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Mixed-Use Property with Garages
For Sale
$223,900

120 S Main Street, Fairfield, IA 52556

Two-level building combines an apartment residence with adaptable commercial space and substantial garage capacity.

Property Size2,968 SF
Price / SF$75.44
Days on Market27

Property Features for 120 S Main Street

General Information

Standard status Active
Size 2,968 SF
Property subtype Commercial
Zoning Business/Commercial, Resi

Additional Details

Floor Lower Level

Taxes and HOA fees

Annual Taxes $2,744

Building Details

Building Size 2,968 SF
Year Built 1950
Units 2
Listing Agency: Fairfield Real Estate
Listed By: Loren Town · License #***
Source: Sweeneyrealestate
Added: Jul 13 Changed: Aug 7 Last Checked: Aug 8 at 12:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fairfield Real Estate

Investment Insights

Based on property information with market context.

Built in 1950, this 2,968-square-foot mixed-use property combines residential and commercial components. The upper floor contains a three-bedroom, two-bathroom apartment with an open kitchen and living area designed around abundant natural light. The lower level was previously used as a chiropractic office and offers adaptable commercial space or a potential conversion layout, subject to applicable requirements.

The property is located at 120 S Main Street in Fairfield, Iowa, approximately half a block from the Square. Garage improvements include a detached three-car structure and an attached one-car garage, providing substantial storage and vehicle capacity. Zoning is identified as Business/Commercial and Resi.

Key Highlights

  • 2,968 SF mixed‑use property built in 1950
  • Upper‑level apartment includes 3 bedrooms and 2 bathrooms
  • Open kitchen and living area with abundant natural light

Property Analytics

Current Use

Hunt Chiropractic Alternative Medicine Practice Howard L. Hunt, ... Alternative Medicine Practice

Suggested Use

Top Pick Locksmith Carpet & Flooring Store Grocery & Convenience Store Barber Shop Catering Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

953
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level building combines an apartment residence with adaptable commercial space and substantial garage capacity.
Where is this mixed-use property located?
The property is located at 120 S Main Street Fairfield, IA.
What is the asking price?
The asking price for this property is $223,900.
What are key features of this property?
This property features: 2,968 SF mixed‑use property built in 1950; Upper‑level apartment includes 3 bedrooms and 2 bathrooms; Open kitchen and living area with abundant natural light
More about this property
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