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Mixed-Use Restaurant Property
For Sale
$465,000

112 N Main Street, Fairfield, IA 52556

Commercial Sale, Fairfield, IA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market396

Property Features for 112 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Directions North on Main Street, pass Broadway to 112 N. Main. on the left side of the street.
Standard status Active
APN 06-25-309-011
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description OLD PLAT S 22' LTS 1 & 2 BLK 7
Tax Annual Amount 2906
Legal Description OLD PLAT S 22' LTS 1 & 2 BLK 7

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Number of units 3
Building materials Brick, Wood Siding
Architectural style Other
Listing Agency: Village Realty
Listed By: Joanne Terrien · License #***
Added: Aug 6, 2025 Changed: Aug 31 Last Checked: Sep 5 at 1:06PM
MLS# 6330644

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-level mixed-use building pairs a restaurant operation with residential income space. The main floor includes two commercial kitchens, a dining room, beverage service area, commercial sound and lighting systems, exposed brick, a brick pizza oven, POS equipment, refrigeration, freezers, prep areas, storage, and a dry basement. Restaurant equipment, furnishings, fixtures, televisions, bar components, utensils, and small wares are included.

The second floor contains three one-bedroom, one-bath apartments, each with a private kitchen. All three apartments are currently rented. Built in 1900, the property has brick and wood siding construction, forced-air heat, central air, and public water. Business/Commercial zoning supports the stated mixed-use configuration. The address is 112 N Main Street in Fairfield, near the town square and downtown shops.

Key Highlights

  • 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

Property Analytics

Current Use

Mira's Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Grocery & Convenience Store Pharmacy Auto Parts Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

958
Businesses Nearby

Demographics for 52556, IA

11,736
Population
6,141
Households
1.9
Avg Household Size
48
Median Age
46%
College-Educated
97%
High-School Grad
175.5 sq mi
ZIP Area
67
Density / Sq Mi
$55,528
Median Household Income
$31,210
Median Earnings
$877
Median Rent
$168,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial building combines a fully equipped restaurant with three upstairs residential apartments.
Where is this mixed-use property located?
The property is located at 112 N Main Street Fairfield, IA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 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
More about this property
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