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3000 S Walnut,  Bloomington IN, 47401 (Commercial)

Status: Active
MLS#: 201904314
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Last Updated: 7/17/2019 11:59 PM
Description for 3000 S Walnut Bloomington, IN 47401
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 Bloomingtonâs south side!
Price
$3,000,000
None
Monroe County
201904314
Active
Description
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 Bloomingtonâs south side!
Listing Information
Property Type: Other
2015
Perry//
None
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Forced Air
City
Exterior / Lot Features
Paved Driveway
City Sewer
None
SEE LOT SIZE ACRES
5.33 Acres
Other
In City, City Road
Driving Directions
From downtown Bloomington travel South on Walnut, location is South of Winslow on the right side.
Financial Considerations
53-08-16-200-020.00>
$26,901
Listing Price History
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Bloomington Real Estate

Bloomington is located in Indiana. Bloomington, Indiana 47401 has a population of 84,320.

The median household income in Bloomington, Indiana 47401 is $47,384. The median household income for the surrounding county is $41,218 compared to the national median of $49,877. The median age of people living in Bloomington 47401 is 30 years.

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Courtesy: Andy Lynch - Millican Realty
This content last refreshed on 7/17/2019 11:59 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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