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    Fairfield, IA
    Conventional Restaurant

    Fairfield, IA Conventional Restaurants for Sale

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    Restaurant Property with Equipment
    Updated: Aug 25
    Restaurant Property with Equipment

    500 W Burlington Avenue, Fairfield, IA 52556

    $289,000
    0.21 AC lot
    Operating tenant: Imperial Buffet Chinese Restaurant, in year two of a five‑year lease
    Sale includes coolers, freezer, buffet bars, and additional restaurant equipment
    0.21‑acre restaurant property at 500 W Burlington Avenue, Fairfield, IA 52556
    Front parking plus additional easement parking on the west side of the building
    Business/Commercial zoning with public water service
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    Mixed-Use Restaurant Property
    Updated: Aug 6, 2025
    Mixed-Use Restaurant Property

    112 N Main Street, Fairfield, IA 52556

    $465,000
    0.07 AC lot
    Mixed‑use building with restaurant space and three residential apartments
    Restaurant includes two commercial kitchens and an authentic Italian brick pizza oven
    Three 1‑bedroom, 1‑bath apartments, each with a private kitchen
    All three apartments are currently rented
    Sale includes restaurant equipment, appliances, fixtures, TVs, bar setup, utensils, and small wares
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    Restaurant Property with Equipment
    Restaurant Property with Equipment

    500 W Burlington Avenue, Fairfield, IA 52556

    Contact for pricing

    Operating restaurant property with included equipment, front parking, and an established lease in place.

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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 7 Potential Opportunities for your consideration. Besides 3 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.

    Fully Equipped Restaurant
    Fully Equipped Restaurant

    226 S Main St, North English, IA 52316

    $140,000
    1,920 sqft

    Business/commercial-zoned space includes a furnished dining area, equipped kitchen, restrooms, and private office.

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    Restaurant Building with Game Room
    Restaurant Building with Game Room

    315 Church Street, Ottumwa, IA 52501

    $699,000

    Block construction with a fully equipped kitchen, dining area, storage, and customer restrooms.

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    Equipped Restaurant with Walk-In Freezer
    Equipped Restaurant with Walk-In Freezer

    226 S Main St, North English, IA 52316

    $140,000

    Restaurant space includes a fully equipped kitchen, dining area, and private office.

    View details
    Conventional Restaurant with Game Room
    Conventional Restaurant with Game Room

    315 Church Street, Ottumwa, IA 52501

    Contact for pricing

    Commercial property includes a fully equipped kitchen, dining area, storage, and customer restrooms.

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    Fairfield, IA Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Fairfield, IA, showcased through 3 active listings on our real estate platform.

    Sale prices for conventional restaurants in Fairfield, IA start at $289,000, averaging $377,000, and reaching up to $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3

    Demographics Overview

    Population 12K
    Population Growth (5Y) -15.1%
    Median Household Income $55,528
    College Educated 81.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    52556 $384.5K

    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%

    Listings Trend

    New vs delisted commercial listings in Jefferson County

    New Delisted

    Total CRE Inventory on Market (SF)

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    • 52556

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