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    2709 Briggs Ave Fairfield, IA 52556

    Sponsored
    For Sale
    $600,000

    Multi-unit commercial building, high visibility, great location.

    Property size:
    7,780 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 7,780 square foot commercial property, situated on a 1.27-acre lot at 2709 W Briggs Avenue in Fairfield, IA, presents a rare investment opportunity. The beautifully renovated building boasts four separate en-suite units, each with independent utility connections, providing flexibility for owner-occupancy and rental income. Each unit offers individual office space, some with reception areas, private bathrooms, and open areas, catering to diverse business needs. Access to each unit is convenient via stairs and ramps, with ample parking available both in front and rear of the building, including secondary entrances. Street signage is provided for each tenant. The building's prime location ensures high visibility, close proximity to retail and restaurants, and easy accessibility from busy thoroughfares. A spacious, poured concrete basement, accessible through a shared rear hallway, offers additional versatile space for storage or expansion. All systems and spaces have undergone recent updates, tailored to meet the needs of current tenants. Currently, all four units are independently occupied, with Ensuite #1 becoming vacant December 1, 2024. Existing leases and tenant rights will transfer to the new owner. This property offers a compelling combination of income generation and potential for future growth. A 24-hour notice is required for showings of each individual space. Serious inquiries only.

    Property Features for 2709 Briggs Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,780 SF
    Lot Size
    55,321 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    The Beehive Hair Salon Temp Associates Employment Agency Adam Mcmann Nurse Practitioner Friendly Family Practice Medical Clinic Eilene Swartz Nurse Practitioner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Jefferson
    State
    Iowa
    Longitude
    -91.99429
    Latitude
    41.00882

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    FAQs

    What type of property is this?
    Commercial real estate - Multi-unit commercial building, high visibility, great location.
    Where is this commercial real estate located?
    The property is located at 2709 Briggs Ave Fairfield, IA.
    What is the asking price?
    The asking price for this property is $600,000.
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    2709 Briggs Ave Fairfield, IA 52556
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2709 Briggs Ave Fairfield, IA 52556
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