Broadway Ave 120 Broadway ave 9,562 SF Retail Building Fairfield, IA 52556 $580,000 ($60.66/SF)

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 two, 2 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.