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1111 N Walnut Street

Bloomington, IN 47404
  • $1,795,900
  • STATUS: Active
  • ON SITE: 184 Days
  • MLS #: 202330595
UPDATED: 25 min ago
$1,795,900
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,326
    SQFT
Type:
Commercial
Built:
1961
County:
Area:

School Ratings & Info

Listing provided by Jim Regester of RE/MAX Realty Professionals: Offc: 812-323-1231.

Description

Prime investment opportunity situated near the IU Stadium, positioned at the coveted intersection of North Walnut and 15th St. This exceptional property boasts a spacious 4/10ths-acre parcel of land adorned with a meticulously renovated building spanning over 8000 square feet. Currently under lease to the Bloomington Center for Growing Culturally, the lease is set to conclude on October 31st, 2025. Recent enhancements have significantly elevated the property's value, including the installation of four brand-new AC units, a partial roof replacement, and the successful conversion of drop ceiling lights to energy-efficient LED lighting. Moreover, an alternative investment property encompassing 4/10ths of an acre stands as an enticing prospect for those seeking diverse investment avenues.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2024-02-25T20:29:19.62.

www.myindianahomes.com/homes/142764733
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1111 N Walnut Street Bloomington, IN 47404

  • Price: $1,795,900
  • Status: Active
  • On Site: 184 Days
  • Updated: 25 min ago
  • MLS #: 202330595
0
Beds
0
Baths
0
½ Baths
0.4
Acres
8,326
SQFT
$216
$/SQFT
1961
Built
Neighborhood:
Northeast Bloomington City
County:
Monroe
Area:
Monroe
Property Description
Prime investment opportunity situated near the IU Stadium, positioned at the coveted intersection of North Walnut and 15th St. This exceptional property boasts a spacious 4/10ths-acre parcel of land adorned with a meticulously renovated building spanning over 8000 square feet. Currently under lease to the Bloomington Center for Growing Culturally, the lease is set to conclude on October 31st, 2025. Recent enhancements have significantly elevated the property's value, including the installation of four brand-new AC units, a partial roof replacement, and the successful conversion of drop ceiling lights to energy-efficient LED lighting. Moreover, an alternative investment property encompassing 4/10ths of an acre stands as an enticing prospect for those seeking diverse investment avenues.
Exterior Features

Construction Type1 Frame Exterior Brick Fire Doors YN No Location Near College CampusOther Lot Dimensions 175X130 Parking Off-StreetOther Parking Spaces 26 Parking Type Paved Lot Parking YN Yes Road Access City Roof Material Asphalt Security Light YN Yes Sign Type Other Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Other Basement YN No Bldg1 Above Grd Sq Ft 8326 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 8400 Ceiling Height 8' Column Spacing N/A Cooling Central Air Flooring CarpetTile Heating Fuel ElectricForced Air Interior Height 9' Interior Walls Drywall Special Features 110 VoltsSingle PhaseFencedHandicap AccessOffice Space Total Restrooms 2

Property Features

Annual Taxes 1062.94 Auction YN No Buildings 1 Burglar Alarm YN Yes Cross Street N. Walnut St. & 15th St. Currently Leased YN Yes Documents Available Aerial PhotoLegal DescriptionZoning Enterprise Zone No Equipment YN Yes Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Inside City Limits Yes Lease Term Remaining 10/31/2025 New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Office Reo YN No Sale Includes BuildingFurniture Sewer Public Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Bloomington Water Heater YN Yes Water Softener YN No Water Utility Public Year Taxes Payable 2023 Zoning Description Mm-Mixed-Use Medium-Scale

Listing provided by Jim Regester of RE/MAX Realty Professionals: Offc: 812-323-1231.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 McAfee Home Group | Century 21 Realty, Inc..


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2024-02-25T20:29:19.62.

 
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McAfee Home Group | Century 21 Realty, Inc.
2928 E Dupont Rd
Fort Wayne IN, 46825
Listing provided by Jim Regester of RE/MAX Realty Professionals: Offc: 812-323-1231.