112 N Main St, Fairfield, IA 52556

Property Description

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.