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606 W Water Street

Fayette, IA 52142
  • $40,000
  • STATUS: Active
  • ON SITE: 119 Days
  • MLS #: 20253798
UPDATED: 33 min ago
$40,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Description

Opportunity awaits! The city of Fayette is accepting offers on this property. Anyone interested will submit their offers with business plan via a licensed agent. This property sits in the TIF (tax incremental financing) district. The offers will be opened and presented to the city council on their 9/2/25 meeting. Any buyer must agree to demolish the existing structures within 6 months of purchase, and agree to build a commercial structure within 12 months after demolition. Water and Sewer hookups are already on the property. The city plans to place an easement on the East side of the lot for an electronic sign.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX 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. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2025-12-05T09:41:45.357 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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606 W Water Street Fayette, IA 52142

  • Price: $40,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 33 min ago
  • MLS #: 20253798
0
Beds
0
Baths
0
½ Baths
0.39
Acres
1910
Built
County:
Fayette
Property Description
Opportunity awaits! The city of Fayette is accepting offers on this property. Anyone interested will submit their offers with business plan via a licensed agent. This property sits in the TIF (tax incremental financing) district. The offers will be opened and presented to the city council on their 9/2/25 meeting. Any buyer must agree to demolish the existing structures within 6 months of purchase, and agree to build a commercial structure within 12 months after demolition. Water and Sewer hookups are already on the property. The city plans to place an easement on the East side of the lot for an electronic sign.
Interior Features

Building Area Total 0 Total Available Square Footage 0 Warehouse Square Footage 0

Property Features

Agent Owned YN No Available Office Square Footage 0 Available Retail Square Footage 0 Common Area No Existing Lease Type None Expense History Actual For Lease YN No For Sale Rent For Sale For Sale YN Yes Gross Income 0 Investment YN Yes Multi Tenant YN No Net Operating Income 0 Number Dock Doors 0 Number Drive In Doors 0 Number Rail Doors 0 Operating Expense 0 Property Sub Type Office/Retail Special Listing Conditions Normal Sale Sprinkler YN No Tax Annual Amount 784.75 Tax Incentive TIF District Tax Year 2024 Tiered Sliding No Zoning commercial



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX 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. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2025-12-05T09:41:45.357 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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808 E. 18th St.
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