Marengo IN Commercial for Sale

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Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.14 Acres
Year built:
1980
Baths:
MLS#:
2023011722

ADDITIONAL INFORMATION

BRING AN OFFER , the current owners are ready to retire with their 7 grandkids who now take up most of their time! This family-owned restaurant and entertainment venue is formerly a convenience store and fuel center which could be operated as such again. UST are in compliance along with new anodes that were installed in 2017. Restaurant operated since 2018 includes catering with a major local warehouse and the opportunity to expand. Newly renovated 30 x 40 pole barn which is a 5-lane indoor axe throwing venue with bar. Outdoor seating area joins the two buildings which allows alcohol to be served in all areas. Included in this sale is all real estate + $90,000 in equipment and inventory all for only $300,000. This is a continually growing business. It sits on 1.5 acres of prime real estate located just 5 minutes off I-64 within 10 minutes of the popular destinations of Marengo Cave, Cave Country Canoes and Sycamore Springs. If you would like to purchase in separate sections as separate entities, this property has already been surveyed into 3 tracts. Continue to grow this business as it currently operates, reopen a convenience store, make residential living quarters or rental facility… the possibilities are endless!!! Need more property or business space? Additional commercial/residential building +/- 1 acre (survey to be done) is located across the street with a gazebo at 2803. It is currently rented with lease expiring Sept 2024. Available for sale at $135,000.

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.68 Acres
Year built:
1995
Baths:
MLS#:
2023010492

ADDITIONAL INFORMATION

ESTABLISHED OFFICE BUILDING! Investment Opportunity! Excellent location in a high traffic area. Multi office building. Three office spaces currently leased with the ability to rent two additional office spaces, or one larger office. Blacktop parking lot.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.55 Acres
Year built:
1961
Baths:
MLS#:
202305681

ADDITIONAL INFORMATION

Here is a unique opportunity to own a piece of Crawford County history. This restaurant has been in business for over 60 years and continues to serve the local community. This high traffic location not only brings in the locals, but the tourists as well, with Marengo Cave and Cave Country Canoes only a few minutes away. This restaurant has been well-maintained over the years and has had updates along the way, including added on space, carry-out window, a new awning and lots of parking space for all those tourist. Donât let this great opportunity slip through your hands, come check out this piece of history before itâs too late. INCLUDES: BUSINESS EQUIPMENT AND INVENTORY.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
1948
Baths:
MLS#:
2022012282

ADDITIONAL INFORMATION

Be a part of Historical Marengo. This commercial property is the former home of Marengo Wesleyan Church. Multiple kitchen areas and restrooms and a large sanctuary open up possibilities for another church group, daycare, or other commercial enterprises. Multiple classrooms and meeting rooms, large furnished basement with a restroom and lots and lots of storage make this a versatile building for diverse use.

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.03 Acres
Year built:
1948
Baths:
MLS#:
2022011312

ADDITIONAL INFORMATION

Commercial real estate investment opportunity! Includes a 1948 built 1,400 SF commercial building, situated on a town lot in the Town of Marengo. Features: concrete block construction, ½ Bath (sink & toilet), concrete floor, rolled roof (about 10 years old), 20â of road frontage with a 6x20 store front canopy. Electric is currently on. Building is in need of repairs and updates. Open house: Wed Sept 7 4-5pm. Auction ends September 14 @ 6pm. Don't miss out! Bid now at https://bid.beckortauctions.com/auctions/catalog/id/33055/

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.45 Acres
Year built:
1917
Baths:
MLS#:
2021011940

ADDITIONAL INFORMATION

Unique opportunity to own a piece of Crawford County history! This massive building is currently used as a workspace and equipment storage. With its' open layout, it would make an ideal automotive shop or revamp the upstairs and expose the original brick, incredible woodwork and stunning windows for a one of a kind restaurant or boutique with tons of warehouse space with the floorplan boasting approx 6000 sq. ft.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

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 © 2025, Southern Indiana Realtors Association. All rights reserved.




Marengo Real Estate

The median home value in Marengo, IN is $134,300. This is lower than the county median home value of $137,900. The national median home value is $338,100. The average price of homes sold in Marengo, IN is $134,300. Approximately 31.71% of Marengo homes are owned, compared to 44.15% rented, while 24.15% 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, Indiana 47140 has a population of 732. Marengo 47140 is more family-centric than the surrounding county with 26.12% of the households containing married families with children. The county average for households married with children is 22.63%.

The median household income in Marengo, Indiana 47140 is $36,917. The median household income for the surrounding county is $42,465 compared to the national median of $69,021. The median age of people living in Marengo 47140 is 37.6 years.

Marengo Weather

The average high temperature in July is 87.3 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 47.1 inches per year, with 12.4 inches of snow per year.

Marengo Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    163
    30-day change

Marengo Schools and Demographics

Education near Marengo, IN

Metric City County
High School Graduates 82.32 82.86
College Degree - 2 year 4.88 6.49
College Degree - 4 year 2.64 11.73
Graduate Degree 1.22 4.02
Expenditures per Student 11,980 11,980
Students per Teacher 14.4 14.4

Elementary Schools near Marengo, IN

School Grades Students P/T Ratio ZIP
English School PK - 06 160 21.8 47118
Leavenworth Elementary School PK - 06 227 20 47137
Marengo Elementary School PK - 06 196 21.8 47140
Milltown School PK - 06 205 21.2 47145
North Harrison Elementary School KG - 05 536 21.4 47166
Patoka Elementary School PK - 06 143 20.4 47116
Throop Elementary School PK - 06 831 17.3 47454

Middle Schools near Marengo, IN

School Grades Students P/T Ratio ZIP
North Harrison Middle School 06 - 08 514 18.4 47166

High Schools near Marengo, IN

School Grades Students P/T Ratio ZIP
Crawford County Junior/Senior High School 07 - 12 714 17.4 47140
North Harrison High School 09 - 12 660 18.9 47166
Paoli Junior/Senior High School 07 - 12 711 18 47454

Ungraded Schools near Marengo, IN

School Grades Students P/T Ratio ZIP
* Lost River Career Cooperative 09 - 12 0 47454
South Central Area Special Ed PK - 11 0 47454

Demographics near Marengo, IN 47140

Metric Zip Code City
Neighborhood Type Small Town
Population 732 10,511
Population Density 946 34
Median Age 37.6 42.1
People per Household 2.4 2.5
Median Household Income 36,917 42,465
Average Income per Capita 20,915 25,061