COMMERCIAL

121 W Water, Decorah IA 52101

$211,900

Agent Remarks

  • One of Decorah's original retail establishments built in 1856 located in a prime central downtown Decorah location on W Water St. BRAND NEW 30 YEAR MEMBRANE ROOF installed in July 2020. Three windows upstairs, facing Water St. are being replaced. Main floor has been wide open retail and has a bathroom and small office. Second floor has unfinished storage and an apartment that was last rented in the 1980's Main floor has historic tin ceiling above the suspended ceiling. Seller willing to negotiate! Make this opportunity yours!

Overview

  • Property TypeCommercial
  • Sub-typeRetail
  • Sale / RentFor Sale
  • Sale TypeNormal Sale
  • StatusACTIVE
  • CountyWinneshiek
  • Year Built1856
  • Date ListedAug 11, 2020
  • Days on Market108
  • Gross Taxes$4,655
  • OccupantNo
  • ZoningC - Commer
  • Legal DescL 10 N 1/2 OF BLK 12 & E 1' LOT 11 ORIG DECORAH BLK 12
  • MLS ID20203996

Size

  • Total Building Size4,560 sq ft
  • Total Available Size4,560 sq ft
  • Available Retail Size2,280 sq ft
  • Lot Size2,280 sq ft
  • Lot Acres0.05 acres

Building

  • HeatingHot Water, Space Heater
  • CoolingIndividual Units
  • SewerCity Sewer
  • Utilities On SiteElectric, Gas, Sewer, Water
  • SprinklerNo
  • Wall ConstructionBrick
  • Floor ConstructionCarpeted, Wood
  • Roof ConstructionFlat, Membrane
  • Exterior finishStucco
  • GaragesNo
  • Building Description2 Story
  • Multi-tenantNo
  • Common AreaNo
  • Frontage / AccessCity Street
  • Nearest HighwayHighway 9

Other

  • Sale / Lease IncludesBuilding
  • PossessionAt Closing
  • Tax Year2018
  • InvestmentYes
  • Potential UseOffice, Retail