594 Eastern AvenueMarengo, IA 52301

Commercial · 2,009 Sq. ft. | 0.20 Acres
$90,000 Active

594 Eastern Avenue Overview

Time on Site:
160 days
Visits:
118

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!

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594 Eastern Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 2,009
  • Price/Sq.ft. $45
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • Year Built: 1977

Location/Region

  • County Or Parish: Iowa
  • MLS Area Major: OT-W (West of I-380)
  • Postal City: Marengo

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 1388.0

General Information

  • Inclusions: Building,See Remarks
  • Parcel Number: 731809060
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Zoning: C-Comm

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: false
  • Building Features: Pole Sign,Single-Tenant
  • Cooling: See Remarks
  • Flooring: Concrete
  • Heating: See Remarks
  • Interior Features: Storage
  • Living Area: 2009.0

Exterior

Lot Information

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Dimensions: 132x66
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Steel
  • Roof: Metal

General Information

  • Sewer: Public Sewer

594 Eastern Avenue Neighborhood

Community

52301 (Marengo) Demographics

45
Median Age
29
Population Density (per sq. mile)
22%
College Educated
$59,369
Estimated Median Income
1,186
Estimated Total Home Owners
290
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

594 Eastern Avenue Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

594 Eastern Avenue Market Data

Based on the last 30 days in this zip code

$244,191
Average List Price
$115
Average Price per Square Foot
4
Properties Sold
62
Average Days on Market
18
Properties for Sale
Calculations provided by Reliance Network

594 Eastern Avenue History

Date Event Value Agent
4/1/2026Source: Iowa City MLS Price Reduction
$90,000 -10.0%
4/1/2026Source: Cedar Rapids Area MLS Price Reduction
$90,000 -10.0%
1/26/2026Source: Iowa City MLS Status Change
Active
1/20/2026Source: Cedar Rapids Area MLS Added to Database
January 20, 2026
1/20/2026Source: Iowa City MLS Added to Database
January 20, 2026
Listing provided courtesy of Urban Acres Real Estate Corridor- MLS# 2600487MLS Provider