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 Avenue, Marengo, IA 52301

$85,000
2,009 sqft
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.

Turnkey Bar and Restaurant with Apartment
Turnkey Bar and Restaurant with Apartment

912 1st Ave, Cedar Rapids, IA 52405

$320,000
3,050 sqft

For sale with turnkey FF&E, an upstairs apartment, and basement storage, plus recent exterior, HVAC, and roof upgrades.

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Turn-Key Cafe Restaurant with Living Quarters
Turn-Key Cafe Restaurant with Living Quarters

318 Locust St NE, Blairstown, IA 52209

$85,000
3,250 sqft

Fully built-out café/restaurant space includes a commercial kitchen and additional on-site living quarters.

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Mixed-Use Storefront with Kitchen
Mixed-Use Storefront with Kitchen

318 Locust Street NE, Blairstown, IA 52209

$82,000
3,250 sqft

Storefront building with a commercial kitchen and upstairs living space for flexible retail, office, or restaurant use.

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Restaurant End-Cap with Outdoor Patio
Restaurant End-Cap with Outdoor Patio

900 3rd St SE Unit 700, Cedar Rapids, IA 52401

Contact for pricing

South end-cap restaurant space features an outdoor patio, within a mixed-use project offering flexible first-floor commercial suites.

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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. These investment opportunities span a total of 2,009 square feet of properties for sale, with an estimated market value of $85,000.

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 1

Demographics Overview

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

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%

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