1111 Walnut, Bloomington, IN 47404
Overview
| MLS ID: | #202330595 |
|---|---|
| Price: | $ 1,795,900 |
| Sq Ft: | 8,326 |
| Office SqFt: | 8,326 |
| Lot Size: | 0.40 Acres |
| Year Built: | 1961 |
| Zoning: | |
| Taxes: | $ 1,063 |
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.
MLS ID: 202330595
Details
| Planned Unit Dev | No |
|---|---|
| Auction | No |
| Zoning Description | MM-Mixed-Use Medium-Scale |
| New Construction | No |
| Number of Buildings | 1 |
| Building 1 | |
| Bldg 1 Above Ground SF | 8,326 |
| Bldg 1 Below Ground SF | 0 |
| Bldg 1 Stories | 2 |
| Bldg 1 Finished Office SF | 8,400 |
| Lot Dimensions | 175x130 |
| Approx Lot Size SqFt | 17,424 |
| Approx Lot Size Acres | 0 |
| Ceiling Height | 8 |
|---|---|
| Road Access | City |
| Parking | Yes |
| Parking | Off-Street, Other |
| Parking Type | Paved Lot |
| # Parking Spaces | 26 |
| Total Restrooms | 2 |
| Interior Height | 9 |
| Ingress/Egress | Asphalt |
| Water Front | No |
|---|
| Currently Leased | Yes |
|---|---|
| Lease Term Remaining | 10/31/2025 |
| Sprinkler System | No |
|---|---|
| Signs | Yes |
| Sign Type | Other |
| Fire Doors | No |
| Enterprise Zone | No |
| Sale Includes: | Building, Furniture |
| Heating/Fuel | Electric, Forced Air |
| Cooling | Central Air |
| Exterior | Brick |
| Roof Material | Asphalt |
| Interior Walls | Drywall |
| Flooring | Carpet, Tile |
| Water Utility | Public |
|---|---|
| Sewer | Public |
| Special Features | 110 Volts, Single Phase, Fenced, Handicap Access, Office Space |
| Annual Taxes | $1,062.94 |
|---|
Map
Listing Office: RE/MAX Realty Professionals
Listing Agent: Jim Regester
Disclaimer:
Mortgage
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