On June 5, 1883, Emma Cronin fatally shot John F. Stevens in room 21 on the third floor.

On May 6, 1893, the Prohibitionists of Bremer County met at the Waverly House to appoint delegates to attend the State Convention.

In 1905, the building was purchased by Dr. F. A. Osincup and became CaPhenin Chemical Company (locally known as "The Pill Factory") to manufacture medication.

In April 1953, the Chemical company was bought by investors in Eagle Grove, Iowa but the building was left vacant.

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