Marengo IA Commercial for Sale
$1,250,000
Bear Creek Drive Marengo, IA 52301
- Type:
- Investment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 7.88 Acres
- Year built:
- 1988
- Baths:
- MLS#:
- 2407816
ADDITIONAL INFORMATION
Well maintained manufactured home community. 9.5%+ Cap Rate return. 40 lots total with 32 currently occupied. Includes 12 park home rentals that are fully occupied. All utilities including city water and sewer billed directly to resident. Seller will not consider contract sale. Seller will help train new owner if needed.
$275,000
1131 Court Aven Marengo, IA 52301
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 2000
- Baths:
- MLS#:
- 2407757
ADDITIONAL INFORMATION
This spacious former retail store, conveniently situated on the square in Marengo, 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 you to customize the space to suit your specific needs and preferences. Whether you are considering reopening it as a retail establishment, converting it into office space, or exploring other possibilities, this property provides a versatile canvas for your entrepreneurial vision. The prime location ensures high visibility and accessibility, potentially attracting a steady flow of foot traffic and customers to your business.
$115,000
2115 Hwy 6 Trl Marengo, IA 52301
- Type:
- Industrial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.68 Acres
- Year built:
- 1979
- Baths:
- MLS#:
- 2404016
ADDITIONAL INFORMATION
Excellent location on Hwy 6, west of Marengo. Property is located outside of the Marengo city limits. Zoned C-2. Large building 2,464sf located on north end of property: Office space, bathroom, eletricity, LP, FHA furnace or wood heat. 4 overhead doors, 2 work areas both with 14' ceilings, concrete floors, separate electric service, sand point well, septic (installed April, 2022) located between building and railroad tracks. No water heater installed but could easily be added. SW & SE downspouts and 2 area drains tied into 8" tiles that drain to daylight north of building. Small building by road is 896sf. It has power but no water/sewer, front office room, shop with overhead door. Both building are concrete block construction. LP tank is about 50% full and owned by seller. Seller is working on clearing out personal property.
Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 , Cedar Rapids Area Association of Realtors
Marengo Real Estate
The median home value in Marengo, IA is $161,500. This is lower than the county median home value of $192,300. The national median home value is $338,100. The average price of homes sold in Marengo, IA is $161,500. Approximately 65.58% of Marengo homes are owned, compared to 23.03% rented, while 11.39% are vacant. Marengo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marengo real estate agent to arrange a tour today!
Marengo, Iowa has a population of 2,714. Marengo is more family-centric than the surrounding county with 31.08% of the households containing married families with children. The county average for households married with children is 27.51%.
The median household income in Marengo, Iowa is $58,804. The median household income for the surrounding county is $64,720 compared to the national median of $69,021. The median age of people living in Marengo is 41.9 years.
Marengo Weather
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 10.1 degrees. The average rainfall is approximately 35.9 inches per year, with 27.2 inches of snow per year.