# 112 N Main Street, Fairfield, IA 52556

> **TL;DR:** single family, $465,000, built 1900.
> A/C. Est. $2,015/mo. Listed 247 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $465,000 |
| Year Built | 1900 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 247 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,015 |
| **Total** | **$2,015** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 0.07 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 112 N Main Street, Fairfield, IA 52556
- **County:** Jefferson
- **Coordinates:** 41.008196, -91.964148
- **Google Maps:** https://www.google.com/maps?q=41.008196,-91.964148

## Listing Agent

- **Name:** Joanne Terrien
- **Brokerage:** Village Realty
- **Phone:** 6414722874
- **Email:** calljoanne@gmail.com

## Primary Photo

![112 N Main Street - Primary Photo](http://lh.rdcpix.com/f0bb79d6c9597b59f0f9ce26332ad612l-f1803924768r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/112-n-main-street-fairfield-ia-52556-6330644)*

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**MLS#:** 6330644 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/112-n-main-street-fairfield-ia-52556-6330644)

---

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