202 W Water Street, Decorah IA 52101


Agent Remarks

  • Business Opportunity Available! Magpie birds may collect shiny objects, but Magpie Cafe and Coffee House collects great friends and fond memories. Magpie was the very first coffee house in Decorah. Established in 1996, Magpie has continually been a favorite spot for quick morning breakfasts on the go, a casual sit down lunch with friends, a quiet space of your own to finish that term paper, and so much more. Magpie has continued to grow and change since then - even moving to the 4,280 square foot location it now calls home. Always adapting, the current owner recently expanded the online ordering and web presence for the business as well as remodeled the space to add 40+ more seating spots and increase efficiency for customers. Magpie is known for their fresh, made from scratch menu items, friendly service, and their cozy environment. And don't forget about the COFFEE! Magpie serves a variety of drinks made with locally roasted coffee. With a prominent location in the heart of Downtown Decorah, the next owner of this charming cafe will have a great foundation to continue to grow this vibrant business! Call today to learn more about this wonderful, downtown business opportunity! *Real estate is not included.


  • Property TypeCommercial
  • Sub-typeRetail
  • Sale / RentFor Sale
  • Sale TypeNormal Sale
  • StatusACTIVE
  • CountyWinneshiek
  • Year Built1900
  • Date ListedDec 11, 2020
  • Days on Market47
  • OccupantNo
  • ZoningC-3
  • Legal Descn/a
  • MLS ID20206075


  • Total Building Size4,280 sq ft
  • Total Available Size4,280 sq ft
  • Available Retail Size4,280 sq ft
  • Lot Size2,166 sq ft
  • Lot Acres0.05 acres


  • SewerCity Sewer
  • SprinklerNo
  • MiscellaneousClose to Shopping
  • Multi-tenantNo
  • Common AreaNo


  • Sale / Lease IncludesBusiness, Equipment, Furniture, Inventory, Trade Fixtures
  • Tax Yearn/a
  • InvestmentYes
  • Potential UseOther Potential Uses, Retail