Building Details

Building Size 30,741 SF

Year Built 1996

Listing Agency: Viking Realtors t***@hotmail.com Show Phone

Listed By: Theodore Kerndt · License #B38984000 Show Phone

Source: Sweeneyrealestate

Added: Apr 23 Changed: Aug 6 Last Checked: Aug 7 at 9:00AM

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Investment Insights

Based on property information with market context.

Built in 1996, this warehouse property offers more than 3,000 square feet of shop or storage area. The layout includes three separate overhead doors measuring 14 feet, along with bays extending 72 feet deep. Radiant heat, floor drains, a bathroom, and recently installed LED lighting add practical functionality for daily operations.

The property occupies the corner of E Water Street and Montgomery Street in downtown Decorah, providing a central setting for a shop or storage operation. M-2 zoning is in place, and the space is available for lease.

Key Highlights

• More than 3,000 square feet of shop or storage space
• Three separate 14 ft. overhead doors
• 72 ft. deep bays

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Garden Center Auto Parts Store

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

3

Drive-in doors

NNN (Triple Net)

Lease Type

$0.08 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

605

Businesses Nearby

Under-served

Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - M-2-zoned space includes radiant heat, floor drains, LED lighting, and a restroom for shop or storage use.

Where is this warehouse located?

The property is located at 806 E Water Street Decorah, IA.

What is the lease rate?

The lease rate is $1,400/Mo.

What are key features of this property?

This property features: More than 3,000 square feet of shop or storage space; Three separate 14 ft. overhead doors; 72 ft. deep bays