112 N Main Street Fairfield, IA $ 455,000
112 N Main Street
$ 455,000
Share Save

112 N Main Street

Fairfield, IA, 52556
$ 455,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,143

112 N Main Street, Fairfield, IA 52556 - Image 1
112 N Main Street, Fairfield, IA 52556 - Image 2
112 N Main Street, Fairfield, IA 52556 - Image 3
112 N Main Street, Fairfield, IA 52556 - Image 4
112 N Main Street, Fairfield, IA 52556 - Image 5
112 N Main Street, Fairfield, IA 52556 - Image 6
112 N Main Street, Fairfield, IA 52556 - Image 7
112 N Main Street, Fairfield, IA 52556 - Image 8
112 N Main Street, Fairfield, IA 52556 - Image 9
112 N Main Street, Fairfield, IA 52556 - Image 10
112 N Main Street, Fairfield, IA 52556 - Image 11
112 N Main Street, Fairfield, IA 52556 - Image 12
112 N Main Street, Fairfield, IA 52556 - Image 13
112 N Main Street, Fairfield, IA 52556 - Image 14
112 N Main Street, Fairfield, IA 52556 - Image 15
112 N Main Street, Fairfield, IA 52556 - Image 16
112 N Main Street, Fairfield, IA 52556 - Image 17
112 N Main Street, Fairfield, IA 52556 - Image 18
112 N Main Street, Fairfield, IA 52556 - Image 19
112 N Main Street, Fairfield, IA 52556 - Image 20
112 N Main Street, Fairfield, IA 52556 - Image 21
112 N Main Street, Fairfield, IA 52556 - Image 22
112 N Main Street, Fairfield, IA 52556 - Image 23
112 N Main Street, Fairfield, IA 52556 - Image 24

Commercial Property for sale in Fairfield, IA

for $455,000. This building was built in 1900 on a lot size of 0.07.

Here is an exceptional investment opportunity in the heart of Downtown Fairfield, just steps from the town square. This meticulously maintained, east-facing property features 4 total units—a full-service main-level restaurant, plus 3 private 1-bedroom, 1-bathroom apartments on the second floor. All units are currently rented, delivering immediate, turnkey income with strong long-term growth potential for investors or owner-operators. (Current rents for the 3 upper apartments total $2500 per month, minus utilities.) The main-level hospitality venue comes fully equipped for immediate operation, featuring vintage exposed brick, motorized blinds, a coffee and drinks bar, an authentic Italian brick pizza oven, and 2 complete commercial kitchens with extensive storage and prep areas. The sale includes all existing equipment, appliances, fixtures, touchscreen POS systems, and smallware, offering a rare, seamless combination of a ready-to-run restaurant and steady residential rental revenue.

See more

Commercial Active

Price

$ 455,000

Property Type

Commercial

Taxes

$ 2,906

Style

Retail

Lot Size

0.07

Year Built

1900

Town/City

Fairfield

County/Region

Jefferson

MLS | Web ID

6330644

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Zoning Business/Commercial
Garage Spaces 0
Architectural Style Retail
Construction Materials Brick Wood Siding
Year Built 1900
Tax Year 2024
Current Use Restaurant Retail
Gross Income 2500
Accessibility None
County Jefferson
Net Operating Income 1193
Property Type Commercial Sale
Contingency Subject to Financing
Possible Use Diversified Grocery Lounge/Bar Office Restaurant Retail Services
Status Active
Directions North on Main Street pass Broadway to 112 N. Main. on the left side of the street.
Open Parking Spaces 14
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 3049.2
Tax Annual Amount 2906
Living Area Units Square Feet
Standard Status Active
Legal Description OLD PLAT S 22' LTS 1 & 2 BLK 7
See more
Exterior
Parking Features Outside Common
Water Source Public
Lot Dimensions 22 X 132
Lot Size Acres 0.07
See more
* Excluded Features
List By
Joanne Terrien

Listing Agent

Village Realty

Broker

calljoanne@gmail.com

Email

Affordability Calculator

$3,385
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,143
Monthly Property Taxes
$242
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2026$455,000 -2.15% Price Down
9/26/2025$465,000 -9.71% Price Down
8/9/2025$515,000 -99.90% Price Down
8/8/2025$515,000,000 Listed Price

Map


See all

112 N Main Street, Fairfield, IA, 52556 is a Commercial Property for sale at $455,000 with a lot size of 0.07. 112 N Main Street was built in 1900. The property's zip code is 52556 which is in Fairfield, IA