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    Decorah, IA
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    Decorah, IA Retail Properties & Spaces for Sale

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    Ossian, IA Calmar, IA Spillville, IA Waukon, IA Dorchester, IA Mabel, MN Cresco, IA Lansing, IA
    7 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
    View details
    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
    View details
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Historic Storefront with Apartment
    Historic Storefront with Apartment

    121 W Water, Decorah, IA 52101

    Contact for pricing

    Two-level downtown building combines open retail space with upper-floor storage and residential accommodations.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Decorah, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Versatile Flex Warehouse Building
    Versatile Flex Warehouse Building

    808 S Main Street, Monona, IA 52159

    $295,000
    13,005 sqft 1.99 AC lot

    Former grocery store and gas station with large open areas, storage/office space, and second-story living quarters.

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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.

    View details
    Turnkey Bike Shop and Retail
    Turnkey Bike Shop and Retail

    105 Coffee St, Lanesboro, MN 55949

    $300,000

    Turnkey bike shop property with established repairs and rentals near the Root River trail system.

    View details
    Retail Space with Required Business Purchase
    Retail Space with Required Business Purchase

    100 Parkway Ave S, Lanesboro, MN 55949

    Contact for pricing

    Purchase of the building requires purchase of the business as well.

    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

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

    115 Water St, Decorah, IA 52101-1805

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

    400 Water St, Decorah, IA 52101-1732

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

    915 Short St, Decorah, IA 52101-2412

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

    310 College Dr, Decorah, IA 52101-1336

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

    112 Winnebago St, Decorah, IA 52101-1891

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

    118 Washington St, Decorah, IA 52101-1830

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

    418 Water St, Decorah, IA 52101-1732

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

    1115 Paine St, Decorah, IA 52101

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

    510 Montgomery St, Decorah, IA 52101-2720

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

    817 Mechanic St, Decorah, IA 52101-2145

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

    303 College Dr, Decorah, IA 52101-1306

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

    201 Water St, Decorah, IA 52101-1727

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

    518 Montgomery St, Decorah, IA 52101-2720

    $240,000
    Estimated value
    1,824 sqft 0.14 AC lot
    View details
    120 Washington St
    RESTAURANT

    120 Washington St, Decorah, IA 52101-1830

    $145,000
    Estimated value
    2,376 sqft 0.03 AC lot
    View details
    107 Water St
    RETAIL STORES (PERSONAL SERVICES)

    107 Water St, Decorah, IA 52101-1805

    $345,000
    Estimated value
    4,840 sqft 0.06 AC lot
    View details
    121 Water St
    BAR, TAVERN

    121 Water St, Decorah, IA 52101-1881

    $260,000
    Estimated value
    3,234 sqft 0.06 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 7 active listings on our real estate platform. These investment opportunities span a total of 29,531 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 2

    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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