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1001 & 1009 Paine Street, Decorah, IA – $250,000

  • $250k Price
  • Acres
  • 1140 DOM
  • $250k Price
  • Acres
  • 1140 DOM

1001 & 1009 Paine Street

$ 250,000 for about 1.4 acres of land in Decorah. Owner is just completing some landscaping on the northern portion for sale and has added in 54 ft of new culvert to assist on stormwater discharge across the tract to the rear of the property where the creek is flowing. Grass seeding is the next step of the project. 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??

IAHomes offers professional full service options to buy and sell a home! We have helped home buyers and sellers be successful for over 14 years. And, with over 70 years of combined real estate experience, we make buying and selling a home easy. We look forward to helping you with all of your real estate needs - contact us today with any questions!

Brittany Whiting

Brittany Whiting

Licensed Realtor

  • Office 319-551-0749
  • Cell 337-739-9912
  • Email Brittany@IAHomes.com
Questions?
Nancy Wymore

Nancy Wymore

First Federal Credit Union

  • Cell (319) 350-7253
  • Email Nancy.Wymore@FirstFedCU.com
Get Pre-Approved

Essential Information

  • MLS® #20172770
  • Price$250,000
  • Acres1.50
  • TypeLand
  • Sub-TypeCommercial Lots
  • StatusACTIVE

Community Information

  • Address1001 & 1009 Paine Street
  • AreaWinneshiek
  • SubdivisionYouman's Addn
  • CityDecorah
  • StateIA
  • Zip Code52101

Amenities

  • AmenitiesCurbs/Sidewalks, Garden Area

Exterior

Lot Description

Buildable Site, Commercial, Corner Lot, Creek, Level, Wooded Lot

School Information

  • ElementaryDecorah Community Schools
  • MiddleDecorah Community Schools
  • HighDecorah Community Schools

Additional Information

  • Date ListedMay 18th, 2017
  • Days on Market1140
  • ZoningM-1

Listing Details

  • AgentWilliam Stoen

Office

Cedar Valley Iowa Realty - Decorah

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William Stoen, Cedar Valley Iowa Realty - Decorah.

IDX Data comes from Northeast Iowa Regional Board of REALTORS®. 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.

Listing information last updated on July 2nd, 2020 at 4:10am CDT.