303 W Water StreetDecorah, IA 52101

Commercial · 8,800 Sq. ft. | 0.12 Acres
$4,400 ACTIVE

303 W Water Street Overview

Time on Site:
20 days
Visits:
12

Prime Business Space located in the heart of the Historic Downtown District, across the street from the Oneota Food Coop and Water Street Park. The stately building was constructed in 2004, with the first floor utilized as a Salon & Day Spa. It was designed for all things hair, facials, manicures, pedicures, massages, etc. while creating an atmosphere of peace and serenity. The space is perfect for someone looking to start their own Salon; or for expansion of an existing Salon & Spa. Truly this space could be used for whatever business you dream of adding to Decorah’s vibrant community! The Building features a large open space perfect for retail and another section of with offices and conference room. There is a full bath, two ½ baths, and laundry. Off street parking available in the back of building for 2 -3 vehicles. Love the location for your business but not needing the full 4,400 sf? The construction and layout of the building would allow for someone to rent the whole first floor, or divide and build out to meet your needs. Call an agent today to add your business to our vibrant downtown!

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303 W Water Street Facts & Features

  • Type Commercial
  • Sq. ft. 8,800
  • Price/Sq.ft. $0
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2004

Location/Region

  • County Or Parish: Winneshiek

Rent/Lease Information

  • Tenant Pays: Gas,Electricity

Tax Information

  • Tax Annual Amount: 17078
  • Tax Assessed Value: 762570
  • Tax Year: 2025

General Information

  • Parcel Number: 111641000700
  • Possible Use: Office,Retail,Other
  • Property Sub Type: Office/Retail
  • Property Type: Commercial Lease
  • Special Listing Conditions: Lease
  • Zoning: c-3

Interior

Building Interior

  • Building Area Total: 8800

General Information

  • Cooling: Central Air
  • Flooring: Tile
  • Heating: Forced Air,Natural Gas

Exterior

Lot Information

  • Frontage Type: Inside Lot,Paved 2Lane
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5016

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Metal

General Information

  • Sewer: Public Sewer

303 W Water Street Neighborhood

Community

52101 (Decorah) Demographics

40
Median Age
42
Population Density (per sq. mile)
52%
College Educated
$61,789
Estimated Median Income
3,834
Estimated Total Home Owners
1,275
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

303 W Water Street Market Data

Based on the last 30 days in this zip code

$461,258
Average List Price
13
Properties Sold
45
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

303 W Water Street History

Date Event Value Agent
6/9/2026Source: Northeast Iowa Regional MLS Added to Database
June 09, 2026
Listing provided courtesy of Harman RealtyNortheast Iowa Regional MLS- MLS# 20262596MLS Provider