500 W Burlington AVE, Fairfield, IA 52556
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500 W Burlington AVE, Fairfield, IA 52556
500 W Burlington AVE, Fairfield, IA 52556
500 W Burlington AVE, Fairfield, IA 52556
500 W Burlington AVE, Fairfield, IA 52556
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Alexis (Lexie) Carstens

Alexis (Lexie) Carstens

+1(563) 505-3009
Listed by Amber Lyons Fairfield Real Estate
$ 289,000
Est. payment /mo
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500 W Burlington AVE Fairfield, IA 52556

4,880 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,880 sqft

Price per Sqft $59

Subdivision Grimes Add

MLS Listing ID NOC6341978

Style Business

Construction Status Previously Owned

Year Built 1946

Annual Tax Amount $6,278

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 8910 sq ft

Property Description

This is your opportunity to own a spacious, income-producing commercial property currently operating as Imperial Buffet Chinese Restaurant. The current tenant is in year two of a five-year lease, providing an established rental-income stream for the new owner. The sale includes coolers, a freezer, buffet bars, and additional restaurant equipment. The property also offers convenient front parking, along with additional easement parking located on the west side of the building. With its large, versatile layout, included equipment, ample parking, and established tenant in place, this property presents an attractive commercial investment opportunity.

Location

State IA

County Jefferson

Zoning Business/Commercial

Direction From the Square, go west on Burlington Ave

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Central Air

Flooring Concrete Slab

Exterior

Parking Features Outside, Asphalt

Utilities Available Electric Common, Heating Common, Hot Water Common

View Y/N true

Roof Type Shingle,Pitched

Accessibility No Stairs Internal, No Stairs External

Road Frontage City Street

Total Parking Spaces 12

Building

Lot Description Corner Lot

Sewer City Sewer/Connected

Water Public

Architectural Style Business

Structure Type Block,Brick

Construction Status Previously Owned

Schools

School District 2169 - Fairfield

Others

Energy Description Natural Gas

Acceptable Financing NOC6341978

Listing Terms NOC6341978

Alexis (Lexie) Carstens

Alexis (Lexie) Carstens

Agent

+1(563) 505-3009

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500 W Burlington AVE