Two-Suite Mixed-Use
New
For Sale
$117,000
502 W Burlington Avenue, Fairfield, IA 52556
Commercial Sale, Fairfield, IA
Property SizeContact for details
Lot Size0.18 Acres
Days on Market2
Property Features for 502 W Burlington Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Basement
Partial
Subdivision
GRIMES
Lot features
Corner Lot
Directions
From the Square, go west on Burlington.
Standard status
Active
APN
0626477004
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
GRIMES LT 2 BLK 2
Tax Annual Amount
3440
Legal Description
GRIMES LT 2 BLK 2
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1995
Number of units
1
Flooring type
Concrete
Building materials
Frame, Vinyl Siding
Roof type
Metal
Architectural style
Other
Listing Agency:
Fairfield Real Estate
(641) 472-2353
Listed By:
Amber Lyons · License #***
(641) 208-4543
Added: Aug 25
Last Checked: Aug 26 at 5:06AM
MLS# 6341959
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 commercial property is configured as two independent suites, each with a private exterior entrance and its own half bathroom. The layout can also support consolidation into a larger business space. An unfinished poured-concrete basement provides additional storage, while concrete flooring, forced-air heating, central air, and a metal roof support the building’s functional design. The property was built in 1995 with frame construction and vinyl siding.
Located at 502 W Burlington Avenue in Fairfield, the building includes a rear parking lot and an easement that provides access to the neighboring building on the east. Public water service is in place. The suite arrangement offers flexibility for office, retail, service-based, or multiple-business occupancy as described for the property.
Located at 502 W Burlington Avenue in Fairfield, the building includes a rear parking lot and an easement that provides access to the neighboring building on the east. Public water service is in place. The suite arrangement offers flexibility for office, retail, service-based, or multiple-business occupancy as described for the property.
Key Highlights
- Two separately arranged commercial suites, each with a private exterior entrance and half bathroom
- Unfinished poured‑concrete basement for additional storage
- Rear parking lot included with easement access to the building east of the property
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
988
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial layout with separate entrances, private restrooms, basement storage, and rear parking.
Where is this mixed-use property located?
The property is located at 502 W Burlington Avenue Fairfield, IA.
What is the asking price?
The asking price for this property is $117,000.
What are key features of this property?
This property features: Two separately arranged commercial suites, each with a private exterior entrance and half bathroom; Unfinished poured‑concrete basement for additional storage; Rear parking lot included with easement access to the building east of the property
