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    Fairfield, IA
    Conventional Restaurant

    Fairfield, IA Conventional Restaurants for Sale

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    Turnkey Restaurant and Apartments
    Updated: Aug 6, 2025
    Turnkey Restaurant and Apartments

    112 N Main Street, Fairfield, IA 52556

    $465,000
    Dual‑use building: fully equipped restaurant plus three rented 1‑bedroom, 1‑bath apartments
    Main level restaurant includes 2 commercial kitchens, dining area, coffee & drinks bar, and an Italian brick pizza oven
    Restaurant equipped with touchscreen POS system, commercial sound system, motorized blinds, modern lighting, and exposed brick walls
    Second floor has 3 units, each with a private kitchen; all units currently rented
    Apartment rents total $2,575 per month (minus utilities)
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Fairfield, 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.

    Historic Hotel and Restaurant
    Historic Hotel and Restaurant

    1290 Mulholland Street, Nauvoo, IL 62354

    $2,989,000
    2.06 AC lot

    For sale hospitality property with a full-service restaurant, lounge, and eight overnight guest rooms plus rear parking access.

    View details
    Downtown Mixed-Use Restaurant Property
    Downtown Mixed-Use Restaurant Property

    207 Main St., Columbus Junction, IA 52738

    $140,000
    3,040 sqft

    Two leased storefront restaurant spaces with two occupied one-bedroom apartments above, plus full basements and rear alley access.

    View details
    Mixed-Use Café and Retail Building
    Mixed-Use Café and Retail Building

    1255 Mulholland Street, Nauvoo, IL 62354

    $495,000

    Downtown commercial zoning building with café seating, kitchen and service areas, plus a corner retail space and apartment above.

    View details
    Mixed-Use Property with Restaurant Tenants
    Mixed-Use Property with Restaurant Tenants

    Columbus Junction, IA 52738

    $140,000
    0.06 AC lot

    Two leased restaurant storefronts with occupied apartments above offer a live-work style income stream in downtown Columbus Junction.

    View details

    Fairfield, IA Conventional Restaurants Market Trends and Statistics

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

    Sale prices for conventional restaurants in Fairfield, IA average $465,000 — 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 12K
    Population Growth (5Y) -15.1%
    Median Household Income $55,528
    College Educated 81.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $30.55 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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