Fayette IA Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
3,250
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1900
Baths:
MLS#:
20243170

ADDITIONAL INFORMATION

Located in downtown Fayette, near Upper Iowa University campus, this commercial space has undergone numerous upgrades since 2010 and is ready for your creative vision. The spacious interior offers great potential for diverse business endeavors.

Type:
General Commercial
Sq.Ft.:
4,760
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1921
Baths:
MLS#:
20243148

ADDITIONAL INFORMATION

Huge opportunity in downtown Fayette. This property includes three buildings. The main building is 2-story with a 3 bedroom apartment (or split 1 bedroom and two bedroom apartments). The 2nd building is attached and open between the 2 for over 3000 sq ft on the main floor. Behind the two buildings is an older garage, 24 x 46. This building has been a grocery store, meat locker and cafe. There is an old pulley elevator in back. The possibilities are endless such as craft brewery/distillery, coffee house or restaurant. The apartment above gives the owner rental income for the business below.

Type:
Retail
Sq.Ft.:
3,280
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1920
Baths:
MLS#:
20165633

ADDITIONAL INFORMATION

Commercial storefront on Main St in Fayette with a 3 bedroom apartment upstairs. Updated plumbing and electrical.

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Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Northeast Iowa Regional Board of Realtors. All rights reserved. Information is deemed reliable but is not guaranteed.



Fayette Real Estate

The median home value in Fayette, IA is $162,500. This is higher than the county median home value of $118,200. The national median home value is $338,100. The average price of homes sold in Fayette, IA is $162,500. Approximately 44.91% of Fayette homes are owned, compared to 36.47% rented, while 18.62% are vacant. Fayette real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fayette real estate agent to arrange a tour today!

Fayette, Iowa has a population of 1,139. Fayette is less family-centric than the surrounding county with 15.64% of the households containing married families with children. The county average for households married with children is 27.2%.

The median household income in Fayette, Iowa is $35,682. The median household income for the surrounding county is $50,973 compared to the national median of $69,021. The median age of people living in Fayette is 30.1 years.

Fayette Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 37.3 inches per year, with 35.7 inches of snow per year.

Fayette Real Estate Market Conditions

  • Median sales price

    $162,500
    15.1% change since last quarter
  • # Active listings

    9
    30-day change

Fayette Schools and Demographics

Education near Fayette, IA

Metric City County
High School Graduates 94.82 92.57
College Degree - 2 year 20.12 11.75
College Degree - 4 year 27.07 17.2
Graduate Degree 7.4 3.39
Expenditures per Student 14,321 14,321
Students per Teacher 13.7 13.7

Elementary Schools near Fayette, IA

School Grades Students P/T Ratio ZIP
Parkside Elementary School 01 - 01 87 10.4 50662
Starmont Elementary School PK - 05 309 12.9 50606
Valley Elementary School PK - 06 238 14.1 52141
West Central K - 8 School PK - 08 195 13.2 50655
Wings Park Elementary School 02 - 05 366 13.2 50662

Middle Schools near Fayette, IA

School Grades Students P/T Ratio ZIP
North Fayette Elementary Fayette Center 05 - 06 105 11.3 52142
North Fayette-Valley Middle School 07 - 08 158 12.7 52141
Oelwein Middle School 06 - 08 276 15 50662
Starmont Middle School Comm School District 06 - 08 119 22.2 50606

High Schools near Fayette, IA

School Grades Students P/T Ratio ZIP
Northeast IOWA Charter High School 10 - 12 0 50655
Oelwein High School 09 - 12 385 14.9 50662
Starmont High School 09 - 12 188 11.3 50606
West Central Senior High School 09 - 12 81 7.6 50655

Demographics near Fayette, IA

Metric City County
Neighborhood Type Small Town
Population 1,139 19,582
Population Density 771 27
Median Age 30.1 43
People per Household 2.1 2.3
Median Household Income 35,682 50,973
Average Income per Capita 23,002 28,795