112 N Main Street, Fairfield, IA 52556
sale
$455,000
|
Other
Courtesy Of Village Realty
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 blinds, 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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 3
- Cooling System: Central Air
- Exterior Type: Wood Siding
- Exterior Type: Brick
- Heating System: Forced Air
- Legal Description: OLD PLAT S 22' LTS 1 & 2 BLK 7
- MLSID: 6330644
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