Two-Story Mixed-Use
For Sale
$449,000
Pending
309 E Water Street, Decorah, IA 52101
Two-story building with retail space on the main level and a renovated 2 bed, 2 bath residence above.
Property Size2,731 SF
Days on Market53
Property Features for 309 E Water Street
General Information
Standard status
Pending
Size
2,731 SF
Total Parking Spaces
2
Property subtype
Pending
Zoning
C-3
Taxes and HOA fees
Annual Taxes
$7,772
Amenities
deck
storage
Wood
Close to Shopping
Corner Lot,City Street
0.2
2731
Building Details
Building Size
2,731 SF
Year Built
1874
Year Renovated
2014
Stories
2
Listing Agency:
Century 21 Trinity
(319) 393-0900
Listed By:
Jerome Edwards
(319) 594-2525
Source:
Pinnaclerealtyia
Added: Jul 23
Changed: Sep 12
Last Checked: Sep 13 at 5:51AM
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 Century 21 Trinity
Investment Insights
Based on property information with market context.
This two-story commercial and residential building was originally built in 1874 and has been thoughtfully updated. The main level has most recently operated as a retail space with flexibility for a range of business concepts. The upper level was completely renovated in 2014 and features a 2-bedroom, 2-bath living space with high-quality finishes.
The property includes an attached two-car garage, off-street parking, a spacious upper-level deck, and storage throughout the building. The upper level has most recently been operated as a short-term rental, and it may also support owner-occupancy or long-term rental use.
Located one block from downtown Decorah, this property combines historic character with practical commercial and residential functionality in a single structure.
The property includes an attached two-car garage, off-street parking, a spacious upper-level deck, and storage throughout the building. The upper level has most recently been operated as a short-term rental, and it may also support owner-occupancy or long-term rental use.
Located one block from downtown Decorah, this property combines historic character with practical commercial and residential functionality in a single structure.
Key Highlights
- Two‑story commercial and residential building built in 1874, with wood flooring.
- Main level most recently operated as a retail space with flexible layout for various business uses.
- Upper level fully renovated in 2014, featuring a 2‑bedroom, 2‑bath living space.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Two-story building with retail space on the main level and a renovated 2 bed, 2 bath residence above.
Where is this retail space located?
The property is located at 309 E Water Street Decorah, IA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two‑story commercial and residential building built in 1874, with wood flooring.; Main level most recently operated as a retail space with flexible layout for various business uses.; Upper level fully renovated in 2014, featuring a 2‑bedroom, 2‑bath living space.
