Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom single family at 112 N Main Street in Fairfield, IA is listed for $465,000. Built in 1900, on a 0.07 acres lot.
Turnkey Restaurant & Income Property with exceptional opportunity to own a dual-use building in the heart of Downtown Fairfield. Lovingly maintained & continually upgraded, this property reflects pride of ownership inside & out. The east-facing building offers abundant natural light and is fully equipped for restaurant operations.
The main level features 2 commercial kitchens, a spacious dining area with motorized blinds, a coffee & drinks bar, & an authentic Italian brick pizza oven. Additional highlights include a commercial sound system throughout, modern lighting, vintage exposed brick walls, a touchscreen POS system with display screens, plus prep stations, refrigerators, freezers, and ample storage, including a dry basement.
The 2nd floor includes 3 1-bedroom, 1-bath apartments, each with a private kitchen. All units are currently rented, providing reliable rental income. The sale includes all restaurant equipment, appliances, fixtures, TVs, bar setup, utensils, and small wares, making this a true turnkey operation.
Located just steps from the town square and downtown shops, this property combines a ready-to-run restaurant with steady residential income, offering strong potential for both entrepreneurs and investors. Current rents for the 3 apartments total $2575 per month, minus utilities.
Key Features
- Built in 1900
- 0.07 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,487/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
112 N Main Street
Fairfield, IA 52556
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 112 N Main Street is listed at $465,000. The estimated monthly payment is $2,015 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.07 acre lot.
This property is listed by Joanne Terrien and can be reached at 6414722874 or calljoanne@gmail.com.























