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MLS ID #: 20172770
1001 & 1009 Paine Street, Decorah, IA 52101
MLS ID #:
1001 & 1009 Paine Street
Decorah, IA 52101
Outside the Metro Area
Decorah Community Schools
May 18th, 2017
Sell In Entirety
Docs on File:
Aerial Photo, Easement/Restrictions, Legal Description
Commercial/Industrial, Office/Institutional, Other
Subject to Zoning
50 X 120 of 1001 Paine st. & 100 X 120 Ft 1009 Paine St. & .44 acres along Paine St. of LOTS 2 of 2 of 16 & .07 Acres & .58 Acre lot o LOT 2-1-6 in SE NW & Lot 1 Youmans Addn
Curbs/Sidewalks, Garden Area
Buildable Site, Commercial, Corner Lot, Creek, Level, Wooded Lot
Lot Sq Footage:
150 X 120
Curb & Gutters, Partially Wooded
City/Town, Hard Surface Road, Paved Road Frontage
Electricity, Natural Gas, Sewer, Underground Utilities, Water-City
Partially Wooded, Slope To Rear
Flood Plain Class:
C/X - Not in Flood Plain
Remarks: 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??
Listing provided courtesy of Cedar Valley Iowa Realty - Decorah.
Listing Agent: William Stoen
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