About This Home

This 0-bedroom, 0-bathroom commercial at 500 W Burlington Avenue in Fairfield, IA is listed for $289,000. Built in 1946, on a 0.21 acres lot.

Key Features

  • Built in 1946
  • 0.21 acre lot

Property Details

1946

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,546/mo

20% down · 6.5% · 30 years

Principal$209
Interest$1,252
Insurance$84

Estimates only. Actual payments may vary.

Location

500 W Burlington Avenue

Fairfield, IA 52556

GRIMES ADD

Property Details

Flooring

Concrete

Construction

Block Brick

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 500 W Burlington Avenue is listed at $289,000. The estimated monthly payment is $1,545 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.21 acre lot.

This property is listed by Amber Lyons.

AL

Amber Lyons

Agent at Fairfield Real Estate

Listed by Fairfield Real Estate · Broker phone: 641-472-2353

MLS# 6341978· Source: NoCoast MLS· 67 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.

500 W Burlington Avenue, Fairfield, IA 52556

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