806 E Water Street #2, Decorah, IA 52101

Building Details

Building Size 30,741 SF More

Year Built 1996 More

Listing Agency: Viking Realtors Show Phone

Listed By: Theodore Kerndt · License IA B38984000 Show Phone

Source: Gnbrealestate

Added: Apr 23 Changed: Nov 9 Last Checked: Nov 9 at 9:29AM

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Investment Insights

Based on property information with market context.

This flex property includes 2,141 square feet of heated shop area, with high ceilings, a bathroom, and room for work or storage. A separate 60' x 30' unheated area adds mezzanine storage. The building was constructed in 1996, and zoning is M-2.

The property is at the corner of Montgomery and Water streets in Decorah. An adjacent shop space is also available for lease.

Key Highlights

• 2,141 square feet of heated shop space
• Separate 60' x 30' unheated area with mezzanine storage
• High ceilings and a bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

468

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

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Frequently Asked Questions

What type of property is this?

Flex space - M-2-zoned shop space combines heated work area with separate unheated space and additional storage.

Where is this flex space located?

The property is located at 806 E Water Street #2 Decorah, IA.

What is the lease rate?

The lease rate is $400/Mo.

What are key features of this property?

This property features: 2,141 square feet of heated shop space; Separate 60' x 30' unheated area with mezzanine storage; High ceilings and a bathroom