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1305 W 11th,  Bloomington IN, 47404 (Commercial)

Status: Active
MLS#: 201731461
1of
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Last Updated: 4/21/2018 2:01 PM
Description for 1305 W 11th Bloomington, IN 47404
If you are looking for an affordable place in town to house your business equipment, have a repair shop or just use for extra storage, this is the place. This nice .49 acre lot has 2 very well built garages One is currently being leased to long term Tenants who use it for extra storage for their business. The garage known as building A is currently vacant and would make a perfect place for an auto or lawn equipment repair shop, landscaping business or construction company that needs storage space. The owner is willing to lease the vacant 1120 sq. ft. garage "built in 1990" for $650 per month plus utilities. The garage known as Building B was built in 1996, has 962 sq. ft. and is leased until July of 2018 for $400 per month "which should be more". Seller has never raised the lease prices on these long term Tenants. There is also a box trailer on the property that is currently being used as the owners office. There is plenty of room to expand on the front of each building if needed. Both buildings have a bathroom and their own electric and gas meters. Building A also has an office space so it is the perfect place to have your own business and then continue to lease building B to offset the monthly payment. Seller is willing to sell on contract with a 20% down payment and reasonable terms.
Price
$179,900
Monroe County
201731461
Active
Description
If you are looking for an affordable place in town to house your business equipment, have a repair shop or just use for extra storage, this is the place. This nice .49 acre lot has 2 very well built garages One is currently being leased to long term Tenants who use it for extra storage for their business. The garage known as building A is currently vacant and would make a perfect place for an auto or lawn equipment repair shop, landscaping business or construction company that needs storage space. The owner is willing to lease the vacant 1120 sq. ft. garage "built in 1990" for $650 per month plus utilities. The garage known as Building B was built in 1996, has 962 sq. ft. and is leased until July of 2018 for $400 per month "which should be more". Seller has never raised the lease prices on these long term Tenants. There is also a box trailer on the property that is currently being used as the owners office. There is plenty of room to expand on the front of each building if needed. Both buildings have a bathroom and their own electric and gas meters. Building A also has an office space so it is the perfect place to have your own business and then continue to lease building B to offset the monthly payment. Seller is willing to sell on contract with a 20% down payment and reasonable terms.
Listing Information
Property Type: Industrial, Other
1990
Bloomingto//
Neighborhood
Room Information
Interior Features
A/C - Other
Gas Heat
3
City
Exterior / Lot Features
Yes
Garage, Gravel, Lot, Off Street, Private
Septic
None
218.59 X 90 & 165 X 10
0.49 Acres
GI Genera>
City Road
Driving Directions
Go West on 11th St. past the 3 way stop sign at Adams St. towards Vernal. Property will be on the left after you pass the 11 St. Pentecostal church you will see a house and the drive to the garages is the very next one past the house on the left.
Financial Considerations
53-05-32-200-056.00>
$1,423
Listing Price History
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Bloomington Real Estate

Bloomington is located in Indiana. Bloomington, Indiana 47404 has a population of 84,067.

The median household income in Bloomington, Indiana 47404 is $28,660. The median household income for the surrounding county is $41,857 compared to the national median of $53,482. The median age of people living in Bloomington 47404 is 23.5 years.

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Courtesy: Bruce Storm Real Estate & Mgmt.
This content last refreshed on 4/21/2018 2:01 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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