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    Property profile & analytics

    206 Main St Fayette, IA 52142

    • Bars
    • 1,625 SF
    • 0.07 lot acres
    For Sale
    View listing
    $48,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-2336837
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 206 Main St

    Year built
    1900
    Construction
    BRICK
    Lot size
    0.07 lot acres
    Property size
    1,625 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    1128157016
    APU
    1128157016

    Description

    This exceptional 3,250 square foot commercial property, situated at 206 S Main Street in the heart of Fayette, Iowa, presents a unique investment opportunity. Located conveniently near the Upper Iowa University campus, this property benefits from high visibility and foot traffic. The building sits on a 0.07-acre lot and has undergone significant upgrades since 2010, ensuring modern functionality and aesthetic appeal. The spacious interior layout offers considerable flexibility, making it suitable for a wide range of commercial uses. Entrepreneurs and established businesses alike will appreciate the potential this property offers to establish a thriving enterprise. The asking price of $48,000 represents an attractive entry point into the Fayette commercial real estate market. This property is ready for immediate occupancy and presents a chance to capitalize on a vibrant and growing community. Its central location and recent renovations combine to create a compelling opportunity for a discerning buyer. The ample space allows for creative adaptation to suit various business needs, making it an ideal investment for those seeking a versatile and well-located commercial property. Don't miss this chance to own a piece of downtown Fayette.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fayette
    County
    Fayette
    State
    Iowa
    Longitude
    -91.8026
    Latitude
    42.843

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $846
    $4,230
    $44,780
    $49,010
    -
    $4,230
    $44,780
    $49,010

    Comparable in this City

    • Value Estimation
      $440,000
      8,196 SF

      128 Main St

      RESTAURANT • 8,196 SF
      128 Main St, Fayette, IA 52142-7607
      View Details
    • Value Estimation
      $360,000
      2,412 SF

      228 Main St

      RESTAURANT • 2,412 SF
      228 Main St, Fayette, IA 52142
      View Details
    • Value Estimation by Request
      1,908 SF

      106 7th St

      RESTAURANT • 1,908 SF
      106 7th St, Fayette, IA 52142-7653
      View Details
    • Value Estimation by Request
      1,808 SF

      104 Main St

      RESTAURANT • 1,808 SF
      104 Main St, Fayette, IA 52142-7607
      View Details
    • Value Estimation by Request
      2,700 SF

      222 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      222 Main St, Fayette, IA 52142
      View Details
    • Value Estimation by Request
      3,500 SF

      152 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,500 SF
      152 Main St, Fayette, IA 52142-7607
      View Details

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    • Contact for pricing
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    206 Main St
    Fayette, IA 52142
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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