Commercial Real Estate

This auction presents the opportunity to purchase two commercial buildings (127 Park Street S and 129 Park Street S) as one real estate package. The buildings are both in downtown Fairfax and have retail and apartment rental income opportunities. The properties are now bank-owned (United Prairie Bank), and they want them off their books before the long winter sets in. 

The public may preview and inspect the properties from 1p to 3p on December 10, 2019. 

The public may direct questions to Paul McCartan, call/text (515) 320-7600. 

Building 127 boasts 25' street frontage and is 80' deep and also features a 22' x 24' detached garage. The basement is unfinished and used as a storage area, the main floor is retail space and currently used as a dining room, and the 2nd floor boasts two apartments. 

Building 129 boasts 25' street frontage and is 68' deep. The basement is unfinished and used as a storage area, the main floor was the former Jimmy's Pizza (we'll sell those assets the next day in an online-only auction, and the 2nd floor boasts a three-bedroom apartment.