Conventional Restaurant

Marengo, IA Conventional Restaurants for Sale

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Corner Retail Building with Hood
Updated: Jul 21
Corner Retail Building with Hood

594 Eastern Ave, Marengo, IA 52301

$85,000
Through town County Hwy location on a corner lot with signage stand and two entrances to the large parking lot
Includes a commercial exhaust hood and Ansul system (as‑is); buyer will need to service and install CO2 tanks
Flexible interior layout with party room, meeting room, or office spaces that could be removed to open up the area
2 restrooms
Concrete flooring and storage interior amenities
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Marengo, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Building with Upper-Level Courts
Restaurant Building with Upper-Level Courts

214 Washington Street, Victor, IA 52347

$105,000
5,000 sqft

Commercial zoning and included kitchen and bar equipment support continued restaurant use or another business concept.

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Built-Out Restaurant with Storage
Built-Out Restaurant with Storage

805 12 Street, Belle Plaine, IA 52208

$150,000
2,250 sqft 0.07 AC lot

Includes restaurant equipment, furnishings, and adaptable space on the upper and lower levels.

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Built-Out Restaurant with Storage
Built-Out Restaurant with Storage

805 12 Street, Belle Plaine, IA 52208

$150,000
2,250 sqft

The property includes restaurant equipment, furnishings, and additional storage space.

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Restaurant Building with Bar Equipment
Restaurant Building with Bar Equipment

214 Washington Street, Victor, IA 52347

$105,000
0.07 AC lot

Kitchen and dining furnishings, televisions, and bar equipment convey with the property.

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Marengo, IA Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Marengo, IA on our real estate platform.

Sale prices for conventional restaurants in Marengo, IA average $85,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 4,046
Population Growth (5Y) +14.1%
Median Household Income $68,659
College Educated 17.8%

High-Yield Neighborhoods for Investment

Identify Marengo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52301 $85K

Taxes & Financing

Tax Rate (average for all types) 2.66%
Property Tax per SF $33.71 per SF
Tax Rate vs County Average 0.43 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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