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    415 4Th St Fairfield, IA 52556

    For Sale
    $84,900

    Spacious Mixed-Use Building, Downtown Fairfield

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This versatile 4,000 square foot commercial building at 415 N 4th Street in Fairfield, Iowa, presents a unique investment opportunity. Previously operating as Dave's Plumbing, the property is now zoned for mixed use, opening a wide range of possibilities for prospective buyers. The building boasts a substantial amount of storage space, including a large partial stone basement, ideal for inventory or archiving. Durable metal walls and a metal roof ensure longevity and low maintenance. Recent improvements include a sewer line replacement approximately five years ago, providing peace of mind. Conveniently located near downtown Fairfield, the property offers ample off-street parking for approximately 20 vehicles. The interior layout includes two spacious 15x15 foot offices, one featuring an attractive wood counter. A large 23x17 foot entry showroom with high ceilings provides a welcoming space for customers. Three generously sized storage rooms (20x20, 20x30, and 26x20) offer ample room for inventory, with the 20x30 room including a half bath. An additional 20x9 secure storage room provides extra space. A detailed list of permitted mixed-use options is available upon request. The property's prime location and flexible zoning make it an excellent choice for a variety of businesses. A virtual tour is available online for a comprehensive view of the property's layout and features. Priced at $84,900.

    Property Features for 415 4Th St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dave's Plumbing & Heating ... Plumber

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -91.96777
    Latitude
    41.01081

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Mixed-Use Building, Downtown Fairfield
    Where is this commercial real estate located?
    The property is located at 415 4Th St Fairfield, IA.
    What is the asking price?
    The asking price for this property is $84,900.
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    415 4Th St 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
    415 4Th St Fairfield, IA 52556
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