120 S Main Street Fairfield, IA $ 223,900
120 S Main Street
$ 223,900
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120 S Main Street

Fairfield, IA, 52556
$ 223,900
Bedrooms-- Baths-- Sq 2,968

Monthly Estimate*

$ 1,414

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Commercial Property for sale in Fairfield, IA

for $223,900. This 2,968 square foot building was built in 1950 on a lot size of 0.13.

Versatile in-town opportunity just half a block from the Square! This mixed-use property offers the perfect live/work setup with so much potential! The spacious upper-level apartment features 3 bedrooms, 2 bathrooms, and an open kitchen/living area filled with natural light. The lower level, formerly a chiropractic office, provides flexible space for a business, studio, or conversion to suit your needs. A detached 3-car garage plus an attached 1-car garage add valuable storage, convenience, and possible rental income. Ideal for an owner-occupant or investor ready to bring a creative vision to life in a prime location!

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Commercial Active

Price

$ 223,900

Property Type

Commercial

Taxes

$ 2,744

Style

Mixed Use

Lot Size

0.13

Year Built

1950

Town/City

Fairfield

County/Region

Jefferson

MLS | Web ID

6340323

Features
General
Sewer City Sewer/Connected
Heating Baseboard Ductless Hot Water Radiant
Cooling Ductless Window Unit(s)
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Shingle Pitched
Zoning Business/Commercial Resi
Garage Spaces 3
Architectural Style Mixed Use
Construction Materials Frame Brick Vinyl Siding
Year Built 1950
Tax Year 2025
Current Use Commercial Office Professional Service Residential
Accessibility None
County Jefferson
Property Type Commercial Sale
Contingency None
Subdivision Name OLD PLAT FAIRFIELD
Possible Use Income Medical/Dental Office Professional/Office Retail
Status Active
Directions Go south on South Main.
Open Parking Spaces 3
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5662.8
Land Lease Y/N N
Tax Annual Amount 2744
Living Area Units Square Feet
Standard Status Active
Legal Description OLD PLAT MID 44' LTS 7 & 8 BLK 17
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Interior
Basement Full
Flooring Wood
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Exterior
Parking Features Attached Detached Garage
Water Source Public
Building Area Total 2968
Lot Dimensions 44X132
Lot Size Acres 0.13
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Loren Town

Listing Agent

Fairfield Real Estate

Broker

641-472-2353

Contact

Affordability Calculator

$1,642
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,414
Monthly Property Taxes
$229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/13/2026$223,900 Listed Price

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120 S Main Street, Fairfield, IA, 52556 is a Commercial Property for sale at $223,900 with 2,968 sqft and a lot size of 0.13. 120 S Main Street was built in 1950. The property's zip code is 52556 which is in Fairfield, IA