120 Broadway ave - Retail FOR SALE


Fairfield, IA 52556
$600,000 USD
515-360-2247
120 Broadway ave, Fairfield, IA for Sale
$600,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

120 Broadway ave
Fairfield, IA 52556


OVERVIEW

Fairfield, IA is characterized as a vibrant and close-knit community with small-town charm. The downtown square is alive with buildings around the square ranging from 19th-century Queen Anne brick storefronts to a few Art-Deco facades. They lean toward a “hodgepodge” style, but the result is charming and full of life – shops, wellness venues, bookstores, ethnic eateries, and more. Since being designated an Iowa Cultural & Entertainment District (2005, renewed 2018), Fairfield’s main square has regularly hosted events: “First Fridays” art walks, summer concert series, sidewalk gatherings, and a holiday light ceremony where the entire square is decked out in festive displays. 120 W Broadway is large mixed use commercial building just off the vibrant downtown square. The building offers over 9,500 sqft with the current use as a restaurant which has been in operation for 32 years. Up stairs are 3, 1 bedroom apartments for additional income. The property does have a full and usable basement for storage and an overhead door for deliveries. All the restaurant furniture, fixtures and equipment can be included in the purchase of the building.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Ave

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

06-25-312-001

ASK ABOUT THIS PROPERTY

Matt ShawCaliber CompanyMore Info
515-360-2247

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Matt ShawCaliber CompanyMore Info
515-360-2247

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.