MLS ID #: NBR20221416

1001 & 1009 Paine St, Decorah, IA 52101


Property Address:
1001 & 1009 Paine St
Decorah, IA 52101


Outside the Metro Area

Property Type:


Current Use:
Platted, Timber

Land Use:
Commercial, Office/Institutional, Other

Decorah Community Schools

Date Listed:
January 18th, 2023



Gross Taxes:

Finance Type:
Cash, Conventional

Will Sell:
Sell In Entirety

For Sale

Sale/Lease Type:
Normal Sale

Docs on File:
Aerial Photos, Easement/Restrictions, Legal Description


Subject to Zoning

Legal Desc:
50 X 120 of 1001 Paine St & 100 X 120 ft 1009 Paine St & .44 acres along Paine St of LOTS 2 of 2 of 16 & .07 acres & .58 acre lot of LOT 2-1-6 in SE NW & Lot 1 Youmans Addition.

Lot Sq Footage:

Lot Dimensions:
150 X 120



Lot Features:
Curbs/Sidewalks, Garden, Buildable, Commercial, Corner Lot, Creek, Level, Wooded

Lot Improvement:
Curb & Gutters, Partially Wooded

Road Frontage:
City Street, Hard Surface Road, Paved Road

Utilities Available:
Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, City Water

Water Type:

Sewer Type:
City Sewer

Fuel Type:
Natural Gas

Partially Wooded, Slope To Rear

Flood Plain Class:
C/X - Not in Flood Plain

Remarks: Are you hunting for a spot in Decorah with a small creek fed by area springs and Hardwood trees for shade with 150 of Street frontage, City water and sewer connections on 1.4 m/l acres ???? YES there is such a tract yet for sale just off of Short St. with wide range of possibilities... Great spot for someone as an investor to try some higher density housing ideas out. Currently is C - 1 & M - 1 zoned. OUTDOOR Cafe / Courtyard Potential !! Flowing Creek on the rear of the lots, hardwood trees are established on the lots. Lots of curb frontage along Paine St.( ~150 ft ) Looking for a Restaurant location, maybe a seasonal location with green space ?? Starting a business with outdoor products, lawn and garden equipment ?? This could be a good fit ! Maybe a winery or micro brewery near Hwy 9 / close to Motels / close to bike trails ?? Small shed on property and contents to be removed by owner before closing. There is a very real housing shortage inside the city limits of Decorah, The city has a 5 year tax abatement for new home construction and new apartments being built, Could be up to $ 40,000 per unit or $ 400,000 of the new, extra assessed value and not taxed for 5 years from the application approval date. One use of this parcel may be as high density housing, Why not take a tour of this parcel and chat a bit with our city administrator about your dreams and ideas / How a tax abatement might apply to new construction??
Realtor/Equal Housing Lender Listing provided courtesy of Cedar Valley Iowa Realty - Decorah.
Listing Agent: William Stoen
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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