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Water Street Retail Space
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107 E Water Street, Decorah, IA 52101

The shell-condition interior can be configured to suit a tenant’s buildout requirements.

Property Size5,016 SF
Days on Market4

Property Features for 107 E Water Street

General Information

Standard status Active
Size 5,016 SF
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $6,708

Amenities

0.06
5016

Building Details

Building Size 5,016 SF
Year Built 1900
Listing Agency: Urban Acres Real Estate
Listed By: Star Horak
Source: Pinnaclerealtyia
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 9 at 6:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Acres Real Estate

Investment Insights

Based on property information with market context.

This 5,016-square-foot retail property at 107 E Water Street dates to 1900 and has commercial zoning. The interior is in shell condition, offering a basis for a tenant-specific buildout. The remarks identify a 1,429-square-foot front section and a 745-square-foot rear section; multiple spaces may be leased or combined.

The property is in downtown Decorah, Iowa, with frontage on Water Street. Lease structure may account for term, renewal options, premises configuration, tenant qualifications, and buildout needs. Annual rent increases are targeted at approximately 2.5%.

Key Highlights

  • 5,016‑square‑foot retail property built in 1900
  • 1,429‑square‑foot front section and 745‑square‑foot rear section
  • Shell‑condition interior for tenant buildout

Property Analytics

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Current Use

The Perfect Edge Custom ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Electrical Service

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

Location Intelligence

Trade Area within ½ mile

704
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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The shell-condition interior can be configured to suit a tenant’s buildout requirements.
Where is this retail space located?
The property is located at 107 E Water Street Decorah, IA.
What are key features of this property?
This property features: 5,016‑square‑foot retail property built in 1900; 1,429‑square‑foot front section and 745‑square‑foot rear section; Shell‑condition interior for tenant buildout
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