702 Short StreetDecorah, IA 52101

Commercial · 4,500 Sq. ft. | 0.70 Acres
$1,200,000 ACTIVE

702 Short Street Overview

Time on Site:
125 days
Visits:
33

This 4,500-square-foot commercial building sits on 0.70 acres along one of Decorah’s highest-trafficked areas, offering outstanding visibility and daily exposure. Formerly a car dealership, the property is built for performance and adaptable use. The front 1,300 square feet features a professional office layout with reception area and fireplace, multiple private offices, and a kitchenette—well-suited for client-facing operations. The rear 3,200 square feet consists of open-span industrial space with four overhead doors, providing efficient access, workflow, and flexibility. The combination of finished office and functional shop space supports a wide range of uses, including dealership, service headquarters, retail showroom, restaurant conversion, light manufacturing, church, or flex space. Located near established national retailers such as Hy-Vee, Kwik Star, and McDonald’s, the site benefits from strong traffic counts and a proven trade area. Ample on-site parking and adaptable zoning further expand the possibilities.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

702 Short Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,500
  • Price/Sq.ft. $267
  • Lot 0.70 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2000

Location/Region

  • County Or Parish: Winneshiek

Tax Information

  • Tax Annual Amount: 18938
  • Tax Assessed Value: 642340
  • Tax Year: 2024

General Information

  • Parcel Number: 112117900800
  • Property Sub Type: Office/Industrial
  • Property Type: Commercial Sale
  • Special Listing Conditions: Normal Sale
  • Zoning: C-1

Interior

Building Interior

  • Building Area Total: 4500

Exterior

Lot Information

  • Lot Size Acres: 0.7
  • Lot Size Square Feet: 30589

702 Short 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.

702 Short Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

702 Short 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

702 Short Street History

Date Event Value Agent
4/20/2026Source: Northeast Iowa Regional MLS Price Reduction
$1,200,000 -15.8%
2/24/2026Source: Northeast Iowa Regional MLS Added to Database
February 24, 2026
Listing provided courtesy of AWRE - Commercial & DevelopmentNortheast Iowa Regional MLS- MLS# 20260739MLS Provider