3000 Walnut, Bloomington, IN 47401
Overview
MLS ID: | #201937687 |
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Price: | $ 3,000,000 |
Sq Ft: | 10,050 |
Office SqFt: | 10,050 |
Lot Size: | 5.33 Acres |
Year Built: | 2015 |
Zoning: | |
Taxes: | $ 26,901 |
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: 201937687
Details
Planned Unit Dev | No |
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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 |
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Parking | Yes |
Parking | Paved |
Parking Type | Parking Lot |
Total Restrooms | 3 |
Column Spacing | 12 |
Ingress/Egress | Asphalt |
Water Front | No |
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Currently Leased | Yes |
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Lease Term Remaining | 5 years |
Sprinkler System | Yes |
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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 |
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Sewer | City |
Special Features | 220 Volts, Locker/Change Room, Public Restrooms, Reception Area, Cable |
Annual Taxes | $26,900.60 |
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Gross Monthly Rent | $9,700.00 |
Listing Office: Millican Realty
Listing Agent: Jason Millican
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