1001 Paine, Decorah • $250,000

Cedar Valley Iowa Realty Home » Listings » 1001 Paine, Decorah
  • Photo 1 of 1001 Paine

    Photo 1

  • Storm Drain before work started of 1001 Paine

    Storm Drain before work started

  • Area before work was done Mid May of 1001 Paine

    Area before work was done Mid May

  • Culvert 54 Ft. and existing storm drain of 1001 Paine

    Culvert 54 Ft. and existing storm drain

  • Ditch re-worked to accept a culvert of 1001 Paine

    Ditch re-worked to accept a culvert

  • Ditch prep for culvert install of 1001 Paine

    Ditch prep for culvert install

  • Culvert being laid into ditch of 1001 Paine

    Culvert being laid into ditch

  • flaired wing at end of culvert. of 1001 Paine

    flaired wing at end of culvert.

  • Riprap along discharge wing of 1001 Paine

    Riprap along discharge wing

  • New discharge into creek of 1001 Paine

    New discharge into creek

  • Landscaping of 1001 Paine

    Landscaping

  • landscaping of 1001 Paine

    landscaping

  • Lot with mature trees of 1001 Paine

    Lot with mature trees

  • Wooded Lot of 1001 Paine

    Wooded Lot

  • Wooded LOT of 1001 Paine

    Wooded LOT

  • Wooded LOT of 1001 Paine

    Wooded LOT

  • Wooded LOT of 1001 Paine

    Wooded LOT

  • Wooded LOT of 1001 Paine

    Wooded LOT

  • Creek on the rear of the LOTS of 1001 Paine

    Creek on the rear of the LOTS

  • Paine St. of 1001 Paine

    Paine St.

Property Information

MLS Number: 20172770
Address: 1001 Paine, Decorah
Price: $250,000.00
School District: Decorah Community Schools
Virtual Tour: Click Here
Status: Active
Bill Stoen
Cedar Valley Iowa Realty
915 Short St , #169 A
Decorah, IA 52101
Office: 563-382-8290
Mobile: 563-419-1398
bill@cedarvalleyiowarealty.com
Email Agent

Description of 1001 Paine, Decorah

1.4 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)

Owner has just recently added some landscaping improvements to resolve a open storm drain discharge ditch that ran across the northern portion of the parcel. A 54 ft. culvert was added, along with some Riprap where the new storm drain flows into the creek.  Re-seeding of the grounds is on-going after the reshaping of some of the Lot profile was completed in Mid May.

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 for 1001 Paine

Present Use: vacant investment tract C-1 zoned Electricity: No
Gas: No Sewer: Yes
Water: Yes    

Multi-Family Information for 1001 Paine

Exterior Features: M-1 & C-1 zoned currently, P & Z may consider a request for Multi-unit housing in this location, Decorah is in VERY short supply on apartments and rental housing, worth a few questions on change options on the current zoning.