309 E Water Street, Decorah, IA 52101
sale
$449,000
|
Office
Courtesy Of A&J Petersburg Agency
Own a piece of Decorah's history with this stunning two-story commercial and residential building, originally built in 1874. Rich in character and thoughtfully updated, this one-of-a-kind property offers the perfect blend of historic charm and modern convenience just one block from downtown Decorah. The main level has most recently operated as a successful retail space, offering excellent visibility and flexibility for a wide variety of business ventures. Whether you're dreaming of a boutique, gallery, office, cafe, or another commercial concept, this versatile space is ready for your vision. The upper level was completely renovated in 2014 and features a beautifully designed 2-bedroom, 2-bath living space with high-quality finishes throughout. Most recently operated as a successful short-term rental, it also offers the perfect opportunity for owner-occupancy, long-term rental income, or a stylish downtown residence. Additional features include an attached two-car garage, off-street parking, a spacious upper-level deck ideal for relaxing or entertaining, and an abundance of storage throughout the property. Whether you're looking to invest, operate a business with living quarters above, or own an iconic piece of Decorah real estate, 309 E Water Street presents an exceptional opportunity in one of Northeast Iowa's most beloved communities. Listing agent is related to Seller.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Stone
- Floor Covering: Wood
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: L 1 & E 18' L 2 BLK 44 ORIG DECORAH
- MLSID: 20263432
- Roof Type: Composition
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