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Decorah, IA Storefront Properties for Sale

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Ossian, IA Calmar, IA Spillville, IA Cresco, IA Waukon, IA Spring Grove, MN West Union, IA Waucoma, IA
Three-Story Downtown Retail Building
Updated: Nov 19, 2025
Three-Story Downtown Retail Building

108 W Water St, Decorah, IA 52101

$435,000
Three‑story downtown building with retail space on the main level
Basement offers storage space for added convenience
Upper‑level windows were restored by David Wadsworth
Building includes upper‑level window features that showcase restored exterior character
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Decorah, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Turnkey Bike Shop and Retail
Turnkey Bike Shop and Retail

105 Coffee St, Lanesboro, MN 55949

$725,000

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

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Turnkey Bike Shop Property
Turnkey Bike Shop Property

105 Coffee Street, Lanesboro, MN 55949

$300,000

Turnkey bike sales and repair retail property with brick exterior, parking, and accessibility near major tourist trails.

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Downtown Restaurant and Retail Space
Downtown Restaurant and Retail Space

131 W Main Street, Spring Grove, MN 55974

Contact for pricing
5,000 sqft

Open-concept storefront with hardwood floors, high tin ceiling, enclosed back porch, and walk-in cooler.

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Downtown Spring Grove Retail Space
Downtown Spring Grove Retail Space

131 W Main Street, Spring Grove, MN 55974

Contact for pricing
0.07 AC lot

Retail space in the heart of downtown Spring Grove.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Light Commercial Development Land
Light Commercial Development Land

1622 Enterprise Drive SE, Chatfield, MN 55923

$72,122
0.83 AC lot

City-owned lots in a B-3 district with utilities available for engineering and site/build planning.

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B-3 Light Commercial Development Land
B-3 Light Commercial Development Land

1406 Enterprise Drive, Chatfield, MN 55923

$56,500

City-owned lots with utilities in place, zoned for contractor, service, warehouse, or showroom development.

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Light Commercial Development Land
Light Commercial Development Land

1534 Enterprise Drive SE, Chatfield, MN 55923

$44,576
0.51 AC lot

City-owned lots with utilities in place and B-3 zoning, suitable for a range of light commercial and industrial uses.

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Commercial Cul-de-Sac Building Site
Commercial Cul-de-Sac Building Site

Heritage Blvd lot: 4, West Salem, WI 54669

$200,000
0.94 AC lot

Build your office or small business on a commercial lot positioned at the end of a cul-de-sac.

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Decorah, IA Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Decorah, IA on our real estate platform.

Sale prices for retail units in Decorah, IA average $435,000 — 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 1

Demographics Overview

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

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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