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    117 Broadway Ave Fairfield, IA 52556

    Sponsored
    For Sale
    $125,000

    Prime Location, Three Offices, Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 117 W Broadway Avenue in Fairfield, Iowa, presents a unique opportunity for businesses seeking a vibrant and functional workspace. Situated on a 0.06-acre lot, this building offers prominent street access and the convenience of private rear parking. The interior features a welcoming reception area, perfect for greeting clients and visitors. Three well-appointed private offices provide ample space for individual work or team collaboration. A dedicated conference room facilitates meetings and presentations, while multiple open areas offer flexibility for various business needs, allowing for expansion and adaptation to changing requirements. The property also includes a convenient dinette area for staff breaks and a full bathroom. The building's strategic location within a desirable Fairfield square ensures high visibility and accessibility. Priced at $125,000, this property represents an excellent investment opportunity for businesses looking to establish or expand their presence in a thriving community. The building's design and amenities make it an ideal choice for a variety of commercial uses, offering a blend of privacy and open collaborative spaces. Don't miss this chance to secure a prime commercial location in Fairfield.

    Property Features for 117 Broadway Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Green Gourmet Restaurant Indian Restaurant Rock Creek Real ... Real Estate Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Jefferson
    State
    Iowa
    Longitude
    -91.96466
    Latitude
    41.0079

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Three Offices, Parking
    Where is this commercial real estate located?
    The property is located at 117 Broadway Ave Fairfield, IA.
    What is the asking price?
    The asking price for this property is $125,000.
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    117 Broadway 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
    117 Broadway Ave Fairfield, IA 52556
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