152 S Main Street Fayette, IA 52142

Building Details

Year Built

1921

Listing office Volga River Realty j***@hawkeyetel.com Show Phone

Listing date May 6, 2025

Source Exitrealty

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Investment Insights

Based on property information with market context.

This property presents a significant opportunity in downtown Fayette, encompassing three buildings. The main structure is a two-story building that includes a three-bedroom apartment, which can be split into a one-bedroom and a two-bedroom apartment. Attached to the main building is a second building, creating an open space of over 3000 square feet on the main floor. Behind these two buildings is a 24 x 46 older garage. Historically, the property has functioned as a grocery store, meat locker, and cafe, and it features an old pulley elevator in the back. Potential uses for the property include a craft brewery or distillery, coffee house, or restaurant. The apartment provides rental income for the owner, complementing the business operating below. This property is located in a college town in Northeast Iowa and offers diverse possibilities.

Key Highlights

• Three buildings included in the property sale.
• Main building features a 3‑bedroom apartment (or two separate apartments) for rental income.
• Over 3000 sq ft of open space on the main floor between two attached buildings.

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Mixed-use property - Three buildings with mixed-use potential in a college town.

Where is this mixed-use property located?

The property is located at 152 S Main Street Fayette, IA.

What is the asking price?

The asking price for this property is $60,000.

What are key features of this property?

This property features: Three buildings included in the property sale.; Main building features a 3‑bedroom apartment (or two separate apartments) for rental income.; **Over 3000 sq ft of open space** on the main floor between two attached buildings.