606 W Water Street, Fayette, IA 52142

sale $40,000 | Retail

Listed By CENTURY 21 Signature Real Estate

Opportunity awaits! The city of Fayette is accepting offers on this property. Anyone interested will submit their offers with business plan via a licensed agent. This property sits in the TIF (tax incremental financing) district. The offers will be opened and presented to the city council on their 9/2/25 meeting. Any buyer must agree to demolish the existing structures within 6 months of purchase, and agree to build a commercial structure within 12 months after demolition. Water and Sewer hookups are already on the property. The city plans to place an easement on the East side of the lot for an electronic sign.

Property Features

Cross Docks: N
For Auction: N
Location Name: 606 W Water Street , Fayette
MLSID: 20253798
Price Per Area: 0.00
Price Upon Request: N
Style: Other Style
Sublease: N
Tax Year: 2024
Taxes: $784.00
Year Built: 1910
Zoning: commerc