COMMERCIAL

1111 S Paine Street, Decorah IA 52101

$478,000

Agent Remarks

  • This is a great investment opportunity! Most tenants in this building have been long term tenures. With that being said it would make this office building a property you should consider. Many improvements have made inside and out within the last few years including roof, windows and resurfaced parking lot. Handicap accessibility on East entrance, including elevator to lower level with separate bathroom in lower level hall. Call for a complete prospectus.

Overview

  • Property TypeCommercial
  • Sub-typeOffice/Industrial
  • Sale / RentFor Sale
  • Sale TypeNormal Sale
  • StatusACTIVE
  • CountyWinneshiek
  • Year Built1982
  • Date ListedJan 26, 2022
  • Days on Market1
  • Gross Taxes$16,055
  • OccupantNo
  • ZoningC-1
  • Legal DescLOTS 2-4,5,6,1-7 BLK 6 DAY & PAINES;2-1-1 -5,1-2-3-5 & 2-2-5 SE NW
  • MLS ID20220286

Size

  • Total Building Size11,094 sq ft
  • Total Available Size11,094 sq ft
  • Available Office Size8,915 sq ft
  • Lot Size31,799 sq ft
  • Lot Acres0.72 acres

Building

  • HeatingForced Air, Gas, Individual Units
  • CoolingCentral, Individual Control, Individual Units
  • SewerCity Sewer
  • Utilities On SiteElectric, Gas, Phone, Sewer, Water
  • SprinklerNo
  • Wall ConstructionFrame
  • Floor ConstructionCarpeted, Tile/Vinyl
  • Roof ConstructionComp Shingle
  • Exterior finishBrick
  • InsulationRoof,Side Walls,Sound
  • GaragesNo
  • Building Description2 Story, Free Standing, Multi-Tenant
  • Multi-tenantYes
  • Common AreaYes
  • Frontage / AccessCity Street, Paved 2 Lane
  • Nearest HighwayIowa Hwy 9

Other

  • Terms / LeaseRenewal Option,Other Terms/Lease
  • Sale / Lease IncludesBuilding, Land
  • PossessionNegotiable, Subject to Tenant Right
  • Tenant PaysNone
  • Tax Year2020
  • Tax IncentiveNone
  • InvestmentYes
  • Potential UseOffice