Decorah, IA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Decorah, Iowa Market population: 8K. Explore income-producing properties with verified cap rates and operating...
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11 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Decorah IA Properties: 1.3700%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Decorah IA
Common questions from investors exploring commercial real estate in Decorah IA.
What's the overall investment potential of Decorah, IA, considering its demographics and economy?
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Decorah's relatively low poverty rate of 10.2% and high health insurance coverage of 96.7% suggest a stable market with employment opportunities, while its top industries in Finance & Insurance and Public Administration indicate a diverse economy, making it an attractive location for real estate investment.
How does the city's commute time and transportation infrastructure impact rental demand?
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The average commute time of 9.0 minutes in Decorah is remarkably low, and with top commute methods including walking and working from home, it indicates a city with convenient and flexible transportation options, which can contribute to higher rental demand and a more stable tenant base, especially considering the city's median household income of $47,619.
What role does ethnic diversity play in the demand for real estate in Decorah?
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Although Decorah has a relatively low foreign-born rate of 2.3%, its top ethnicities being White and White Non-Hispanic suggest a homogeneous community, but the presence of Hispanic and potentially other ethnic groups could indicate growing diversity, which, combined with the city's low poverty rate and high health insurance coverage, might attract a variety of renters and buyers, supporting market demand.
How do the median property value and taxes in Decorah compare to its overall economic stability?
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With a median property value of $144,800 and median property taxes of $1,870, Decorah presents a relatively affordable housing market, especially considering its median household income of $47,619 and low poverty rate of 10.2%, which, along with a high homeownership rate of 66.3%, suggests economic stability and potential for long-term property appreciation.
What insights can be gleaned from Decorah's employment population and top industries for real estate investors?
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The employed population of 4,583 and top industries in Finance & Insurance, Public Administration, and Transportation & Warehousing suggest a diversified and stable job market, which, combined with the city's low average commute time of 9.0 minutes and high health insurance rate of 96.7%, indicates a strong potential for rental income stability and property value growth, making Decorah an attractive location for real estate investment.
Decorah IA Real Estate & City Facts
Key facts and real estate information about Decorah IA.
What are some of the best neighborhoods to live in Decorah?
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Some of the best neighborhoods to live in Decorah include the areas around Phelps Park, Dunnings Spring Park, and the downtown area. These neighborhoods offer a mix of historic homes, modern amenities, and easy access to outdoor recreation opportunities. Additionally, the city has a number of subdivisions and developments that offer a range of housing options, from starter homes to luxury properties.
What are some fun things to do in Decorah?
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Decorah has a lot to offer when it comes to things to do. Visitors can explore the Vesterheim Norwegian-American Museum, hike to the top of Dunnings Spring Park, or take a stroll along the Trout Run Trail. The city also has a number of shops, restaurants, and galleries to explore, including The Landing Market, a modern food hall with a variety of local vendors. In the summer, Decorah hosts a number of festivals and events, including the Decorah Farmers Market and the Nordic Fest.
What is the food scene like in Decorah?
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The food scene in Decorah is thriving, with a number of local restaurants and cafes serving up everything from traditional Norwegian cuisine to modern American fare. Some popular spots include Mabe's Pizza, The Buzz, and La Rana Bistro. There are also plenty of great food trucks and vendors at the Decorah Farmers Market, which takes place every Saturday morning during the summer. And for those looking for a unique dining experience, The Landing Market offers a variety of local vendors and a fun, casual atmosphere.
What are the pros and cons of living in Decorah?
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One of the biggest pros of living in Decorah is its natural beauty, with plenty of opportunities for outdoor recreation and a strong sense of community. The city also has a number of cultural attractions, including the Vesterheim Norwegian-American Museum and the Decorah Arts Center. However, some cons of living in Decorah include its small size, which can limit job opportunities and entertainment options. Additionally, the city can be quite cold in the winter, with plenty of snow and ice. Overall, though, Decorah is a great place to live for those who value a close-knit community and easy access to the outdoors.
Is Decorah a good place to live?
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Decorah is a great place to live for those who value a close-knit community, natural beauty, and a relaxed pace of life. The city has a number of amenities, including a hospital, a library, and a number of parks and recreation facilities. Additionally, Decorah is home to Luther College, which provides a number of cultural and educational opportunities. While it may not be the best fit for everyone, Decorah is definitely worth considering for those looking for a small-town lifestyle with plenty of charm and character.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Decorah IA Commercial Property: $47,619
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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