Mixed-Use

Decorah, IA Mixed-use Properties for Sale

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Historic Two-Story Mixed-Use Building
Updated: Jul 23
Historic Two-Story Mixed-Use Building

309 E Water Street, Decorah, IA 52101

$449,000
0.20 AC lot
Two‑story mixed‑use building constructed in 1874
Upper level renovated in 2014 with a 2‑bedroom, 2‑bath living space
Main level most recently operated as retail space
0.2‑acre lot one block from downtown Decorah
Attached two‑car garage, off‑street parking, and upper‑level deck
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Decorah, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Mixed-Use Building with Apartments
Historic Mixed-Use Building with Apartments

100 W Center St, Monona, IA 52159

$199,000
9,992 sqft

Mixed-use building with a main-floor commercial space and two apartments above, with recent roof and window updates.

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Mixed-Use Building with Salon
Mixed-Use Building with Salon

111 Grove Street E, Caledonia, MN 55921

$575,000
0.16 AC lot

Three rentable units include an operating salon, an additional finished area, and shared laundry and relaxation space.

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Mixed-Use Property with Garage
Mixed-Use Property with Garage

118 W Center Street, Monona, IA 52159

$169,000
2,000 sqft

Commercial space, two restored apartments, and a garage create a flexible downtown income-producing configuration.

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Remodeled Mixed-Use Building
Remodeled Mixed-Use Building

115 E Main St, Caledonia, MN 55921

$495,000

Main-level commercial rooms pair with an upstairs apartment and garage.

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Off-Market Properties in Decorah, IA

Consider similar Off-Market properties in Decorah, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

109 Water St
STORE/OFFICE (MIXED USE)

109 Water St, Decorah, IA 52101-1801

Estimated value:
$95,000
2,200 sqft 0.06 AC lot
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128 Water St
STORE/OFFICE (MIXED USE)

128 Water St, Decorah, IA 52101-1806

Estimated value:
$240,000
4,422 sqft 0.06 AC lot
View details
1300 Industrial Ln
OFFICE/RESIDENTIAL (MIXED USE)

1300 Industrial Ln, Decorah, IA 52101-2454

Estimated value:
$275,000
5,792 sqft 3.11 AC lot
View details
217 Water St
STORE/OFFICE (MIXED USE)

217 Water St, Decorah, IA 52101-1793

Estimated value:
$280,000
9,384 sqft 0.12 AC lot
View details
116 Winnebago St
OFFICE/RESIDENTIAL (MIXED USE)

116 Winnebago St, Decorah, IA 52101-1810

Estimated value:
$270,000
1,994 sqft 0.04 AC lot
View details
501 Water St
OFFICE/RESIDENTIAL (MIXED USE)

501 Water St, Decorah, IA 52101-1733

Estimated value:
$285,000
2,596 sqft 0.10 AC lot
View details

Decorah, IA Mixed-Use Properties Market Trends and Statistics

Explore 7 mixed-use properties for sale in Decorah, IA on our real estate platform.

Sale prices for multi use buildings in Decorah, IA average $449,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K
Population Growth (5Y) -7.7%
Median Household Income $70,046
College Educated 53.0%

High-Yield Neighborhoods for Investment

Identify Decorah submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52101 $449K

Taxes & Financing

Tax Rate (average for all types) 2.72%
Property Tax per SF $30.36 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

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