5691 Indiana 64, Marengo, IN

For Sale$129,800

5691 Indiana 64, Marengo, IN 47140

  • Retail
  • Retail (Other)

5691 Indiana 64, Marengo, IN, Marengo, IN 47140 - Retail Space

5691 Indiana 64, Marengo, IN is located at 5691 Indiana 64 in the Marengo neighborhood, IN, Marengo, 47140. The Retail building was completed in 1982 and features a total of 1,096 Sqft.

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Details

  • Sale Price $129,800
  • City Marengo
  • Neighborhood Marengo
  • Zip Code 47140
  • Market Louisville
  • Property Type Retail - Retail (Other)
  • Property Size 1,096 Sqft
  • Lot Size 2.27 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1982
  • Date Updated 13 Jan, 2020

Description

Great business opportunity in high-traffic area on IN-64, one mile west of Marengo! This property has TWO buildings on a total of 2.27 acres (3 parcels). One building is a retail grocery and produce store that has been in business for 10 years. The other building is a 20x40 pole barn that was used as a residence; it has now been gutted and could easily be turned into living space. Additional 20x30 shop and storage shed, and about an acre of parking space. Shaved ice machine, cabinet, and equipment for shaved ice machine are not included. Property is on cistern water (cistern is only a year old) and septic. Square feet is approximate; if critical, buyers should verify.

Marengo Demographics

The average household income in zip code 47140 is $44,422, from a total of 1,019 households. In terms of employment, there are 61.14 % white-collar and 38.86 % blue-collar jobs in zip code 47140.

Population

  • Total Population690
  • Male Population(49.6 %) 342
  • Female Population(50.4 %) 348
  • Median Age39.20

Income/Financial

  • Average Household Income$39,870
  • Median Household Income$33,990
  • Median Income Under 25$56,250
  • Median Income 25-44$58,594
  • Median Income 45-64$27,031
  • Median Income Over 65$27,500

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Stephannie Wilson

Schuler Bauer Real Estate Services