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Mixed-Use Building with Upper Apartment
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101 N 16Th Street, Fairfield, IA 52556

Well-maintained mixed-use building with separate entrances, defined parking, and an upper apartment in B-2 zoning.

Property Size5,800 SF
Price / SF$51.71
Days on Market61

Property Features for 101 N 16Th Street

General Information

Standard status Active
Size 5,800 SF
Total Parking Spaces 14
Property subtype Office, Retail
Zoning Business/Commercial

Additional Details

Multifamily Units 1

Building Details

Year Built 1983
Units 6
Listing Agency: Fairfield Real Estate
Listed By: Tammy Dunbar · License #IA B38077
Source: Crexi
Added: Jun 12 Changed: Aug 11 Last Checked: Aug 11 at 4:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fairfield Real Estate

Investment Insights

Based on property information with market context.

This well-cared-for mixed-use commercial property offers multiple entrances designed to accommodate separate businesses or tenants. The layout is intended to support distinct use areas, and the building also includes an upper apartment that can be used by an owner-operator or another tenant. On-site parking is available with spaces that are defined, supporting day-to-day customer and employee access. With more than 5,800 square feet of total usable space, the building can work for a range of occupancy concepts.

The property is located at 101 N 16th Street in Fairfield, Iowa, and it sits within B-2 zoning. That zoning provides flexibility for appropriate commercial uses, whether you are planning a new storefront, operating multiple businesses, or structuring a partnership arrangement.

For tenants, the separate-entrance configuration can be helpful when coordinating operations while keeping space distinct. For buyers and owner-operators, the combination of retail or office-style space plus an upper apartment supports an integrated live-and-work scenario or a mixed tenancy approach. The defined parking and well-maintained condition further strengthen day-to-day usability for customers and staff.

Key Highlights

  • Well‑maintained mixed‑use commercial building built in 1983
  • Over 5,800 sq ft of total usable space
  • Separate entrances to accommodate different businesses or tenants

Property Analytics

Current Use

Southeast Iowa Case ... Social Service Agency

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Grocery & Convenience Store Catering Service Garden Center (Bike/Boat/Book/etc) Store

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

316
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Well-maintained mixed-use building with separate entrances, defined parking, and an upper apartment in B-2 zoning.
Where is this office units located?
The property is located at 101 N 16Th Street Fairfield, IA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Well‑maintained mixed‑use commercial building built in 1983; Over 5,800 sq ft of total usable space; Separate entrances to accommodate different businesses or tenants
(641) 919-2625 Call to check price and availability
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