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217 Lincoln Street

Bloomington, IN 47408
  • $3,150,000
  • STATUS: Active
  • ON SITE: 126 Days
  • MLS #: 202530199
UPDATED: 75 min ago
$3,150,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,040
    SQFT
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Listing provided by Jeff Brawley of Brawley Real Estate: Office: 812-336-6888.

Description

Located just steps from IU Campus and Kirkwood Avenue, 217 S Lincoln is a fully leased, mixed-use investment property in one of Bloomingtons most desirable areas. The building includes 12 residential units " eleven 1-bed/1-bath apartments and a 5-bed/3-bath penthouse " along with 3 street-facing commercial units, 2 of which are occupied by iconic Bloomington resturaunts. The property generates $23,359.89 in monthly gross rent. This is a rare opportunity to own a high-performing asset in a prime location surrounded by new growth.

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© 2025 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: 2025-12-05T09:28:06.047.

www.myindianahomes.com/homes/166474890
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217 Lincoln Street Bloomington, IN 47408

  • Price: $3,150,000
  • Status: Active
  • On Site: 126 Days
  • Updated: 75 min ago
  • MLS #: 202530199
0
Beds
0
Baths
0
½ Baths
0.2
Acres
15,040
SQFT
$209
$/SQFT
1980
Built
Neighborhood:
Southeast Bloomington City
County:
Monroe
Area:
Monroe
Property Description
Located just steps from IU Campus and Kirkwood Avenue, 217 S Lincoln is a fully leased, mixed-use investment property in one of Bloomingtons most desirable areas. The building includes 12 residential units " eleven 1-bed/1-bath apartments and a 5-bed/3-bath penthouse " along with 3 street-facing commercial units, 2 of which are occupied by iconic Bloomington resturaunts. The property generates $23,359.89 in monthly gross rent. This is a rare opportunity to own a high-performing asset in a prime location surrounded by new growth.
Exterior Features

Exterior ConcreteStoneAsphalt Fire Doors YN No Lot Dimensions Irregular Parking LotPavedPrivate Parking Type Paved Parking YN Yes Road Access City Roof Material Flat Security Light YN Yes Signs YN No Waterfront YN No

Interior Features

Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 15040 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 8 Column Spacing - Cooling Multiple Cooling Units Flooring Mixed Heating Fuel Forced Air Interior Height 8 Interior Walls Block Special Features None Total Restrooms 16

Property Features

Annual Taxes 25512.88 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN Yes Documents Available Income/ExpensesLBP FormLeaseLegal DescriptionRent Roll Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Gross Monthly Rent 23359.89 Ingress Egress Concrete Lease Term Remaining Varries New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Mixed Use Property Use Investment Property Reo YN No Sale Includes BuildingLease Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Bloomington Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2025

Listing provided by Jeff Brawley of Brawley Real Estate: Office: 812-336-6888.

© 2025 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..


© 2025 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: 2025-12-05T09:28:06.047.

 
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McAfee Home Group | Century 21 Realty, Inc.
2928 E Dupont Rd
Fort Wayne IN, 46825
Listing provided by Jeff Brawley of Brawley Real Estate: Office: 812-336-6888.