Price
$ 250,000

1001 & 1009 Paine Street, Decorah, IA 52101  

1001 & 1009 Paine Street, Decorah, IA 52101  

NEW LOWER PRICE of $ 250,000 Lots have a wide range of possibilities on usage, C - 1 and 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???

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Listing Type
Vacant Land
Listing ID
20172770
Lot Size
1.50 acres
Listing Status
Active
County
Winneshiek
Subdivision
Youman's Addn
School District 1
Decorah Community Schools
School District 2
Decorah Community Schools
School District 3
Decorah Community Schools
Zoning
M-1
Taxes
192.0
TaxID
112117601100
Listing courtesy of William Stoen~Cedar Valley Iowa Realty - Decorah
Price History
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Date Event Change Price
8/4/2017 Price change $-29,000 (-10.4%) $250,000
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