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    Decorah, IA

    Decorah, IA Commercial Real Estate for Sale

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    17 properties
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    Two-Story Live-Work Building
    Updated: Jul 23
    Two-Story Live-Work Building

    309 E Water Street, Decorah, IA 52101

    $449,000
    0.20 AC lot
    Built in 1874 brick and stone two‑story live‑work building
    Main level most recently operated as retail space for flexible business use
    Upper level completely renovated in 2014 with 2 bedrooms and 2 baths
    Lot size 0.2 acres with attached two‑car garage
    Off‑street parking plus upper‑level deck for outdoor space
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    Office Building with Conference Room
    Updated: Apr 2, 2025
    Office Building with Conference Room

    1111 Montgomery Street, Decorah, IA 52101

    $1,849,500
    2.88 AC lot
    13,500 sq. ft. office or retail use space with finished office area, conference room, break room, and restrooms
    C‑1 zoning
    2.88 acres
    Built in 1974 with metal roof and carpet flooring
    Natural gas forced‑air zoned heating and central air conditioning
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    Agricultural Parcel with CRP Income
    Agricultural Parcel with CRP Income

    Middle Hesper Rd, Decorah, IA 52101

    $400,000
    31.11 AC lot

    31.11-acre parcel with pond(s), CRP acreage, and year-round access via hard-surfaced road.

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    309 E Water Street, Decorah, IA 52101

    $449,000
    2,731 sqft

    Two-story building with retail space on the main level and a renovated 2 bed, 2 bath residence above.

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    Farmland Tracts with Organic Tillable Ground
    Farmland Tracts with Organic Tillable Ground

    258th St, Decorah, IA 52101

    Contact for pricing
    78.31 AC lot

    Two-tract offering includes highly productive organic tillable farmland and recreational acreage with potential building sites.

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    Agricultural Land with Trout Stream
    Agricultural Land with Trout Stream

    2536 143rd Ave, Decorah, IA 52101

    Contact for pricing
    131.78 AC lot

    131+/- acre farmland and timber tract offered in multiple tracts with a scenic trout stream and 56+/− tillable acres.

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    Salon and Spa First-Floor Space
    Salon and Spa First-Floor Space

    303 W Water Street, Decorah, IA 52101

    Contact for pricing
    4,400 sqft

    2004-built first-floor suite with open retail area, offices and conference room, baths, laundry, and off-street parking.

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    Multi-Use Office/Retail Suite
    Multi-Use Office/Retail Suite

    1111 Montgomery Street #Suite A, Decorah, IA 52101

    $1,849,500
    13,700 sqft

    Suite A offers a finished office area with conference room, break room, and restrooms, with easy parking.

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    Adaptable Commercial Building in Decorah
    Adaptable Commercial Building in Decorah

    702 Short St, Decorah, IA 52101

    Contact for pricing
    4,500 sqft 0.70 AC lot

    4,500 SF commercial building on 0.70 acres.

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    Medical Office and Retail Suite
    Medical Office and Retail Suite

    915 Short Street, Decorah, IA 52101

    Contact for pricing
    2,350 sqft

    Move-in ready suite with large windowed front, multiple exam or office rooms, and ample parking in an anchored shopping center.

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    Warehouse Flex Space with Three Doors
    Warehouse Flex Space with Three Doors

    806 E Water Street, Decorah, IA 52101

    Contact for pricing
    3,132 sqft

    Corner warehouse/flex space offers three 14-foot overhead doors, radiant heat, floor drains, and new LED lighting.

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    Former VA Clinic Medical Facility
    Former VA Clinic Medical Facility

    915 Short St, Decorah, IA 52101

    Contact for pricing
    10,000 sqft 6.94 AC lot

    10,000 SF Class A medical facility with multi-use offices.

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    Restaurant and Lounge with Sports Bar
    Restaurant and Lounge with Sports Bar

    820 Commerce Drive, Decorah, IA 52101

    Contact for pricing
    4,400 sqft

    Long-established full-service restaurant and lounge built in 1978, featuring main-level dining and a lower-level sports bar.

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    Move-In-Ready Office and Retail Space
    Move-In-Ready Office and Retail Space

    1111 Montgomery Street, Decorah, IA 52101

    Contact for pricing
    13,700 sqft

    Finished office area with conference, break room, and restrooms, plus options for retail use with convenient parking access.

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    Dock-Access Commercial Cooler/Freezer
    Dock-Access Commercial Cooler/Freezer

    806 E Water St, Decorah, IA 52101

    Contact for pricing
    28,383 sqft

    16' x 32' commercial cooler/freezer available with rear dock door access and additional warehouse space in the building.

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    Three-Story Downtown Retail Building
    Three-Story Downtown Retail Building

    108 W Water St, Decorah, IA 52101

    $399,900

    Three-story downtown building with retail space on the main level and basement storage for added convenience.

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    Commercial Land with Drive-Thru Potential
    Commercial Land with Drive-Thru Potential

    1004 Short St, Decorah, IA 52101

    Contact for pricing

    Land available for sale, lease, or build to suit.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Decorah, IA, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

    Off-Market Properties in Decorah, IA

    Consider similar Off-Market properties in Decorah, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    107 Broadway St
    WAREHOUSE, STORAGE

    107 Broadway St, Decorah, IA 52101-1817

    Value Estimation by Request
    5,858 sqft 0.47 AC lot
    View details
    2488 171st Ave
    MANUFACTURING (LIGHT)

    2488 171st Ave, Decorah, IA 52101-7305

    Value Estimation by Request
    4,800 sqft 1.10 AC lot
    View details
    607 Washington St
    OFFICE BUILDING

    607 Washington St, Decorah, IA 52101-2240

    $1,250,000
    Estimated value
    18,206 sqft 0.64 AC lot
    View details
    809 Mechanic St
    SERVICE STATION (FULL SERVICE)

    809 Mechanic St, Decorah, IA 52101-2145

    Value Estimation by Request
    3,154 sqft 0.28 AC lot
    View details
    115 Water St
    RETAIL STORES (PERSONAL SERVICES)

    115 Water St, Decorah, IA 52101-1805

    Value Estimation by Request
    4,560 sqft 0.05 AC lot
    View details
    305 Montgomery St
    OFFICE BUILDING

    305 Montgomery St, Decorah, IA 52101-2721

    $670,000
    Estimated value
    15,045 sqft 2.01 AC lot
    View details
    400 Water St
    RESTAURANT

    400 Water St, Decorah, IA 52101-1732

    Value Estimation by Request
    2,684 sqft 0.07 AC lot
    View details

    Decorah, IA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Decorah, IA, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 87,296 square feet of properties for sale, with an estimated market value of $5,396,900.

    Sale prices for business properties in Decorah, IA start at $399,900, averaging $899,483, and reaching up to $1,849,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) -7.7%
    Median Household Income $70,046
    College Educated 53.0%

    High-Yield Neighborhoods for Investment

    Identify Decorah submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52101 $493.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.72%
    Property Tax per SF $30.36 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

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