USAIADecorah105 E Water St
Listing image | Image 1

105 E Water St, Decorah, IA

House

For Sale

Listed price in listed location currency (USD).
$2,850

000

MLS® 20264831

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $14,056
Days Active 0
Lot Size 0.15 Acres
Approx. Age 1900
MLS® Number 20264831

Property Address: 105 E Water St, Decorah, IA, 52101-1801

Average square foot calculated using Size range provided by listing agent.

Description

Commercial Space for Lease in Downtown Decorah. Prime Water Street Frontage. If your a business looking for a great location in Downtown Decorah this could be the place for you. Current Desired Rent for the space is $2, 850 per month for 2400 Square Ft. $34, 200 per year. Lease Terms & Flexibility The landlord is willing to consider adjustments to rental terms based on the overall strength and structure of the lease, including: Lease Term & Renewal Options: Preference for an initial lease term of at least three years, with longer-term commitments potentially allowing for greater flexibility. Size & Configuration: Terms may vary depending on the size and configuration of the leased premises. Tenant Credit & Financial Strength: Tenant financial qualifications and overall creditworthiness will be considered. Tenant Improvements / Buildout: Consideration will be given to the amount of landlord-funded improvements required and the condition in which the space is delivered. Annual Rent Escalations: Targeting annual increases of approximately 2.5%. Multiple-Suite Leasing: Additional flexibility may be available for tenants leasing or combining multiple spaces. Tenant Improvement Allowance The commercial spaces are currently in shell condition, providing an opportunity to customize each suite around the specific needs of the tenant. Depending on the proposed use, lease term, tenant qualifications, size of the space, and overall economics of the lease, the landlord may consider providing a Tenant Improvement (TI) Allowance of approximately $25, 000–$50, 000+ per suite. The final TI allowance, scope of work, and responsibility for construction would be negotiated as part of the lease and may vary based on the tenant's requirements and lease structure.
MLS® Number20264831
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 6, 2026List Date
$2,850List Price
  • Commute

Commute

Starting Address
Destination Address
105 E Water St, Decorah, IA

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