Back to search
500 W Burlington Avenue Fairfield, IA $ 304,000
Share Save
$ 304,000 Get more info
500 W Burlington Avenue
$ 304,000
Back to search
Recently Listed
Share Save

500 W Burlington Avenue

Fairfield, IA, 52556
$ 304,000
Bedrooms-- Baths-- Sq 4,880

Monthly Estimate*

$ 1,919

500 W Burlington Avenue, Fairfield, IA 52556 - Image 1
500 W Burlington Avenue, Fairfield, IA 52556 - Image 2
500 W Burlington Avenue, Fairfield, IA 52556 - Image 3
500 W Burlington Avenue, Fairfield, IA 52556 - Image 4
500 W Burlington Avenue, Fairfield, IA 52556 - Image 5
500 W Burlington Avenue, Fairfield, IA 52556 - Image 6
500 W Burlington Avenue, Fairfield, IA 52556 - Image 7
500 W Burlington Avenue, Fairfield, IA 52556 - Image 8

Commercial Property for sale in Fairfield, IA

for $304,000. This 4,880 square foot building was built in 1946 on a lot size of 0.21.

This is your opportunity to own a spacious, income-producing commercial property currently operating as Imperial Buffet Chinese Restaurant. The current tenant is in year two of a five-year lease, providing an established rental-income stream for the new owner. The sale includes coolers, a freezer, buffet bars, and additional restaurant equipment. The property also offers convenient front parking, along with additional easement parking located on the west side of the building. With its large, versatile layout, included equipment, ample parking, and established tenant in place, this property presents an attractive commercial investment opportunity.

See more
Commercial Active

Price

$ 304,000

Property Type

Commercial

Taxes

$ 6,278

Style

Business

Lot Size

0.21

Year Built

1946

Town/City

Fairfield

County/Region

Jefferson

MLS | Web ID

6341978
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Shingle Pitched
Zoning Business/Commercial
Garage Spaces 0
Architectural Style Business
Construction Materials Block Brick
Year Built 1946
Tax Year 2025
Current Use Restaurant
Accessibility No Stairs External No Stairs Internal
County Jefferson
Property Type Commercial Sale
Contingency None
Subdivision Name GRIMES ADD
Possible Use Income Lounge/Bar Office Professional/Office Rest/Lounge Restaurant Retail
Status Active
Directions From the Square go west on Burlington Ave
Open Parking Spaces 12
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 9147.6
Land Lease Y/N N
Tax Annual Amount 6278
Living Area Units Square Feet
Standard Status Active
Legal Description GRIMES LT 1 BLK 2 & N BTW BURLINGTON & LT
See more
Interior
Basement Slab
Flooring Concrete Slab
See more
Exterior
Parking Features Outside Asphalt
Lot Features Corner Lot
Water Source Public
Building Area Total 4880
Lot Dimensions 8910 sq ft
Lot Size Acres 0.21
Road Frontage Type City Street
Road Responsibility Public Maintained Road
See more
* Excluded Features
List By
Amber Lyons

Listing Agent

Fairfield Real Estate

Broker

641-472-2353

Contact

Affordability Calculator

$2,443
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,919
Monthly Property Taxes
$523
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.
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/25/2026$304,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

500 W Burlington Avenue, Fairfield, IA, 52556 is a Commercial Property for sale at $304,000 with 4,880 sqft and a lot size of 0.21. 500 W Burlington Avenue was built in 1946. The property's zip code is 52556 which is in Fairfield, IA

Get more info