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Fairfield, IA

Restaurants

Fairfield, IA Restaurants for Sale

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Libertyville, IA Birmingham, IA Batavia, IA Lockridge, IA Richland, IA Stockport, IA Mt Pleasant, IA Wayland, IA

Restaurant Property with Equipment

Updated: Aug 25

Restaurant Property with Equipment

500 W Burlington Avenue, Fairfield, IA 52556

$289,000

0.21 AC lot

Operating tenant: Imperial Buffet Chinese Restaurant, in year two of a five‑year lease
Sale includes coolers, freezer, buffet bars, and additional restaurant equipment
0.21‑acre restaurant property at 500 W Burlington Avenue, Fairfield, IA 52556
Front parking plus additional easement parking on the west side of the building
Business/Commercial zoning with public water service

Mixed-Use Building with Restaurant

Updated: Aug 6, 2025

Mixed-Use Building with Restaurant

112 N Main Street, Fairfield, IA 52556

$465,000

0.07 AC lot

Two‑story mixed‑use building at 112 N Main Street, Fairfield, IA 52556
Restaurant level includes 2 commercial kitchens and an authentic Italian brick pizza oven
Three 1‑bedroom, 1‑bath apartments, each with a private kitchen
All 3 apartments are currently rented
Sale includes restaurant equipment, appliances, fixtures, TVs, bar setup, utensils, and small wares

Restaurant Property with Equipment

Restaurant Property with Equipment

500 W Burlington Avenue, Fairfield, IA 52556

Contact for pricing

Operating restaurant property with included equipment, front parking, and an established lease in place.

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 42 Potential Opportunities for your consideration. Besides 3 Active listings in Fairfield, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 34 Off-Market properties to explore as potential leads, plus 1 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.

Historic Six-Unit Mixed-Use Building

Historic Six-Unit Mixed-Use Building

101 S Marion Ave., Washington, IA 52353

$425,000

5,188 sqft

Corner property combines retail, office, restaurant/bar, and residential spaces under one roof.

Historic Six-Unit Mixed-Use Building

Historic Six-Unit Mixed-Use Building

101 S Marion Ave., Washington, IA 52353

$425,000

0.11 AC lot

Brick downtown property combines retail, office, restaurant, bar, and residential space under one roof.

Restaurant Building with Game Room

Restaurant Building with Game Room

315 Church Street, Ottumwa, IA 52501

$699,000

Block construction with a fully equipped kitchen, dining area, storage, and customer restrooms.

Conventional Restaurant with Game Room

Conventional Restaurant with Game Room

315 Church Street, Ottumwa, IA 52501

Contact for pricing

Commercial property includes a fully equipped kitchen, dining area, storage, and customer restrooms.

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.

Corner Commercial Land

Corner Commercial Land

3-71-6 N Grand Avenue, Mount Pleasant, IA 52641

$69,900

1.21 AC lot

Corner parcel with existing frontage-road access and an established driveway.

Off-Market Properties in Fairfield, IA

Consider similar Off-Market properties in Fairfield, 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.

709 Burlington Ave

RESTAURANT

709 Burlington Ave, Fairfield, IA 52556

Estimated value:

$345,000

1,920 sqft 0.45 AC lot

403 4th St

RESTAURANT

403 4th St, Fairfield, IA 52556-2452

Estimated value:

$95,000

960 sqft 0.07 AC lot

116 Main St

RESTAURANT

116 Main St, Fairfield, IA 52556-2802

Estimated value:

$170,000

2,878 sqft 0.07 AC lot

112 Main St

RESTAURANT

112 Main St, Fairfield, IA 52556-2802

Estimated value:

$330,000

5,785 sqft 0.07 AC lot

111 Ct St

RESTAURANT

111 Ct St, Fairfield, IA 52556-2812

Estimated value:

$130,000

2,904 sqft 0.03 AC lot

53-55 Broadway

RESTAURANT

53-55 Broadway, Fairfield, IA 52556

Estimated value:

$140,000

6,498 sqft 0.10 AC lot

102 2nd St

RESTAURANT

102 2nd St, Fairfield, IA 52556-2813

Estimated value:

$150,000

1,673 sqft 0.07 AC lot

117 Broadway Ave

RESTAURANT

117 Broadway Ave, Fairfield, IA 52556-3203

Estimated value:

$70,000

4,186 sqft 0.07 AC lot

605 Burlington Ave

RESTAURANT

605 Burlington Ave, Fairfield, IA 52556-3248

Estimated value:

$295,000

3,917 sqft 0.83 AC lot

101 Broadway Ave

RESTAURANT

101 Broadway Ave, Fairfield, IA 52556-3217

Estimated value:

$260,000

5,230 sqft 0.06 AC lot

1103 Burlington Ave

RESTAURANT

1103 Burlington Ave, Fairfield, IA 52556-4403

Estimated value:

$315,000

4,024 sqft 0.70 AC lot

113 12th N Ct St

BAR, TAVERN

113 12th N Ct St, Fairfield, IA 52556-2812

Estimated value:

$165,000

1,012 sqft 0.07 AC lot

115 Broadway Ave

RESTAURANT

115 Broadway Ave, Fairfield, IA 52556-3217

Estimated value:

$260,000

2,062 sqft 0.06 AC lot

115 Ct St

RESTAURANT

115 Ct St, Fairfield, IA 52556-2812

Estimated value:

$260,000

3,740 sqft 0.07 AC lot

120 Broadway Ave

RESTAURANT

120 Broadway Ave, Fairfield, IA 52556-3216

Estimated value:

$240,000

9,562 sqft 0.29 AC lot

50 2nd St

RESTAURANT

50 2nd St, Fairfield, IA 52556-3250

Estimated value:

$250,000

4,114 sqft 0.08 AC lot

203 Broadway Ave

RESTAURANT

203 Broadway Ave, Fairfield, IA 52556-3219

Estimated value:

$260,000

2,837 sqft 0.20 AC lot

61 Ct St

RESTAURANT

61 Ct St, Fairfield, IA 52556-3212

Estimated value:

$250,000

5,676 sqft 0.07 AC lot

703 Burlington Ave

DRIVE-THRU RESTAURANT, FAST FOOD

703 Burlington Ave, Fairfield, IA 52556-2791

Estimated value:

$265,000

2,160 sqft 0.53 AC lot

1210 Burlington Ave

DRIVE-THRU RESTAURANT, FAST FOOD

1210 Burlington Ave, Fairfield, IA 52556-2765

Estimated value:

$335,000

3,972 sqft 0.93 AC lot

110 Burlington Ave

RESTAURANT

110 Burlington Ave, Fairfield, IA 52556-3208

Estimated value:

$255,000

2,524 sqft 0.07 AC lot

Fairfield, IA Restaurants Market Trends and Statistics

Explore 37 restaurants for sale in Fairfield, IA, showcased through 3 active listings on our real estate platform.

Sale prices for restaurant properties in Fairfield, IA start at $289,000, averaging $377,000, and reaching up to $465,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 12K

Population Growth (5Y) -15.1%

Median Household Income $55,528

College Educated 81.4%

High-Yield Neighborhoods for Investment

Identify Fairfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
52556	$384.5K

Taxes & Financing

Tax Rate (average for all types) 2.16%

Property Tax per SF $30.55 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Total CRE Inventory on Market (SF)

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