Listing Agency: Structure Real Estate Show Phone

Listed By: Lisa Coots-Schooley Show Phone

Source: Pinnaclerealtyia

Added: Jul 21 Changed: Sep 10 Last Checked: Sep 11 at 6:07AM

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Investment Insights

Based on property information with market context.

This corner retail building has been used for multiple concepts over the years, including a convenience store, restaurant, worship space, and retail store. The current layout includes a party room, meeting room, or office space that could be removed to open up the interior, along with two restrooms. A commercial exhaust hood and Ansul system are included as-is, and the buyer will need to service and install CO2 tanks.

The property is situated on a through town County Hwy and sits on a corner lot with a signage stand in place. There are two entrances into the large parking lot, supporting straightforward customer access.

Daily traffic is estimated at 3,700 (per the provided remarks). Prospective buyers should confirm with the City to ensure the location and intended use will work for their next venture.

Key Highlights

• 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

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Big Box & Wholesale Store Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3,700 VPD

Traffic count

Yes

Paved road access

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

299

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 52301, IA

3,745

Population

1,850

Households

2

Avg Household Size

44

Median Age

14%

College-Educated

91%

High-School Grad

126.3 sq mi

ZIP Area

30

Density / Sq Mi

$68,659

Median Household Income

$41,681

Median Earnings

$752

Median Rent

$149,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Through County Hwy location with a restaurant exhaust hood and Ansul system, plus flexible interior spaces and two restrooms.

Where is this conventional restaurant located?

The property is located at 594 Eastern Ave Marengo, IA.

What is the asking price?

The asking price for this property is $85,000.

What are key features of this property?

This property features: 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