107 W Water Street, Decorah IA 52101


Own a building and run your own business on one of the hottest blocks in Decorah! Near restaurants, shopping, coffee shops, and Hotel Winneshiek. This is a very well-maintained downtown Decorah building with an established business, two apartments upstairs, and an existing tenant in the basement. Building & business with inventory and fixtures, included in listing. Low maintenance rental income upstairs, as well as the basement. Building only (without business) would also be considered. Seller will share business information and building only option with interested and qualified buyers.


  • Property TypeCommercial
  • Sub-typeRetail
  • Sale / RentFor Sale
  • Sale TypeNormal Sale
  • StatusACTIVE
  • CountyWinneshiek
  • Year Built1900
  • Date ListedOct 10, 2019
  • Days on Market173
  • Gross Taxes$4,506
  • OccupantNo
  • ZoningCommercial
  • Legal Descper abstract
  • MLS ID20195519


  • Total Building Size4,840 sq ft
  • Total Available Size4,840 sq ft
  • Available Retail Size2,420 sq ft
  • Lot Size2,508 sq ft
  • Lot Acres0.06 acres


  • HeatingForced Air
  • CoolingPartial
  • SewerCity Sewer
  • SprinklerNo
  • Wall ConstructionBrick
  • Roof ConstructionMembrane
  • Exterior finishBrick
  • InsulationOther Insulation
  • GaragesNo
  • Building DescriptionMulti-Tenant, 2 Story
  • Multi-tenantYes
  • Common AreaNo
  • Frontage / AccessCity Street


  • Sale / Lease IncludesBuilding, Business, Inventory
  • Tax Year2018
  • InvestmentNo
  • Potential UseOffice, Retail

Listing provided courtesy of A & J Petersburg Agency. Mark Lovelace, listing agent.