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309 E Water Street, Decorah, IA, 52101
Two-Story Live-Work Building

309 E Water Street Decorah, IA 52101

New
For Sale
$449,000

SINGLE_FAMILY - Decorah, IA

Lot Size0.20 Acres
Days on Market2

Property Features for 309 E Water Street

General Information

Property type
Residential
Property subtype
Office
Zoning
C-3
Standard status
Active
APN
111530800200
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
L 1 & E 18' L 2 BLK 44 ORIG DECORAH
Tax Annual Amount
7772

Utilities

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

Building Details

Year built
1874
Flooring type
Wood
Building materials
Brick, Stone
Roof type
Composition
Listing Agency: AJ Realty, Inc.
Listed By: Joseph Gavle · License #B68340000
Added: Jul 23 Changed: Jul 24 Last Checked: Jul 24 at 5:06PM
MLS# 20263432

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 two-story commercial and residential building was originally built in 1874 and has been thoughtfully updated. The main level has most recently operated as retail space, while the upper level was completely renovated in 2014 and features a designed 2-bedroom, 2-bath living layout. Additional amenities include an attached two-car garage, off-street parking, a spacious upper-level deck, and storage throughout the property.

Located in Decorah, the property is described as being just one block from downtown, with access consistent with an urban street frontage setting. Zoning is listed as C-3.

The configuration supports a variety of live-work and mixed-use arrangements, with separate commercial space below and residential space above.

Key Highlights

  • Two‑story mixed‑use building originally built in 1874 with brick and stone construction
  • Main level most recently operated as a retail space with flexible layout for business uses
  • Upper level completely renovated in 2014 with 2 bedrooms and 2 bathrooms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Double Windsor Clothing & Fashion Store Rendered Unique Home Decor Store Zahasky Richard D Law Firm

Suggested Use

Real Estate Agency HVAC Service Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Electrical Service Plumbing Service Pharmacy Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Two-story building with a retail main level and a renovated 2-bedroom, 2-bath residence upstairs.
Where is this live-work 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 mixed‑use building originally built in 1874 with brick and stone construction; Main level most recently operated as a retail space with flexible layout for business uses; Upper level completely renovated in 2014 with 2 bedrooms and 2 bathrooms
More about this property
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