3802 3rd, Bloomington, IN 47401


MLS ID: #202100096
Price: $ 2,398,000
Sq Ft: 10,508
Office SqFt: 10,508
Lot Size: 0.97 Acres
Year Built: 1996
Taxes: $ 28,704
  • Bookmark and Share

Spacious office building located on the ever – growing east side of Bloomington Indiana. High traffic area, on the main east – west thoroughfare. 2.1 miles, a 6 minute drive, to the new Indiana university regional academic hospital. This collaborative project between IU Health in Indiana University is expected to open in 2021. Bloomington’s east side is home to a number of medical practices, a large Number of both owner occupied and rental residences, and a diverse cross section of businesses. BUILDING FEATURES 70 parking spaces, fully ADA compliant including elevator, 80 office spaces, nice reception area, full kitchen, and large conference room. Building only, business is not for sale. Age: North half of building was built in 1996 and South half completed in 2001. Great investment with a 7% Cap Rate! Road frontage on two streets, offering an opportunity for signage on each. An entrance is situated on both the north/south, and east/west street. The building is located at a signaled intersection, further enhancing visibility.

MLS ID: 202100096


Planned Unit Dev No
Auction No
Zoning Description General Commercial; PUD
New Construction No
Number of Buildings 1
Building 1
Bldg 1 Above Ground SF 10,508
Bldg 1 Below Ground SF 2,645
Bldg 1 Stories 3
Bldg 1 Finished Office SF 13,153
Lot Dimensions 224.54 x 200.00 x 224.54 x 200.00
Approx Lot Size SqFt 42,253
Approx Lot Size Acres 1
Road Access City
Lighted Intersection Yes
Parking Yes
Parking Lot
Parking Type parking lot
# Parking Spaces 70
Total Restrooms 6
Ingress/Egress Asphalt
Water Front No
Currently Leased Yes
Lease Term Remaining yes
Sprinkler System Yes
Signs Yes
Sign Type Street Sign Pole/Sign
Fire Doors Yes
Enterprise Zone No
Sale Includes: Building, Furniture
Heating/Fuel Gas, Forced Air
Cooling Central Air
Exterior Stone
Roof Material Metal
Interior Walls Drywall
Flooring Carpet, Ceramic Tile
Water Utility City
Sewer Public
Special Features Three Phase, Handicap Access, Passenger Elevator, Basement, Office Space, Reception Area, Ventilating/Exhaust Fans
Annual Taxes $28,703.92

Listing Office: Revestco LLC

Listing Agent: Amy Powell


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.