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Marengo, IA 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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Marengo, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

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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Mixed-Use Building with Living Quarters
Mixed-Use Building with Living Quarters

318 Locust Street NE, Blairstown, IA 52209

$80,000
3,250 sqft 0.06 AC lot

Commercial property suited for restaurant, retail, office, or additional rental use.

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

318 Locust Street NE, Blairstown, IA 52209

$80,000
3,250 sqft

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

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Mixed-Use Zoning
Commercial Land with Mixed-Use Zoning

1406 Adair Court SW lot: 3, Cedar Rapids, IA 52404

$364,815
1.34 AC lot

ILI zoning is identified for retail, office, industrial, restaurant, and business-suite uses.

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Commercial Land with ILI Zoning
Commercial Land with ILI Zoning

1410 Adair Court SW lot: 2, Cedar Rapids, IA 52404

$334,868
1.23 AC lot

1.23-acre development site near Eastern Iowa Airport with zoning supporting varied commercial uses.

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Commercial Land with Utilities
Commercial Land with Utilities

Crosspark Rd, Coralville, IA 52241

$1,039,560
2.39 AC lot

C2-zoned commercial land with utilities at the lot, positioned near US Highway 965 and Forever Green Road.

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C2 Commercial Land Near Hospital
C2 Commercial Land Near Hospital

Crosspark Rd, Coralville, IA 52241

$6,312,530
14.49 AC lot

Utilities reach the site, with access just off US Hwy #965 and Forever Green Road.

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Off-Market Properties in Marengo, IA

Consider similar Off-Market properties in Marengo, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

144 Washington St
BAR, TAVERN

144 Washington St, Marengo, IA 52301-1545

Estimated value:
$215,000
2,865 sqft 0.06 AC lot
View details
166 Washington St
RESTAURANT

166 Washington St, Marengo, IA 52301-1545

Estimated value:
$85,000
3,176 sqft 0.10 AC lot
View details
1159 Ct Ave
BAR, TAVERN

1159 Ct Ave, Marengo, IA 52301-1403

Estimated value:
$195,000
4,896 sqft 0.08 AC lot
View details
194 Washington St
BAR, TAVERN

194 Washington St, Marengo, IA 52301-1545

Estimated value:
$75,000
1,996 sqft 0.07 AC lot
View details
1035 Ct Ave
RESTAURANT

1035 Ct Ave, Marengo, IA 52301-1439

Estimated value:
$265,000
10,385 sqft 0.28 AC lot
View details
199 Miller St
BAR, TAVERN

199 Miller St, Marengo, IA 52301-1536

Estimated value:
$245,000
2,889 sqft 0.05 AC lot
View details
594 Eastern Ave
RESTAURANT

594 Eastern Ave, Marengo, IA 52301-1704

Estimated value:
$200,000
2,009 sqft 0.20 AC lot
View details
1655 M Ave
RESTAURANT

1655 M Ave, Marengo, IA 52301

Estimated value:
$255,000
2,688 sqft 52.20 AC lot
View details
1175 Ct Ave
RESTAURANT

1175 Ct Ave, Marengo, IA 52301

Estimated value:
$160,000
2,074 sqft 0.06 AC lot
View details
1185 Ct Ave
RESTAURANT

1185 Ct Ave, Marengo, IA 52301-1403

Estimated value:
$165,000
2,182 sqft 0.07 AC lot
View details

Marengo, IA Restaurants Market Trends and Statistics

Explore 11 restaurants for sale in Marengo, IA on our real estate platform.

Sale prices for restaurant properties 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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