Listing photo for 1001 & 1009 Paine Street, Decorah, IA

1001 & 1009 Paine Street,

Decorah, IA


1.50 Acres

NEW LOWER PRICE of $ 250,000 Lots have a wide range of possibilities on usage, 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. 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??

Facts & Features
MLS® # 20172770
Price $250,000
Acres 1.50
Type Land
Sub-Type Commercial Lots
Community Information
Address 1001 & 1009 Paine Street
Area Winneshiek
Subdivision Youman's Addn
City Decorah
State IA
Zip Code 52101
Amenities Curbs/Sidewalks, Garden Area
Is Waterfront No
Lot Description Buildable Site, Commercial, Corner Lot, Level, Wooded Lot, Creek
School Information
Elementary Decorah Community Schools
Middle Decorah Community Schools
High Decorah Community Schools
Additional Information
Date Listed May 18th, 2017
Days on Market 767
Zoning M-1
Short Sale No
RE / Bank Owned No
Listing Details
Agent William Stoen
Office Cedar Valley Iowa Realty - Decorah
Photo of Jennifer Steere

Jennifer Steere

Office: 319-352-1157
Cell: 319-231-5845

The IDX information being provided by the Northeast Iowa Regional Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it 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.

Listing information last updated on June 25th, 2019 at 4:54am CDT.

CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Signature Resources, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Century 21 Real Estate LLC nor any of its affiliated companies.