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Office Units with Shared Parking
For Sale
$1,600,000

1111 Montgomery Street, Decorah, IA 52101

Commercial Sale, Decorah, IA

Property Size13,500 SF
Lot Size2.88 Acres
Price / SF$118.52
Days on Market507

Property Features for 1111 Montgomery Street

General Information

Property type Commercial Sale
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 2024
Tax Description Brief: UNIT #2 L 1-12 BLK 2 CARLSONS 3RD ADDN 22-98-8
Tax Annual Amount 22426
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: Apr 2, 2025 Changed: Aug 19 Last Checked: Aug 21 at 10:06AM
MLS# 20254326

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.

This C-1-zoned office property occupies a 2.88-acre site and includes finished office areas, a conference room, break room, and restrooms. The shared building also accommodates Stone Ridge Community Church, with 75,000 square feet of shared parking available. Interior finishes include carpet, while building systems include forced-air and zoned natural-gas heating with central air conditioning. The property was built in 1974 and has a metal roof.

Located near Highway 9 West in Decorah, the property is next to Kwik Star and close to WinnMed Clinic, the hospital, and a pharmacy. Water is available at the property, and the site is served by public sewer.

Key Highlights

  • 2.88‑acre office property with C‑1 zoning
  • 75,000 square feet of shared parking
  • Finished office areas with conference room, break room, and restrooms

Property Analytics

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

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - C-1-zoned commercial space includes finished offices, a conference room, break area, and restrooms within a shared building.
Where is this office units located?
The property is located at 1111 Montgomery Street Decorah, IA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2.88‑acre office property with C‑1 zoning; 75,000 square feet of shared parking; Finished office areas with conference room, break room, and restrooms
More about this property
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