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Fayette, IA

Fayette, IA Commercial Real Estate for Sale

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Wadena, IA Arlington, IA West Union, IA Westgate, IA Oelwein, IA Clermont, IA Sumner, IA Strawberry Point, IA

Mixed-Use Property in Downtown Fayette

Updated: May 6, 2025

Mixed-Use Property in Downtown Fayette

152 S Main Street, Fayette, IA 52142

$60,000

5,395 sqft

Three buildings included in the property sale.
Main building features a 3‑bedroom apartment (or two separate apartments) for rental income.
Over 3000 sq ft of open space on the main floor between two attached buildings.
Located in downtown Fayette, a college town.
Versatile property suitable for various businesses (e.g., brewery, coffee house, restaurant).

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Fayette, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Farmland Corner Tract

Agricultural Farmland Corner Tract

24807 Neon Road, West Union, IA 52175

$754,000

52.00 AC lot

Corner farmland in agricultural zoning with predominantly Fayette and Downs silt loam soils for productive tillable use.

Former Auto Repair Shop Building

Former Auto Repair Shop Building

105 & 107 Cass Street, Westgate, IA 50681

$93,000

1.15 AC lot

Commercial building with an office, half bath, heated and cold-storage areas, and concrete shop floors with drains.

Former Auto Repair Shop with Storage

Former Auto Repair Shop with Storage

105 & 107 Cass Street, Westgate, IA 50681

$93,000

4,560 sqft

Versatile multi-parcel building with heated and cold storage, office area, and concrete work floors with drains.

Tillable Farmland Tract

Tillable Farmland Tract

24807 Neon Road, West Union, IA 52175

$754,000

Predominantly silt loam soils with extensive tillable acreage offer a straightforward option for cultivating crops.

Off-Market Properties in Fayette, IA

Consider similar Off-Market properties in Fayette, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

140 Main St, Fayette, IA 52142-7607

Value Estimation by Request

4,348 sqft 0.09 AC lot

Fayette, IA 52142

COMMERCIAL (GENERAL)

Fayette, IA 52142

Value Estimation by Request

13.20 AC lot

2 Washington St

MINI-WAREHOUSE, STORAGE

2 Washington St, Fayette, IA 52142-9295

Value Estimation by Request

3,360 sqft 0.29 AC lot

WAREHOUSE, STORAGE

105 Water St, Fayette, IA 52142-7628

Value Estimation by Request

3,968 sqft 0.19 AC lot

OFFICE BUILDING

144 Main St, Fayette, IA 52142-7607

Value Estimation by Request

687 sqft 0.05 AC lot

WAREHOUSE, STORAGE

500 Wadena Rd, Fayette, IA 52142-9174

Value Estimation by Request

1,176 sqft 5.84 AC lot

RETAIL STORES (PERSONAL SERVICES)

10 Main St, Fayette, IA 52142-7604

Value Estimation by Request

6,050 sqft 0.21 AC lot

COMMERCIAL (GENERAL)

801 Hwy 150, Fayette, IA 52142

Value Estimation by Request

15.83 AC lot

LIGHT INDUSTRIAL

120 Main St, Fayette, IA 52142

Value Estimation by Request

2,970 sqft 0.15 AC lot

RETAIL STORES (PERSONAL SERVICES)

152 Main St, Fayette, IA 52142-7607

Value Estimation by Request

3,500 sqft 0.13 AC lot

RETAIL STORES (PERSONAL SERVICES)

101 Main St, Fayette, IA 52142-7701

$910,000

Estimated value

8,350 sqft 0.50 AC lot

MOBILE HOME PARK, TRAILER PARK

404 Wadena Rd, Fayette, IA 52142-9165

Value Estimation by Request

3.47 AC lot

622 Mechanic St

WAREHOUSE, STORAGE

622 Mechanic St, Fayette, IA 52142-7626

Value Estimation by Request

2,016 sqft 0.77 AC lot

515 12th W Water St

HOTEL/MOTEL

515 12th W Water St, Fayette, IA 52142-9726

$585,000

Estimated value

25,398 sqft 4.62 AC lot

BARBER, HAIR SALON

109 King St, Fayette, IA 52142-9736

Value Estimation by Request

610 sqft 0.17 AC lot

PROFESSIONAL BUILDING

231 Main St, Fayette, IA 52142-7621

Value Estimation by Request

1,792 sqft 0.15 AC lot

201 Washington St

WAREHOUSE, STORAGE

201 Washington St, Fayette, IA 52142

Value Estimation by Request

2,100 sqft 0.16 AC lot

RESTAURANT

104 Main St, Fayette, IA 52142-7607

Value Estimation by Request

1,808 sqft 0.05 AC lot

600 Mechanic St

VACANT COMMERCIAL LAND

600 Mechanic St, Fayette, IA 52142

Value Estimation by Request

0.14 AC lot

COMMERCIAL (GENERAL)

Madison St, Fayette, IA 52142

Value Estimation by Request

0.61 AC lot

Fayette, IA 52142

VACANT COMMERCIAL LAND

Fayette, IA 52142

Value Estimation by Request

3.50 AC lot

Fayette, IA 52142

VACANT COMMERCIAL LAND

Fayette, IA 52142

Value Estimation by Request

0.40 AC lot

Fayette, IA 52142

VACANT COMMERCIAL LAND

Fayette, IA 52142

Value Estimation by Request

18.14 AC lot

Fayette, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Fayette, IA on our real estate platform. These investment opportunities span a total of 5,395 square feet of properties for sale, with an estimated market value of $60,000.

Sale prices for business properties in Fayette, IA start at $60,000, averaging $60,000, and reaching up to $60,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,992

Population Growth (5Y) +13.0%

Median Household Income $48,718

College Educated 36.0%

High-Yield Neighborhoods for Investment

Identify Fayette submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
52142	$60K

Taxes & Financing

Tax Rate (average for all types) 2.15%

Property Tax per SF $16.58 per SF

Tax Rate vs County Average 0.34 pp below county avg

Average Loan-to-Value 65.0%

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