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Brick Mixed-Use Building
For Sale
$399,000

54-56 N Main Street, Fairfield, IA 52556

COMMERCIAL - Other - Fairfield, IA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market779

Property Features for 54-56 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Subdivision OLD PLAT FAIRFIELD
Directions West side of Town Square
Standard status Active
APN 06-25-312-009
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description OLD PLAT S 22' LT 1 & N 22' LT 4 BLK 14
Tax Annual Amount 5394
Legal Description OLD PLAT S 22' LT 1 & N 22' LT 4 BLK 14

Utilities

Heating system Forced Air
Water source Public

Amenities

large display windows
huge open show room
large storage space
partially finished basement
newly remodeled one bedroom apartment
roof access

Building Details

Year built 1900
Number of units 5
Building materials Brick
Architectural style Other
Listing Agency: Village Realty
Listed By: Michaela McLain · License #S67278
Added: Jul 4, 2024 Changed: Aug 19 Last Checked: Aug 21 at 4:06PM
MLS# 6318975

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 1900-built brick mixed-use building includes 5,412 SF on the main floor, with a broad showroom, substantial rear storage, two half baths, and separate sitting rooms. Alley access serves the back of the property, while the partially finished basement adds additional interior space. The upper level is arranged with multiple private offices, shared rooms, and a hallway-accessed half bath. A separate one-bedroom apartment includes a remodeled three-quarter bath and abundant natural light from windows facing the town square. A rear door provides roof access. The 0.13-acre property has public water, forced-air heating, and on-street parking. Its address is 54-56 N Main Street in Fairfield, Iowa.

Key Highlights

  • 5,412 SF main floor with an open showroom and substantial rear storage
  • Upper level includes multiple offices, communal rooms, and a shared half bath
  • Separate one‑bedroom apartment with a remodeled three‑quarter bath

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Garden Center Pharmacy Grocery & Convenience Store

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main level combines a spacious showroom with rear storage and alley access.
Where is this mixed-use property located?
The property is located at 54-56 N Main Street Fairfield, IA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 5,412 SF main floor with an open showroom and substantial rear storage; Upper level includes multiple offices, communal rooms, and a shared half bath; Separate one‑bedroom apartment with a remodeled three‑quarter bath
More about this property
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