Restaurant Property with
For Sale
Contact for pricing
500 W Burlington Avenue, Fairfield, IA 52556
Operating restaurant property with included equipment, front parking, and an established lease in place.
Property SizeContact for details
Days on Market9
Property Features for 500 W Burlington Avenue
General Information
Standard status
Active
Total Parking Spaces
12
Property subtype
Office, Retail
Zoning
Business/Commercial
Additional Details
Equipment Included
Yes
Building Details
Year Built
1946
Units
1
Tenancy
Single
Listing Agency:
Fairfield Real Estate
Listed By:
Amber Lyons · License #***
(641) 208-4543
Source:
Crexi
Added: Aug 25
Changed: Sep 1
Last Checked: Sep 1 at 10:16PM
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.
This conventional restaurant property was built in 1946 and is currently occupied by Imperial Buffet Chinese Restaurant. The sale includes coolers, a freezer, buffet bars, and additional restaurant equipment, providing an existing operational setup within the building’s spacious layout. Zoning is Business/Commercial.
The current tenant is in year two of a five-year lease, creating an established rental arrangement for the next owner. Parking is available at the front of the property, with additional easement parking on the west side of the building. The property is located at 500 W Burlington Avenue in Fairfield, Iowa.
The current tenant is in year two of a five-year lease, creating an established rental arrangement for the next owner. Parking is available at the front of the property, with additional easement parking on the west side of the building. The property is located at 500 W Burlington Avenue in Fairfield, Iowa.
Key Highlights
- Conventional restaurant property built in 1946
- Current tenant is in year two of a five‑year lease
- Sale includes coolers, a freezer, buffet bars, and additional restaurant equipment
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
6,193 visits/mo
0.3 miles
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 Retail in Midwest region
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Similar Off Market Nearby
- Imperial Buffet — 500 W Burlington Ave, Fairfield, IA 52556
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant property with included equipment, front parking, and an established lease in place.
Where is this conventional restaurant located?
The property is located at 500 W Burlington Avenue Fairfield, IA.
What is the asking price?
The asking price for this property is $304,000.
What are key features of this property?
This property features: Conventional restaurant property built in 1946; Current tenant is in year two of a five‑year lease; Sale includes coolers, a freezer, buffet bars, and additional restaurant equipment
