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Improved Commercial Land for Sale in Waverly, Iowa

2220 SW 4th St, Waverly, IA 50677

$3,200,000
19.7 acres
Active
$200k drop
Est $17,222/mo

Transform Your Portfolio with a Prime Investment Opportunity in Waverly! Don't miss this chance to own the largest-prime commercial property in Waverly's rapidly growing district. This 19.65-acre site offers exceptional potential and flexibility, whether you're an investor, developer, or business owner. Strategically located with Fourth Street frontage, dedicated turning lanes, and direct access to Highway 218, this property ensures unmatched visibility and accessibility. It's ideally nestled among high-traffic retail and dining destinations-including the newly-built Starbucks, Taco Bell, and Aldi's-making it a magnet for consumer attention. Not ready to develop the entire 19.65 acre's? No problem! Pick the area that fits your vision and sell the rest. This is an investor's dream-maximize returns with multiple development options. Secure your place in one of the region's most dynamic corridors and bring your vision to life!

16,100
Sq feet
1973
Built

Location

Street address
2220 SW 4th St
Elevation
974 feet
Coordinates
42.7035, -92.4775

Property details

Acreage
19.65 acres
Zoning
C-2 / M-2
MLS #
WCFBOR 20253266
Posted

Property taxes

2023
$18,513 - 10-91-14 WAL-MART 1ST ADD LOT 5 BLK 1

Parcels

  • 0910400057

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Office
Franchise
Century 21 Real Estate

Structure

Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Cooling
Central Air
Materials
Steel/ST Fram
Roof
Metal

Interior

Flooring
Concrete

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Nov 8, 2025Price drop$3,200,000$200,000 -5.9%WCFBOR
July 10, 2025New listing$3,400,000WCFBOR
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This 19.65-acre property is located at 2220 SW 4th St in Waverly, IA 50677. The property is available for sale for $3,200,000. It has a 16,100 sq ft structure built in 1973.

Checked 31 mins ago — Updated

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Copyright (C) 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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