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Build-to-Suit Office Units
For Lease
$10 SF/Yr

1111 Montgomery Street, Decorah, IA 52101

Commercial Lease, Decorah, IA

Space Size13,500 SF
Lot Size2.88 Acres
Days on Market670

Property Features for 1111 Montgomery Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning C-1
Directions Montgomery Street, Decorah-North of Hwy 9 Next to Kwik Star
Standard status Active
APN 112225301300
Lot size 2.88 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Brief: UNIT #2 L 1-12 BLK 2 CARLSONS 3RD ADDN 22-98-8
Tax Annual Amount 21970
Legal Description Brief: UNIT #2 L 1-12 BLK 2 CARLSONS 3RD ADDN 22-98-8

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas, Zoned, Forced Air
Cooling system Central Air

Amenities

conference room
break room
restrooms

Building Details

Year built 1974
Flooring type Carpet
Roof type Metal
Listing Agency: AJ Realty, Inc
Listed By: Joan Rollins · License #B39150
Added: Nov 26, 2024 Changed: Sep 4 Last Checked: Sep 27 at 6:06PM
MLS# 20245219

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

More than 13,500 square feet of multi-use commercial space is available for office or retail occupancy. The existing finished office area includes cubicles, a conference room, break room, restrooms, carpet flooring, central air, and forced-air natural gas heating. Build-to-suit work is available based on tenant specifications.

The property is at 1111 Montgomery Street in Decorah, with access from Highway 9 West to Montgomery Street. The shared building includes Stone Ridge Community Church, and Kwik Star is next door. WinnMed Clinic, a hospital, and a pharmacy are nearby. Shared parking totals 75,000 SF. The site includes 2.88 acres, C-1 zoning, public sewer, available water, and a metal roof.

Key Highlights

  • More than 13,500+ square feet of multi‑use office or retail space
  • Finished office area with cubicles, conference room, break room, and restrooms
  • Build‑to‑suit improvements available based on tenant specifications

Property Analytics

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Current Use

Stone Ridge Community ... Church Global Collections & Call ... Bpo Company

Suggested Use

Top Pick Dental Office Restaurant Real Estate Agency Law Firm Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 52101, IA

13,186
Population
5,611
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
96%
High-School Grad
316.7 sq mi
ZIP Area
42
Density / Sq Mi
$70,046
Median Household Income
$33,090
Median Earnings
$813
Median Rent
$249,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Finished areas include a conference room, break room, and restrooms, with build-to-suit options available.
Where is this office units located?
The property is located at 1111 Montgomery Street Decorah, IA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: More than 13,500+ square feet of multi‑use office or retail space; Finished office area with cubicles, conference room, break room, and restrooms; Build‑to‑suit improvements available based on tenant specifications
More about this property
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