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    1131 Court Ave Marengo, IA 52301

    For Sale
    $255,000

    Commercial - IA

    Lot size:
    0.22 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 1131 Court Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    732815074
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2000
    Flooring type
    Concrete
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    Lepic-Kroeger, REALTORS (319) 351-8811 [email protected]

    Listing agent Lexi Belland Perez (319) 351-8811

    Listing date Nov 25, 2025

    MLS# 202507142 Listing URL

    Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marengo Retail Storefront on Square

    This spacious former retail store is conveniently situated on the square in Marengo. It offers excellent visibility and advantageous street parking, making it a prime location for various business ventures. The open floor plan provides flexibility for a multitude of uses, allowing customization of the space to suit specific needs and preferences. This property provides a versatile canvas for entrepreneurial vision. The prime location ensures high visibility and accessibility, potentially attracting a steady flow of foot traffic and customers. The property is zoned for commercial use and has a lot size of 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    Iowa
    State
    Iowa
    Longitude
    -92.070448
    Latitude
    41.800103

    Nearby Similar for Sale

    • $275,000
      0.22 Acres

      Prime Marengo Commercial Space

      Versatile Retail/Office Space - High Visibility
      1131 Court Ave, Marengo, IA 52301
      View Details
    • $1,250,000
      7.88 Acres

      Prime Marengo Mobile Home Park

      High-Yield Investment Opportunity in Iowa
      Bear Creek Dr, Marengo, IA 52301
      View Details

    FAQs

    What type of property is this?
    Storefront property - Spacious retail store with excellent visibility and street parking.
    Where is this storefront property located?
    The property is located at 1131 Court Ave Marengo, IA.
    What is the asking price?
    The asking price for this property is $255,000.
    What are key features of this property?
    This property features: - Prime location on the square in Marengo.; - Excellent visibility and advantageous street parking.; - Open floor plan provides flexibility for various uses.
    (319) 351-8811
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1131 Court Ave Marengo, IA 52301
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