606 W Water Street
$40,000
606 W Water Street, Fayette, IA 52142
For Sale
Retail
Active
Last Updated: 08/08/2025
0.39 acres
Lot Area
1910
Year Built
Details:
Lot Area: 0.39 acres
Year Built: 1910
Zoning: commerc
MlsNumber: 20253798
Highlights:
- Annual Tax: $ 784.0
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.
Location
Gallery
