1001 & 1009 Paine Street, Decorah, 52101

Land - Commercial Lots For Sale in Youman's Addn

$250,000

Beds
Baths
Sqft
Acres
Built
MLS® #: 20172770
Active

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??

Essential Information

MLS® #: 20172770
Price: $250,000
Acres: 1.50
Type: Land
Sub-Type: Commercial Lots
Status: Active

Community Information

Address: 1001 & 1009 Paine Street
Area: Winneshiek
Subdivision: Youman's Addn
City: Decorah
State: IA
Zip Code: 52101

Amenities

Amenities: Curbs/Sidewalks, Garden Area

Exterior

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

School Information

Elementary: Decorah Community Schools
Middle: Decorah Community Schools
High: Decorah Community Schools

Additional Information

Zoning: M-1

Listing Details

Listing Agent: William Stoen
Listing Office: 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 October 20th, 2019 at 4:07pm CDT.