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Listed by Joseph Gavle • AJ Realty, Inc.
$ 449,000
Est. payment /mo
Pending
309 E Water ST Decorah, IA 52101
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20263432
Year Built 1874
Annual Tax Amount $7,772
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Office/Retail
Property Description
Own a piece of Decorah's history with this stunning two-story commercial and residential building, originally built in 1874. Rich in character and thoughtfully updated, this one-of-a-kind property offers the perfect blend of historic charm and modern convenience just one block from downtown Decorah. The main level has most recently operated as a successful retail space, offering excellent visibility and flexibility for a wide variety of business ventures. Whether you're dreaming of a boutique, gallery, office, café, or another commercial concept, this versatile space is ready for your vision. The upper level was completely renovated in 2014 and features a beautifully designed 2-bedroom, 2-bath living space with high-quality finishes throughout. Most recently operated as a successful short-term rental, it also offers the perfect opportunity for owner-occupancy, long-term rental income, or a stylish downtown residence. Additional features include an attached two-car garage, off-street parking, a spacious upper-level deck ideal for relaxing or entertaining, and an abundance of storage throughout the property. Whether you're looking to invest, operate a business with living quarters above, or own an iconic piece of Decorah real estate, 309 E Water Street presents an exceptional opportunity in one of Northeast Iowa's most beloved communities. Listing agent is related to Seller.
Location
State IA
County Winneshiek
Zoning C-3
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available
View Y/N true
Roof Type Composition Shingle
Building
Lot Description Close to Shopping
Sewer Public Sewer
Structure Type Brick,Stone
Others
Ownership LL Corp
Acceptable Financing NBR20263432
Listing Terms NBR20263432
Special Listing Condition Normal Sale
