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309 E Water Street, Decorah, IA, 52101
Two-Story Mixed-Use Building

309 E Water Street Decorah, IA 52101

New
For Sale
$449,000

Two-story building with retail space on the main level and a renovated 2 bed, 2 bath residence above.

Property Size2,731 SF
Price / SF$164.41
Days on Market7

Property Features for 309 E Water Street

General Information

Standard status Active
Size 2,731 SF
Property subtype Commercial

Building Details

Year Built 1874
Listing Agency: Blank & McCune Real Estate
Listed By: Jerome Edwards
Source: Pinnaclerealtyia
Added: Jul 23 Changed: Jul 26 Last Checked: Jul 29 at 4:15AM

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 Blank & McCune Real Estate

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.

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

Location Intelligence

Current Use

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

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with authorities.

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.
More about this property
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