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Property profile & analytics
OFF-MARKET
Warehouses

1001 Short St Decorah, IA 52101-2421

880 SF 0.56 ac lot Built 1980
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US25-2050448
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-established, turnkey powersports business located at 1001 Short Street, Decorah, IA. The property encompasses a substantial 16,900 square feet on a 0.56-acre lot, offering ample space for operations and future expansion. The business, Decorah Kawasaki & Suzuki Sports Center (DKS), boasts over 25 years of success in the sale and service of Kawasaki and Suzuki motorcycles, ATVs, UTVs, lawn mowers, trailers, and snow blowers. DKS enjoys a strong reputation and loyal customer base throughout Iowa and southern Minnesota, ensuring a consistent revenue stream. The sale includes an adjacent empty building, presenting significant potential for revenue generation through expansion of existing product lines or the addition of new ventures. This turnkey operation offers immediate income and substantial growth opportunities. The business's proven track record, coupled with the potential for increased online sales and utilization of the additional building, makes this a compelling investment. Furthermore, SBA financing is available with a low 10% down payment, making this opportunity accessible to a wider range of qualified buyers. This is a rare chance to acquire a profitable, established business with significant upside potential in a desirable location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Construction FRAME
Total area 880 SF
Lot 0.56 ac (24,212 SF)
APN 112130400300
UPID US25-2050448
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Decorah Kawasaki Suzuki Sports Center Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Larry J Hauber · 4 yrs held
Larry J Hauber
since 2022
1 recorded transaction
2022
$615,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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