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135 80th Street Fairfax, IA 52228 • Commercial - Business • Active

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Description

Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed in 2025 with a 30-year warranty and new siding scheduled for completion in the spring of 2026. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. Conveniently located in Fairfax?an established bedroom community near Cedar Rapids?just an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37. Contact listing agents for further details.

Property Highlights

Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 2010

General Information

County: Linn
Listed By:
GLD COMMERCIAL 319-731-3400 Angie Glick
Cedar Rapids MLS
$450,000
Est. $2,858/mo
Active
SQUARE FEET3,055 MLS#2509110
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Agent Name: Jolean Overton-Austin
 Agent Phone: (563) 676-6363
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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135 80th Street, Unit 1, Fairfax, IA 52228.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $450,000$450,000$450,000
Down Payment $90,000$15,750$112,500
Monthly Mortgage Amount $2,101$2,579$2,691
Taxes $626$626$626
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$198$0
Monthly Estimated Total $2,858$3,534$3,448

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About this area

Iowa/Fairfax
Fairfax

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Find homes for sale in Fairfax, IA and learn about the local community and real estate market.

Just a short distance from Cedar Rapids and a quick trip to the Iowa City and Amana areas, the population of Fairfax, IA was 2,123 in the 2010 census and is growing quickly.

Ruhl&Ruhl Realtors has plenty of homes for sale in Fairfax, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Fairfax and if you need to do a little more research before buying, check out the pages below for additional options:

New Listings in Fairfax, IA

Fairfax is located outside of Cedar Rapids. View homes for sale in the Cedar Rapids area for more real estate options.

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Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776

About this community

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:48:05 AM EST) or MRED MLS (last updated Tue 03/03/2026 12:46:51 AM EST) or SCWMLS (last updated Mon 03/02/2026 11:54:39 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 03/02/2026 10:15:21 PM EST) or Cedar Rapids MLS (last updated Mon 03/02/2026 10:44:15 PM EST) or NEIRBR MLS (last updated Tue 03/03/2026 12:38:42 AM EST) or ICAAR MLS (last updated Mon 03/02/2026 11:37:29 PM EST) or ECIMLS (last updated Mon 03/02/2026 11:44:19 PM EST) or RMLSA (last updated Tue 03/03/2026 12:40:56 AM EST) or Muscatine MLS (last updated Tue 03/03/2026 12:45:21 AM EST) or No Coast MLS (last updated Tue 03/03/2026 12:44:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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