594 Eastern Avenue Marengo, IA 52301 • Commercial - Retail • Active

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Description

Great opportunity with many possibilities situated on a through town County Hwy. Over the years this building has been home to a convenience store, restaurant, worship space, and a retail store. There is currently a party room, meeting room, or office, that could be removed to open up the space, along with two restrooms. The commercial exhaust hood and Ansul system are included as-is, and buyer will need to service and install Co2 tanks. Daily traffic count est. 3,700. Property sits on a corner lot with signage stand in place, and has two entrances into the large parking lot. Confirm with the City to see if this great location will work for your next venture!

Property Highlights

Property Type: Commercial - Retail
Year Built: 1977

General Information

County: Iowa
Listed By:
Urban Acres Real Estate Corridor 800-746-9464 Kimberly Martinez
Cedar Rapids MLS
$90,000
Est. $657/mo
Active Price Reduced $10,000 on April 1st, 2026
SQUARE FEET2,009 MLS#2600487
STATUSActive PROPERTY TYPECommercial - Retail
TOUR PROPERTY

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Agent Name: Doug Himmelman
 Agent Phone: (563) 271-1325
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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594 Eastern Avenue, Marengo, IA 52301.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $90,000$90,000$90,000
Down Payment $18,000$3,150$22,500
Monthly Mortgage Amount $432$530$552
Taxes $125$125$125
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$40$0
Monthly Estimated Total $657$795$777

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About this area

Iowa/Marengo
Marengo

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Find homes for sale in Marengo, Iowa, and learn about the local community and real estate market.

Marengo, IA is the county seat of Iowa County, Iowa. This small community joins together historical and contemporary places and amenities. Ruhl&Ruhl Realtors has plenty of homes for sale in Marengo, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marengo.

Ruhl&Ruhl Realtors has plenty of homes for sale in Marengo, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marengo.

Nearest Ruhl&Ruhl Office
1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111

About this community

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/06/2026. The listing information on this page last changed on 04/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/06/2026 8:53:16 AM EST) or MRED MLS (last updated Mon 04/06/2026 8:49:03 AM EST) or SCWMLS (last updated Mon 04/06/2026 8:50:50 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 04/05/2026 10:15:20 PM EST) or Cedar Rapids MLS (last updated Mon 04/06/2026 8:49:12 AM EST) or NEIRBR MLS (last updated Mon 04/06/2026 8:48:53 AM EST) or ICAAR MLS (last updated Mon 04/06/2026 8:32:18 AM EST) or ECIMLS (last updated Mon 04/06/2026 8:32:52 AM EST) or RMLSA (last updated Mon 04/06/2026 8:50:56 AM EST) or Muscatine MLS (last updated Mon 04/06/2026 8:38:33 AM EST) or No Coast MLS (last updated Mon 04/06/2026 8:44:18 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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