About This Home

This 0-bedroom, 0-bathroom commercial at 112 N Main Street in Fairfield, IA is listed for $455,000. Built in 1900, on a 0.07 acres lot.

Key Features

  • Built in 1900
  • 0.07 acre lot

Property Details

1900

Amenities

A/C
Listing Description

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 bli

nds, 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.

Monthly Cost Estimate

$2,433/mo

20% down · 6.5% · 30 years

Principal$329
Interest$1,972
Insurance$133

Estimates only. Actual payments may vary.

Location

112 N Main Street

Fairfield, IA 52556

Property Details

Construction

Brick Wood Siding

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 112 N Main Street is listed at $455,000. The estimated monthly payment is $2,434 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.07 acre lot.

This property is listed by Joanne Terrien.

JT

Joanne Terrien

Agent at Village Realty

Listed by Village Realty · Broker phone: 641-472-9900

MLS# 6330644· Source: NoCoast MLS· 450 days on PropertySimple

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

112 N Main Street, Fairfield, IA 52556

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