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Decorah, IA Retail Properties & Spaces for Sale

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10 properties
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Office Units with Finished Offices
Updated: Apr 2, 2025
Office Units with Finished Offices

1111 Montgomery Street, Decorah, IA 52101

$1,600,000
2.88 AC lot
Over 13,500 sq. ft. of multi‑use commercial space
Finished office area with conference room, break room, and restrooms
2.88‑acre property at 1111 Montgomery Street in Decorah
75,000 sq. ft. of shared parking
Near Highway 9 West, Kwik Star, WinnMed Clinic, hospital, and pharmacy
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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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Water Street Retail Space
Water Street Retail Space

107 E Water Street, Decorah, IA 52101

Contact for pricing
5,016 sqft

The shell-condition interior can be configured to suit a tenant’s buildout requirements.

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Downtown Retail Space
Downtown Retail Space

108 Washington Street, Decorah, IA 52101

Contact for pricing
3,000 sqft

Shell-condition suites offer flexibility to plan a tenant-specific layout in a commercial-zoned property.

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Wellness Commercial Suite
Wellness Commercial Suite

306 Winnebago Street, Decorah, IA 52101

Contact for pricing
450 sqft

A compact commercial space includes a reception area, open workspace, and private half bath.

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Shell-Condition Storefront
Shell-Condition Storefront

105 E Water Street, Decorah, IA 52101

Contact for pricing
2,494 sqft

The space is delivered in shell condition, allowing a tenant to shape the interior around its requirements.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

309 E Water Street, Decorah, IA 52101

$449,000
2,731 sqft

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

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Finished Lower-Level Office Suite
Finished Lower-Level Office Suite

806 Commerce Drive, Decorah, IA 52101

Contact for pricing
3,100 sqft

Finished workspace with a board room, break room, restroom, and expansive open area.

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Former VA Clinic Medical Facility
Former VA Clinic Medical Facility

915 Short Street, Decorah, IA 52101

Contact for pricing
10,000 sqft

10,000 SF Class A medical facility with multi-use offices.

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Move-In-Ready Office and Retail Space
Move-In-Ready Office and Retail Space

1111 Montgomery Street, Decorah, IA 52101

Contact for pricing
13,700 sqft

Finished office area with conference, break room, and restrooms, plus options for retail use with convenient parking access.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Decorah, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

Storefront with Built-In Bar
Storefront with Built-In Bar

131 W Main St, Spring Grove, MN 55974

$249,000
5,000 sqft

Hardwood floors, a decorative ceiling, and broad front windows create a distinctive commercial interior.

View details
Corner Retail or Office Building
Corner Retail or Office Building

103 8th Street East, Cresco, IA 52136

$135,000
1,290 sqft

Single building on a corner lot with a large parking lot, picture windows, and full basement.

View details
Flex Space with Service Pit
Flex Space with Service Pit

230 SE 2nd Avenue, Cresco, IA 52136

$330,000
0.59 AC lot

A 2025 office addition complements a concrete-floor shop with water, drainage, and an overhead door.

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Bar & Pub with Covered Deck
Bar & Pub with Covered Deck

131 W Main Street, Spring Grove, MN 55974

$249,000
0.07 AC lot

Street-facing windows, a walk-in cooler, and two restrooms are among the existing commercial features.

View details

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.

809 Mechanic St
SERVICE STATION (FULL SERVICE)

809 Mechanic St, Decorah, IA 52101-2145

Estimated value:
$85,000
3,154 sqft 0.28 AC lot
View details
115 Water St
RETAIL STORES (PERSONAL SERVICES)

115 Water St, Decorah, IA 52101-1805

Estimated value:
$340,000
4,560 sqft 0.05 AC lot
View details
400 Water St
RESTAURANT

400 Water St, Decorah, IA 52101-1732

Estimated value:
$370,000
2,684 sqft 0.07 AC lot
View details
915 Short St
FINANCIAL BUILDING

915 Short St, Decorah, IA 52101-2412

Estimated value:
$800,000
4,025 sqft 0.87 AC lot
View details
310 College Dr
BAR, TAVERN

310 College Dr, Decorah, IA 52101-1336

Estimated value:
$270,000
1,648 sqft 0.44 AC lot
View details
112 Winnebago St
RETAIL STORES (PERSONAL SERVICES)

112 Winnebago St, Decorah, IA 52101-1891

Estimated value:
$220,000
3,168 sqft 0.05 AC lot
View details
118 Washington St
RETAIL STORES (PERSONAL SERVICES)

118 Washington St, Decorah, IA 52101-1830

Estimated value:
$275,000
2,376 sqft 0.03 AC lot
View details
418 Water St
RETAIL STORES (PERSONAL SERVICES)

418 Water St, Decorah, IA 52101-1732

Estimated value:
$380,000
2,489 sqft 0.14 AC lot
View details
1115 Paine St
CAR WASH

1115 Paine St, Decorah, IA 52101

Estimated value:
$300,000
3,273 sqft 0.48 AC lot
View details
510 Montgomery St
RETAIL STORES (PERSONAL SERVICES)

510 Montgomery St, Decorah, IA 52101-2720

Estimated value:
$585,000
8,818 sqft 2.14 AC lot
View details
817 Mechanic St
RESTAURANT

817 Mechanic St, Decorah, IA 52101-2145

Estimated value:
$390,000
1,936 sqft 0.28 AC lot
View details
303 College Dr
CONVENIENCE STORE

303 College Dr, Decorah, IA 52101-1306

Estimated value:
$595,000
2,736 sqft 0.34 AC lot
View details
201 Water St
RETAIL STORES (PERSONAL SERVICES)

201 Water St, Decorah, IA 52101-1727

Estimated value:
$570,000
13,176 sqft 0.17 AC lot
View details
518 Montgomery St
RETAIL STORES (PERSONAL SERVICES)

518 Montgomery St, Decorah, IA 52101-2720

Estimated value:
$240,000
1,824 sqft 0.14 AC lot
View details

Decorah, IA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Decorah, IA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 40,491 square feet of properties for sale, with an estimated market value of $2,498,000.

Sale prices for stores in Decorah, IA start at $449,000, averaging $832,666, and reaching up to $1,600,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 3

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 $499.6K

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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