3000 Walnut, Bloomington, IN 47401

Overview

MLS ID: #201904314
Price: $ 3,000,000
Sq Ft: 10,050
Office SqFt: 10,050
Lot Size: 5.33 Acres
Year Built: 2015
Zoning: Other
Taxes: $ 26,901
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5.33 acres at 3000 and 3070 S. Walnut in Bloomington, Indiana, zoned Commercial. Property includes a newly constructed 10,050 sf commercial building that is fully leased by Force Fitness, a state-of-the-art fitness center, and True Health Chiropractic. Both businesses are thriving and are fully performing under their respective leases. The sale would include the real estate and improvements only, and not the businesses located on the property. The 2018 NOI for the existing building was $99,844.20, and professionally prepared site plans anticipate three additional mixed-use buildings that would include commercial and multi-family residential units (site plans and pro forma development projections available upon request). The new owner could maintain cash flow with the current tenants and develop additional buildings to increase profitability. Excellent opportunity at this price on Bloomington’s south side!

MLS ID: 201904314

Details

Planned Unit Dev No
Auction No
New Construction No
Number of Buildings 1
Building 1
Bldg 1 Above Ground SF 10,050
Bldg 1 Below Ground SF 0
Bldg 1 Stories 10,050
Bldg 1 Finished Office SF 1,200
Lot Dimensions see lot size acres
Approx Lot Size SqFt 232,175
Approx Lot Size Acres 5
Road Access City
Parking Yes
Parking Paved
Parking Type Parking Lot
Total Restrooms 3
Column Spacing 12
Ingress/Egress Asphalt
Water Front No
Currently Leased Yes
Lease Term Remaining 5 years
Sprinkler System Yes
Signs Yes
Sign Type Attached Building Signs
Fire Doors Yes
Enterprise Zone No
Sale Includes: Building, Land
Heating/Fuel Gas, Forced Air
Cooling Central Air
Exterior Metal, Masonry
Roof Material Flat, Rubber
Interior Walls Drywall
Flooring Carpet, Concrete, Tile
Water Utility City
Sewer City
Special Features 220 Volts, Locker/Change Room, Public Restrooms, Reception Area, Cable
Annual Taxes $26,900.60
Gross Monthly Rent $9,700.00

Listing Office: Millican Realty

Listing Agent: Andy Lynch

Disclaimer:

Property information is provided by the Indiana Regional MLS. The 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. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.
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