Address
1111 N Walnut Street, Bloomington, IN
Price
$ 1,795,900
Property Attributes
- MLS#202330595
- TypeCommercial
- CountyMONROE
- CityBloomington
- AreaBloomington
- NeighborhoodNortheast Bloomington City
- Zip47404
- StyleOffice
- Year Built1961
- Taxes$ 1062
- Price$ 1,795,900
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage8326
- Lot Size0.4 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description
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.
| Price History | |
|---|---|
| 8/24/2023 | Listed $1,795,900 |
General Features
| # of Buildings | 1 |
|---|---|
| Age | 62 |
| Agent First Name | Jim |
| Agent Last Name | Regester |
| Annual Taxes | 1062.94 |
| Area | Monroe County |
| Auction Y/n | No |
| Bathrooms | 2 |
| Ceiling Height | 8' |
| City | Bloomington |
| Class | COMMERCIAL |
| Cooling | Central Air |
| DOM | 104 |
| Fips Code | 18105 |
| Heating | Electric, Forced Air |
| Inside City Limits | Yes |
| Legal Description | 013-39880-00 KENWOOD LOTS 105 & 106 |
| Location | Near College Campus, Other |
| New Construction | No |
| Parking | Yes |
| Parking | Off-Street, Other |
| REO | No |
| Roof | Asphalt |
| Sewer | Public |
| Special Features | 110 Volts, Single Phase, Fenced, Handicap Access, Office Space |
| Status | Active |
| Status | Active |
| Stories | 2 |
| Street Name | Walnut |
| Subdivision | Northeast Bloomington City |
| Tax Year | 2023 |
| Township | Bloomington |
| Type | Office |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202330595 |
| Year Built | 1961 |
| Zoning Description | MM-Mixed-Use Medium-Scale |
Interior Features
| Basement Y/n | No |
|---|---|
| Basement/Foundation | Other |
| Burglar Alarm Y/n | Yes |
| Equipment Y/n | Yes |
| Fire Protection | City |
| Flooring | Carpet, Tile |
| Interior Height | 9' |
| Smoke/fire Alarm Y/n | Yes |
| Walls | Drywall |
| Water Heater Y/n | Yes |
Exterior Features
| Approx. Lot Size Acres | 0.4 |
|---|---|
| Construction Type 1 | Frame |
| Exterior | Brick |
| Ingress/egress | Asphalt |
| Lot Dimensions | 175x130 |
| Lot Size Area | 17424 |
| Number of Parking Spaces | 26 |
| Parking Type | Paved Lot |
| Road Access | City |
| Security Light Y/n | Yes |
| Sprinkler System Y/n | No |
| Water Softener Y/n | No |
| Waterfront Y/N | No |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on December 9, 2023 6:58 PM UTC
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