112 N Main ST, Fairfield, IA 52556
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112 N Main ST, Fairfield, IA 52556
112 N Main ST, Fairfield, IA 52556
112 N Main ST, Fairfield, IA 52556
112 N Main ST, Fairfield, IA 52556
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Amber Lesnick

Amber Lesnick

+1(515) 229-3402
Listed by Joanne Terrien Village Realty
$ 465,000
Est. payment /mo
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Active

112 N Main ST Fairfield, IA 52556

3,049 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID NOC6330644

Style Retail

Year Built 1900

Annual Tax Amount $2,906

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 22 X 132

Property Description

Turnkey Restaurant & Income Property with exceptional opportunity to own a dual-use building in the heart of Downtown Fairfield. Lovingly maintained & continually upgraded, this property reflects pride of ownership inside & out. The east-facing building offers abundant natural light and is fully equipped for restaurant operations. The main level features 2 commercial kitchens, a spacious dining area with motorized blinds, a coffee & drinks bar, & an authentic Italian brick pizza oven. Additional highlights include a commercial sound system throughout, modern lighting, vintage exposed brick walls, a touchscreen POS system with display screens, plus prep stations, refrigerators, freezers, and ample storage, including a dry basement. The 2nd floor includes 3 1-bedroom, 1-bath apartments, each with a private kitchen. All units are currently rented, providing reliable rental income. The sale includes all restaurant equipment, appliances, fixtures, TVs, bar setup, utensils, and small wares, making this a true turnkey operation. Located just steps from the town square and downtown shops, this property combines a ready-to-run restaurant with steady residential income, offering strong potential for both entrepreneurs and investors. Current rents for the 3 apartments total $2575 per month, minus utilities.

Location

State IA

County Jefferson

Zoning Business/Commercial

Direction North on Main Street, pass Broadway to 112 N. Main. on the left side of the street.

Interior

Heating Forced Air

Cooling Central Air

Exterior

Parking Features Outside, Common

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

View Y/N true

Accessibility None

Total Parking Spaces 14

Building

Sewer City Sewer/Connected

Water Public

Architectural Style Retail

Structure Type Brick,Wood Siding

Schools

School District 2169 - Fairfield

Others

Energy Description Natural Gas

Acceptable Financing NOC6330644

Listing Terms NOC6330644

NEARBY SCHOOL & BUSINESS

Amber Lesnick

Amber Lesnick

Managing Broker/Owner

+1(515) 229-3402

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112 N Main ST