1111 Walnut, Bloomington, IN 47404 - Myers Trust

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
  • Bookmark and Share

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

Listing Office: RE/MAX Realty Professionals

Listing Agent: Jim Regester

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.