1001 & 1009 Paine Street, Decorah

$250,000

0 Beds
0 Baths
1½ Acres
0 Garages

Property Description

$ 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??

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
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 ListedDecember 28th, 2020
Days on Market364
ZoningM-1
Listing Details
AgentWilliam Stoen
Office

Cedar Valley Iowa Realty - Decorah

Schools Near 1001 & 1009 Paine Street

GreatSchools Rating School Name Distance
Carrie Lee Elementary School
Carrie Lee Elementary School
Type: public
0.52 Miles
Decorah Middle School
Decorah Middle School Closest School
Type: public
0.59 Miles
St Benedict School
St Benedict School
Type: private
0.69 Miles
John Cline Elementary School
John Cline Elementary School
Type: public
0.92 Miles
Decorah High School
Decorah High School
Type: public
0.98 Miles

School data provided by GreatSchools

LISTING MAP

Get directions to this property:

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 17th, 2021 at 12:35am CDT.