Mixed-Use Property with
For Sale
$455,000
112 N Main Street, Fairfield, IA 52556
Commercial Sale, Fairfield, IA
Property SizeContact for details
Lot Size0.07 Acres
Days on Market444
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
(641) 472-2874
Added: Aug 6, 2025
Changed: Oct 20
Last Checked: Oct 23 at 11:06PM
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.
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Investment Insights
Based on property information with market context.
At 112 N Main Street in Fairfield, this mixed-use property combines a main-level restaurant with three upstairs apartments. Each apartment has one bedroom and one bathroom. The restaurant includes two commercial kitchens, storage and prep areas, a coffee and drinks bar, and an Italian brick pizza oven. The sale also includes the restaurant’s equipment, appliances, fixtures, touchscreen POS systems, and smallware.
The building is east-facing and located in downtown Fairfield near the town square. It sits on a 0.07-acre lot and is zoned Business/Commercial. Built in 1900, the property has brick and wood siding, forced-air heating, central air, and public water. All four units are currently rented.
The building is east-facing and located in downtown Fairfield near the town square. It sits on a 0.07-acre lot and is zoned Business/Commercial. Built in 1900, the property has brick and wood siding, forced-air heating, central air, and public water. All four units are currently rented.
Key Highlights
- Mixed‑use building with a restaurant and 3 one‑bedroom, one‑bathroom apartments
- All 4 units are currently rented
- Restaurant has 2 commercial kitchens with storage and prep areas
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three second-floor apartments sit above a restaurant, and all four units are currently rented.
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 $455,000.
What are key features of this property?
This property features: Mixed‑use building with a restaurant and 3 one‑bedroom, one‑bathroom apartments; All 4 units are currently rented; Restaurant has 2 commercial kitchens with storage and prep areas
