COMMERCIAL

120 E Water Street, Decorah IA 52101

$339,000

Agent Remarks

  • Turn-key business and building in downtown Decorah! Great opportunity to continue the Ruby's brand on the main floor or recreate the space for your own ventures. Thriving 3 bdrm (4 bed) Air B&B located above the business called Ruby's Apartment. Being located on Decorah's Water Street, let your business enjoy the high daily traffic volume! Opportunity to acquire the Ronnie's Rolls Trademark - contact an agent for specifics. https://www.airbnb.com/rooms/50224899?source_impression_id=p3_1636474384_%2BgXxrZ15vYTTpjVz&guests=1&adults=1

Overview

  • Property TypeCommercial
  • Sub-typeOffice/Retail
  • Sale / RentFor Sale
  • Sale TypeNormal Sale
  • StatusACTIVE
  • CountyWinneshiek
  • Year Built1900
  • Date ListedNov 08, 2021
  • Days on Market1
  • Gross Taxes$5,798
  • OccupantNo
  • ZoningC-3
  • Legal DescLot 5 of 2 Blk 2 Orig Decorah
  • MLS ID20215342

Size

  • Total Building Size2,288 sq ft
  • Total Available Size2,288 sq ft
  • Avl Mnf / Warehouse Size1,144 sq ft
  • Available Retail Size1,144 sq ft
  • Lot Size2,508 sq ft
  • Lot Acres0.06 acres

Building

  • HeatingForced Air, Gas
  • CoolingCentral
  • SewerCity Sewer
  • Utilities On SiteElectric, Gas, Phone, Sewer, Water
  • SprinklerNo
  • Floor ConstructionCarpeted, Other Floor Construction
  • Roof ConstructionMembrane
  • Exterior finishBrick
  • Parking Spaces2
  • Building Description2 Story, Basement
  • Multi-tenantYes
  • Common AreaNo
  • Frontage / AccessCity Street

Other

  • Sale / Lease IncludesBuilding, Business, Equipment, Furniture, Land
  • PossessionAt Closing
  • Tenant PaysN/A
  • Tax Year2020
  • Tax IncentiveIn City Limit
  • InvestmentYes
  • Potential UseOther Potential Uses, Retail