Price
$ 279,000
New!

1001 & 1009 Paine Street, Decorah, IA 52101  

1001 & 1009 Paine Street, Decorah, IA 52101  

Priced at $ 279,000 Lots have a wide range of possibilities on usage, C - 1 & M - 1 zoned. Flowing Creek on the rear of the lots, hardwood trees are established on the lots. Lots of curb frontage along Paine St. 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. Single best 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
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX ALLIANCE
    300 S State St Denver, IA 50622 | Phone: (319) 984-5600
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.