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280 Eastern Ave

Marengo, IA 52301
  • $224,500
  • STATUS: Closed
  • ON SITE: 454 Days
  • MLS #: 202301012
Sold - 04/10/2023
$224,500
SOLD - 04/10/2023
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,594
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1997
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investment opportunity! Heres an opportunity to purchase the only auto and truck wash located in a prime location on 1 of the busiest streets in town, and just off Hwy 6 in Marengo, IA. Marengo (population 2435*), is the county seat of Iowa County (population 16,662*). This is a turn key operation with many recent updates including: 1 new HP pump, 1 new LP pump, new security system with 8 cameras, new motors on 2 vacuums, bill changer reworked, drain lines recently jetted and more. This would make a great first time investment or a great addition to a current portfolio for someone looking for a semi passive income stream. Make money while you sleep! Included in the sale is the building consisting of over 2500 sq ft with one automatic wash bay, 2 self-serve auto bays and 1 self-serve oversized truck bay, real estate consisting of over half an acre of prime real estate with plenty of concreted area to add other amenities, all equipment, remaining chemicals, parts and a 500T Hydraulic pit cleaner. Bays have in-floor heat for winter months, self-serve bays have weep system for winter months, property has private well and is hooked to city water as well in case of well failure. Financials and private tour available upon request. *Census 2020

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© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-05-23T15:26:01.493
www.gwenjohnson.com/homes/137192917
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280 Eastern Ave Marengo, IA 52301

  • Price: $229,000
  • Status: Closed
  • On Site: 454 Days
  • Updated: 118 min ago
  • MLS #: 202301012
0
Beds
0
Baths
0
½ Baths
0.7
Acres
2,594
SQFT
$0
$/SQFT
1997
Built
Neighborhood:
Corridor Area
County:
Iowa
Area:
Corridor Area
Elementary School:
Iowa Valley
Middle School:
Iowa Valley
High School:
Iowa Valley
Property Description
Investment opportunity! Heres an opportunity to purchase the only auto and truck wash located in a prime location on 1 of the busiest streets in town, and just off Hwy 6 in Marengo, IA. Marengo (population 2435*), is the county seat of Iowa County (population 16,662*). This is a turn key operation with many recent updates including: 1 new HP pump, 1 new LP pump, new security system with 8 cameras, new motors on 2 vacuums, bill changer reworked, drain lines recently jetted and more. This would make a great first time investment or a great addition to a current portfolio for someone looking for a semi passive income stream. Make money while you sleep! Included in the sale is the building consisting of over 2500 sq ft with one automatic wash bay, 2 self-serve auto bays and 1 self-serve oversized truck bay, real estate consisting of over half an acre of prime real estate with plenty of concreted area to add other amenities, all equipment, remaining chemicals, parts and a 500T Hydraulic pit cleaner. Bays have in-floor heat for winter months, self-serve bays have weep system for winter months, property has private well and is hooked to city water as well in case of well failure. Financials and private tour available upon request. *Census 2020
Exterior Features

Additional Square Feet 2000-5000 Sqft Construct Cm FrameSteel/Metal Road Frontage County/City RoadPavement Roof Type Metal/Steel

Interior Features

Cooling No A/C Elevators No Floor Type Concrete Slab/Grade Heating Steam/Hotwtr

Property Features

Additional Charges Sq Ft 0 Bank Owned NO Base Price Square Foot 0 Business Auto ServicesOther Ci Features BoilerFixtures/FurnitureSecurity SystemOther Gross Taxcounty And City 4744 Insurance Exp Per Sqft 0.36 Internet Yes Lease Price 0 Lease Term 0 Lease Value 0 Location Freestanding Lot Dimensions 0 Ownership Type Business Opportunity Possible Financing CashConventional Sale Includes Building/Bus/LandEquipment InclInventory Incl Sale Lease For Sale Special Features None Type Of Lease 0 Utilities Available ElectricityNatural GasSepticWater-CityWell-Private Zoning Commercial

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Trent Forrest of Iowa Elite Marketing Group: 319-642-0254.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-05-23T15:26:01.493
 
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The Johnson Team | Skogman Realty
2530 Corridor Way
Coralville IA, 52241