Mixed-Use Restaurant
For Sale
$465,000
112 N Main Street, Fairfield, IA 52556
COMMERCIAL - Other - Fairfield, IA
Property SizeContact for details
Lot Size0.07 Acres
Days on Market380
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
(641) 472-9900
Listed By:
Joanne Terrien · License #***
(641) 472-2874
Added: Aug 6, 2025
Changed: Aug 19
Last Checked: Aug 20 at 10:06PM
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 mixed-use building combines a fully equipped restaurant on the main level with three one-bedroom, one-bath apartments upstairs. The restaurant includes two commercial kitchens, a dining area, coffee and drinks bar, Italian brick pizza oven, prep stations, refrigeration, freezers, storage, and a dry basement. Included equipment and furnishings extend to the bar setup, fixtures, TVs, utensils, small wares, and touchscreen POS displays. Exposed brick, updated lighting, motorized dining-room blinds, and a building-wide sound system are also in place.
Each apartment has a private kitchen, and all three units are currently rented. The property is located at 112 N Main Street in Fairfield, Iowa, steps from the town square and downtown shops. Built in 1900, the building has brick and wood siding construction, forced-air heat, central air, and public water service. Business/Commercial zoning supports the property's combined restaurant and residential configuration.
Each apartment has a private kitchen, and all three units are currently rented. The property is located at 112 N Main Street in Fairfield, Iowa, steps from the town square and downtown shops. Built in 1900, the building has brick and wood siding construction, forced-air heat, central air, and public water service. Business/Commercial zoning supports the property's combined restaurant and residential configuration.
Key Highlights
- Three 1‑bedroom, 1‑bath apartments, each with a private kitchen
- All three apartments are currently rented
- Main level includes 2 commercial kitchens and an Italian brick pizza oven
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Dual-use building combining a fully equipped restaurant with three rented apartments and Business/Commercial zoning.
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: Three 1‑bedroom, 1‑bath apartments, each with a private kitchen; All three apartments are currently rented; Main level includes 2 commercial kitchens and an Italian brick pizza oven
