1001 & 1009 Paine, Decorah • $250,000

Bill Stoen - bill@cedarvalleyiowarealty.com Office: 563-382-8290
Mobile: 563-419-1398
Cedar Valley Iowa Realty
1668 Jordan West Rd
Decorah, IA 52101
Property Information
MLS Number: 20172770
Address: 1001 & 1009 Paine, Decorah
Price: $250,000.00
Virtual Tour: Click Here
Area: Winneshiek
Status: Active
Property Description

1.5 m/l Acres in City Limits of Decorah !

A Great location for:

  • A possible restaurant with a outdoor garden patio area

  • A winery or microbrewery

  • A Serve-N-Go food service with outdoor seating under the shade of mature trees

  • Outdoor products / services business needing space for demonstrations/ large displays

  • Recreational based business needing a natural setting as a backdrop

  • Possible multi-unit housing, ( pending an approval after closing of a zoning change from City of Decorah to an R-3 status)

Wide Range of possible usage for this 1.51 m/l Acres currently zoned  C-1 & M-1 along Paine St. in Decorah. 

LOTS have city water and sewer connections, fire hydrant on the edge of the LOT.

Property has mature hardwood trees established for natural shade and a flowing Creek on the rear side of the LOT that is a prime example of our typical Karst Topography around Decorah with exposed rock formations, steeply sloped woodlands behind this C-1 & M-1 zoned LOT.  See video footage of the creek from the link on this listing page.

Decorah has a strong demand for new housing,  has enacted a 5 year tax abatement on new construction (Up to $ 400,000 value of improvements for homes, Up to $40,000 per unit for new rental units being constructed) .  This could be a beautiful area for high density housing with a common greenspace backdrop of a creek and wooded hillside behind a possible multi-family unit- subject to future city approval of a zoning change to R-3 from the Current  C-1 & M-1 status.

If your thinking about creating a new business in Decorah or expanding and existing business, contact our office for more information about this unique tract near the Bike Trails and Motels found on this southern side of town by Short St. and Hwy 9.

 

Lots and Land Information
Utilities: No Electricity: No
Gas: No Sewer: No
Water: No    
© 2018 Cedar Valley Iowa Realty, Charles City, IA