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Property profile & analytics
FOR SALE
Turn key restaurants

117 W Broadway Ave Fairfield, IA 52556

4,186 SF 0.07 ac lot Built 1900
Individually Owned 5-yr Hold Free & Clear
Property ID
US25-1873702
No photos on file
For Sale
Contact for pricing 4,186 SF
117 W Broadway Ave, Fairfield, IA 52556
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Property summary
AI-generated overview

This exceptional commercial property, located at 117 W Broadway Avenue in Fairfield, Iowa, presents a unique opportunity for businesses seeking a vibrant and functional workspace. Situated on a 0.06-acre lot, this building offers prominent street access and the convenience of private rear parking. The interior features a welcoming reception area, perfect for greeting clients and visitors. Three well-appointed private offices provide ample space for individual work or team collaboration. A dedicated conference room facilitates meetings and presentations, while multiple open areas offer flexibility for various business needs, allowing for expansion and adaptation to changing requirements. The property also includes a convenient dinette area for staff breaks and a full bathroom. The building's strategic location within a desirable Fairfield square ensures high visibility and accessibility. Priced at $125,000, this property represents an excellent investment opportunity for businesses looking to establish or expand their presence in a thriving community. The building's design and amenities make it an ideal choice for a variety of commercial uses, offering a blend of privacy and open collaborative spaces. Don't miss this chance to secure a prime commercial location in Fairfield.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction FRAME
Total area 4,186 SF
Lot 0.07 ac (2,904 SF)
APN 06-25-335-018
UPID US25-1873702
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Green Gourmet Restaurant Restaurant
  • Rock Creek Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bhooshanpatie Singh · 5 yrs held
Bhooshanpatie Singh
since 2020
Last sale
$85,000
3 recorded transactions
2020
Price N/A
2020
Price N/A
2010
$85,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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