54-56 N Main Street Fairfield, IA $ 495,000
54-56 N Main Street
$ 495,000
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54-56 N Main Street

Fairfield, IA, 52556
$ 495,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,088

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Commercial Property for sale in Fairfield, IA

for $495,000. This building was built in 1900 on a lot size of 0.13.

Don't miss your chance to own one of the best buildings downtown! East facing entrance on the West side of the Square. This brick beauty is large and Versatile. Large display windows spanning the entire front face. Main floor level includes 5412 Sq Ft. It has a huge open show room with tons of space in back that could be used in a multitude of ways. There are 2 half baths on the main floor as well, each with their own separate sitting rooms attached. Large Storage space in back with alley access. partially finished basement with lots of potential. Separate entrance from front sidewalk takes you upstairs to a door with a keypad lock that opens to a large office space with many individual offices and communal rooms that could be used or rented individually, or in clusters, what ever serves you best. Many windows looking down of the town square providing lots of natural light. Communal half bath accessed from hallway. Upstairs you will also find a gorgeous, newly remodeled one bedroom apartment with bright and beautiful 3/4 bath. Potential to expand into a larger condo, if so desired. Door opens at the end of hall to allow roof access on the back end of the building. It would be a great space for a roof top patio, if one feels inspired to upgrade that area. Come check it out!

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Commercial Active

Price

$ 495,000

Property Type

Commercial

Taxes

$ 5,394

Style

Mixed Use

Lot Size

0.13

Year Built

1900

Town/City

Fairfield

County/Region

Jefferson

MLS | Web ID

6318975

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities None
Garage Spaces 0
Architectural Style Mixed Use
Construction Materials Brick
Year Built 1900
Tax Year 2022
Current Use Office Retail
Accessibility No Stairs Internal
County Jefferson
Property Type Commercial Sale
Contingency None
Subdivision Name OLD PLAT FAIRFIELD
Possible Use Grocery Lounge/Bar Medical/Dental Office Professional/Office Restaurant Retail
Status Active
Directions West side of Town Square
Association Name SEIA
Open Parking Spaces 1
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 5662.8
Tax Annual Amount 5394
Living Area Units Square Feet
Standard Status Active
Legal Description OLD PLAT S 22' LT 1 & N 22' LT 4 BLK 14
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Exterior
Parking Features On Street
Water Source Public
Lot Dimensions 44X132
Lot Size Acres 0.13
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* Excluded Features
List By
Michaela McLain

Listing Agent

Village Realty

Broker

michaelaleemclain@gmail.com

Email

Affordability Calculator

$3,538
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,088
Monthly Property Taxes
$450
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2025$495,000 -12.39% Price Down
3/21/2025$565,000 Listed Price

Map


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54-56 N Main Street, Fairfield, IA, 52556 is a Commercial Property for sale at $495,000 with a lot size of 0.13. 54-56 N Main Street was built in 1900. The property's zip code is 52556 which is in Fairfield, IA