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3292 Hwy 52, Decorah, IA 52101

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For Sale

$1,800,000

4 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • 1-5 Years Old
    Age

Explore this Property

BUSINESS OPPORTUNITY!! Operating at over a 16% Net ROI!! Located in Winneshiek County, IA just north of Decorah, IA the beautiful C5 Arena equestrian facility has become available for purchase. The opportunity is offered as a turnkey highly profitable functioning business including many business property assets. Constructed in 2019 the main building is 100 x 200 with high ceilings, sidewalls and no interior supports making it a massive space for the current operation or many other options. There is an additional 20 x 200 lean to additions on the north and south side of the building currently used for stalls and hay storage. The building also includes a 50 x 100 front addition finished to very nice living quarters, garage and storage areas. This areas offers a full kitchen, living room, 4 bedroom and 2 bath with in floor heat and AC. There is also an additional kitchen and office area on the main level for staff or clients to meet. As you come up the stairs you are greeted with a large viewing and announcing booth as well as staff quarters or guest apartment available for additional income. Outside the main building sits a large parking lot with outdoor lighting, three feed bins, and multiple stalls and training facilities for boarding and training. The east side of the property increases in elevation and includes a 150 x 300 outdoor arena with 160 x 80 back pens, 10 return alley, storage building and stunning view of the surrounding area all complete with outdoor event lighting. The pasture against the rear of the property is clean and wide open and has great fence and buildings for riding or pasturing horses and cattle. This business and facility is located on a 20 acre tract completely fenced with excellent access and frontage right to Hwy 52 offering high traffic counts and hard surface roads making this an excellent opportunity to operate as the current business or change into something else. The sellers spared no expense in doing this building right and the sheer size, quality, and location make this a very unique offering.
MLS# 11097732

Courtesy Of High Point Realty & Auction

(507) 218-1243

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Lot Size
    20 Acres
  • Roof Type
    Metal
  • Rooms
    Living Room

Map and Directions

Directions to 3292 Hwy 52, Decorah, IA 52101

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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