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Fairfax, IA Restaurants for Sale

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Cedar Rapids, IA Walford, IA Swisher, IA Amana, IA Robins, IA Hiawatha, IA Ely, IA
Small Restaurant Building
Updated: Apr 11
Small Restaurant Building

515 Williams Boulevard Sw, Fairfax, IA 52404

Contact for pricing
Small restaurant building with conversion potential for retail or office use
New parking lot included
Existing equipment conveys with the property
Access and visibility from 151
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Fairfax, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Restaurant Condo
Renovated Restaurant Condo

A-796 11th St, Marion, IA 52302

$725,000
4,813 sqft

Fully leased first-floor space includes a catering-size kitchen and an active five-year lease.

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Fast Casual Restaurant with FF&E
Fast Casual Restaurant with FF&E

3200 16th Avenue Sw, Cedar Rapids, IA 52404

Contact for pricing

Established restaurant sale includes furniture, fixtures, equipment, and build-out with favorable lease terms.

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Restaurant Property With Retail Space
Restaurant Property With Retail Space

855-895 Blairs Ferry Rd, Marion, IA 52302

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Two adjoining buildings provide a restaurant setup, flexible commercial space, shared parking, and rear service access.

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NNN Property With Long-Term Lease
NNN Property With Long-Term Lease

1333 Edgewood Rd SW, Cedar Rapids, IA 52404

Contact for pricing

The lease includes a 20-year term with rent bumps and a 121-unit operator guarantee.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Mixed-Use Zoning
Commercial Land with Mixed-Use Zoning

1406 Adair Court SW lot: 3, Cedar Rapids, IA 52404

$364,815
1.34 AC lot

ILI zoning is identified for retail, office, industrial, restaurant, and business-suite uses.

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Commercial Land with ILI Zoning
Commercial Land with ILI Zoning

1410 Adair Court SW lot: 2, Cedar Rapids, IA 52404

$334,868
1.23 AC lot

1.23-acre development site near Eastern Iowa Airport with zoning supporting varied commercial uses.

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C-4 Commercial Land
C-4 Commercial Land

Stamy Rd lot: 2, Hiawatha, IA 52233

$470,448
2.16 AC lot

C-4 zoning is paired with city water and sewer, natural gas, electric service, and high-speed internet.

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C-4 Commercial Land
C-4 Commercial Land

Tower Terrace Rd lot: 4, Hiawatha, IA 52233

$567,151
2.17 AC lot

C-4-zoned commercial land with city utilities, natural gas, electric service, and high-speed internet available.

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Off-Market Properties in Fairfax, IA

Consider similar Off-Market properties in Fairfax, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

513 Williams Blvd
RESTAURANT

513 Williams Blvd, Fairfax, IA 52228-9746

$375,000
Estimated value
2,418 sqft 0.84 AC lot
View details
303 Church St
RESTAURANT

303 Church St, Fairfax, IA 52228-4702

$230,000
Estimated value
2,852 sqft 0.26 AC lot
View details

Fairfax, IA Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Fairfax, IA on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

Population 3,865
Population Growth (5Y) +17.0%
Median Household Income $121,366
College Educated 59.4%

Taxes & Financing

Tax Rate (average for all types) 2.44%
Property Tax per SF $34.68 per SF
Tax Rate vs County Average 0.56 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Linn County

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