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.
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.
Commercial storefront on Main St in Fayette with a 3 bedroom apartment upstairs. Updated plumbing and electrical.
Fayette is located in Iowa. Fayette, Iowa has a population of 1,112. Fayette is less family-centric than the surrounding county with 25.53% of the households containing married families with children. The county average for households married with children is 25.82%.
The median household income in Fayette, Iowa is $33,958. The median household income for the surrounding county is $48,412 compared to the national median of $57,652. The median age of people living in Fayette is 23.7 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 36.6 inches per year, with 39.1 inches of snow per year.