110 Court Street, Decorah, IA 52101
Friest & Associates Realtors, PC
Office: (563) 382-3227
Email: faar@friest.com
Website: www.friest.com
915 Centrum Plaza, Decorah, IA 52101
MLS ID #:
20152596

Property Address:
915 Centrum Plaza
Decorah, IA 52101

County:
Winneshiek

Region:
Outside Area

Area:
Winneshiek

Location:
Strip Center

Miles to Airport:
3

Miles to Highway:
Hwy 9 with traffic lights

Year Built:
1986

Property Type:
Commercial

Sub-Type:
Retail

Building Description:
Multi-Tenant, 1 Story

Date Listed:
March 16th, 2015

Status:
Active

Price:
$10,400.00

Ownership:
Corporation

Possession:
Immediate

Gross Taxes:
$1.13

Tax Year:
2014

Tax Incentives:
In City Limit

Multi-Tenant:
Yes

Tenant Pays:
Water/Sewer

For Lease:
Yes

Terms/Lease:
5 Years, Over 5 Years

Options:
Other Options

Lease Type:
Modified

Sale/Lease Type:
Lease

Lease $/Month:
$866.00

Lease $/SqFt:
$6.50

Zoning:
C

Tiered Sliding:
Yes

Potential Use:
Office, Retail, Other Potential Uses

Legal Desc:
Part of Centrum Plaza area, LOT 5 CENTRUM SUBD Sec/Twp/Rng 21-98-8

Amenities:
Cable

Included:
Land, Building

Total Avail Sq Ft:
6,400 sq ft

Total Building Sq Ft:
6,400 sq ft

Office SqFt:
6,400 sq ft

Retail SqFt:
6,400 sq ft

Lot Sq Footage:
1,600

Misc:
Close to Shopping

Frontage/Access:
Frontage Road

Exterior:
Glass

Wall Construction:
Block

Floor Construction:
Concrete

Common Area:
Yes

Utilities Available:
Electric, Gas, Water, Sewer, Phone

Sewer Type:
City Sewer

Remarks: Retail area with 1,600 sq ft of clear-span space with restrooms at rear area for Bay # 1. Rental price for the NET can be locked into a long term contract. Triples are on a year to year variable depending on what the actual costs for taxes - insurance - exterior upkeep of grounds come in at. NEED More than 1,600 sq ft???? There is an option to have any combination of BAYS 1, 2, 3, and 4 adjoining each other for a total of 6,400 sq ft of retail area with bathrooms, shower stall area, offices and 2 rear entry doors for deliveries only that the public would not see or have access to during business hours. This Centrum Plaza has V Nails & Spa right next to Christopher Banks at the other side of this complex along with Great Dragon restaurant and Goodwill industries next to these bays for lease. Ample parking area is provided for clients and patrons, Easy access from Hwy 9 at the Short St turn-off. Bay has a delivery access door at the rear with a rear service road for deliveries during retail hours. This area of Decorah south of Hwy 9 has been adding in retail areas and services, has a strong draw and presence to attract a wide range of shoppers. Now Open, FairField Inn & Suites along Hwy 9 along with the Hotel Winneshiek are providing lodging, restaurant and conference options for groups to make Decorah a destination point for events. Another bike trail is being planned out and ideas presented on how to connect up the current 11 mile loop into the 22 mile Prairie Farmer Bike trail system that connects from Calmar to Cresco IA. We have a 5 year tax abatement incentive inside Decorah right now that is promoting housing renovations and new construction, up to $ 400,000 of improvements / construction would be abated for 5 years from the assessed value of the property.
Realtor/Equal Housing Lender Listing provided courtesy of Cedar Valley Iowa Realty - Decorah.
Listing Agent: William Stoen
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Property Location Map

915 Centrum Plaza, Decorah, IA 52101

Additional Photos

  • 915 Centrum Plaza, Decorah, IA 52101
  • 915 Centrum Plaza, Decorah, IA 52101