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    Fairfax, IA
    Conventional Restaurant

    Fairfax, IA Conventional Restaurants for Sale

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    Cedar Rapids, IA Walford, IA Swisher, IA Amana, IA Robins, IA Hiawatha, IA Ely, IA
    Small Restaurant Building
    Updated: Apr 11
    Small Restaurant Building

    515 Williams Boulevard Sw, Fairfax, IA 52404

    Contact for pricing
    Small restaurant building with conversion potential for retail or office use
    New parking lot included
    Existing equipment conveys with the property
    Access and visibility from 151
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Fairfax, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Renovated Restaurant Condo
    Renovated Restaurant Condo

    A-796 11th St, Marion, IA 52302

    $725,000
    4,813 sqft

    Fully leased first-floor space includes a catering-size kitchen and an active five-year lease.

    View details
    Freestanding Restaurant with Drive-Through
    Freestanding Restaurant with Drive-Through

    3401 E Avenue NW, Cedar Rapids, IA 52402

    Contact for pricing
    2,927 sqft 1.17 AC lot

    Substantially built-out restaurant with commercial kitchen infrastructure and prominent on-site signage.

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    Fast Casual Restaurant with FF&E
    Fast Casual Restaurant with FF&E

    3200 16th Avenue Sw, Cedar Rapids, IA 52404

    Contact for pricing

    Established restaurant sale includes furniture, fixtures, equipment, and build-out with favorable lease terms.

    View details
    Restaurant Property With Retail Space
    Restaurant Property With Retail Space

    855-895 Blairs Ferry Rd, Marion, IA 52302

    Contact for pricing

    Two adjoining buildings provide a restaurant setup, flexible commercial space, shared parking, and rear service access.

    View details

    Fairfax, IA Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Fairfax, IA on our real estate platform.

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    Demographics Overview

    Population 3,865
    Population Growth (5Y) +17.0%
    Median Household Income $121,366
    College Educated 59.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.44%
    Property Tax per SF $34.68 per SF
    Tax Rate vs County Average 0.56 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Linn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Linn County

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