a fantastic leasing opportunity. The property boasts a total of 6,135 square feet, with 3,535 square feet currently available for lease. This versatile space is ideal for a variety of retail uses, offering a flexible layout adaptable to diverse business needs. The building is well-maintained and features an attractive storefront, ensuring a positive first impression for customers. Ample parking is provided, with a total of 20 spaces available for tenants and their patrons, ensuring convenient access and ample customer parking. The property's location in Waverly, IA, 50677, offers excellent visibility and accessibility, situated within a bustling commercial district. This prime location provides significant potential for increased foot traffic and business exposure. The property is classified as a multi-tenant strip center, offering a vibrant and collaborative environment for businesses. Don't miss this chance to establish or expand your retail presence in this thriving Iowa community. The available space is ready for immediate occupancy, providing a seamless transition for your business operations. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,484,052

  6.5%

  $1,369,894

  7%

  $1,272,045

• Comparable approach

  Method

  Valuation

  Relative Method

  $788,831

  Geo Method

  $788,831

• Alternative Use

  Use

  Valuation

  Residential

  $1,155,557

  Hospitality

  $1,058,484

  Educational

  $880,646

  Medical

  $910,933

  Retail

  $1,369,894

Location Insight

City

Waverly

County

Bremer

State

Iowa

Latitude

42.7262

Longitude

-92.479

CBSA code

47940

CBSA name

WATERLOO-CEDAR FALLS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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