Finding an authentic Civil War-era property that stands structurally solid, offers a highly functional layout, and sits in a prime walking location is rare. Finding all of that with commercial zoning for under $75,000 is an absolute anomaly.
Located at 201 W Washington Ave in the heart of Fairfield, Iowa, this 1,664-square-foot Colonial home has hit the market for an incredible $64,000. Built in 1863, this property offers an unmatched canvas for an entrepreneur looking to establish a boutique storefront, a professional looking for a character-rich office, or an individual wanting an affordable historic home just steps from the town’s vibrant center.
A Light-Filled, Versatile Main Floor
Constructed with the symmetrical proportions and timeless lines characteristic of mid-19th-century Colonial architecture, the home offers a flexible layout that effortlessly serves both residential comfort and commercial utility:
The Culinary & Dining Hub: The main floor features a large, formal dining room that opens directly into a bright, airy kitchen. If utilized as a business, this open-concept space could easily adapt into an elegant client reception hall or a central retail floor.
Generous Living Quarters: A separate living room and a cozy den provide multiple distinct spaces for relaxation or private offices.
Modern Day Comforts: The first floor is rounded out by the ultimate daily conveniences—a practical half-bathroom and a dedicated main-floor laundry room, saving you from tedious trips to the basement.
Peaceful Upper Level and Mechanical Integrity
A classic staircase leads to the second story, which functions beautifully as a private living wing or a suite of executive offices. Here, you will find two remarkably spacious bedrooms flooded with natural light, alongside a large, fully appointed full bathroom.
The common anxiety of adopting a historic building from the 1860s is the fear of aging infrastructure. At 201 W Washington Ave, the current stewards have completely removed that financial burden by upgrading the core mechanical systems. The property comes equipped with a newer furnace, newer central air conditioning, and a newer hot water heater, allowing the next owner to focus entirely on personalizing the spaces rather than worrying about behind-the-wall expenses.
A Private Backyard Oasis with Commercial Leverage
Outside, the property sits on a manageable 4,356-square-foot lot that perfectly balances low-maintenance care with excellent outdoor utility. The private backyard is completely tucked away from the street, offering a quiet, green sanctuary for evening relaxation, an employee break patio, or a private garden retreat. A charming garden shed provides ample storage for tools and outdoor equipment.
Beyond the property line, the location is a pedestrian’s dream. The home is within easy walking distance to Fairfield’s historic town square, the public library, local cafes, independent boutiques, and everyday conveniences. Because the property is fully zoned commercial, the real estate holds an immense strategic advantage—offering high visibility and foot traffic for a business venture while retaining the nostalgic soul of a historic landmark.
Property At A Glance
Price: $64,000
Size: 1,664 sq. ft. | 2 Beds | 2 Baths
Zoning: Commercial Zoned (Highly Versatile Multi-Use)
Key Mechanicals: Newer Furnace, Newer A/C, and Newer Hot Water Heater
History: Built in 1863 | Steps from the Central Town Square & Library
Opportunities to acquire a weatherproofed, high-potential 1863 Colonial compound at a sub-$70,000 price point do not linger in today’s market. Whether you are looking to plant the flag for your business or unlock an incredibly affordable piece of Iowa history, 201 W Washington Avenue is ready for its next great chapter.
Zillow link https://www.zillow.com/homedetails/201-W-Washington-Ave-Fairfield-IA-52556/86985543_zpid/