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601 N Morton,  Bloomington IN, 47404 (Commercial)

Status: Active
MLS#: 201933984
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Last Updated: 8/23/2019 5:59 AM
Description for 601 N Morton Bloomington, IN 47404
The City of Bloomington is pleased to offer for sale the historic Showers Administration building. The building is ±18,444 SF (ground floor ⓠstorage only: 4,652 SF, first floor: 6,862 SF, second floor: 6,930 SF) and is situated on 0.19 acres. Please contact the listing agent to arrange a tour, and for instructions on how to submit a proposal. The due date is 5:00 p.m, Friday, October 11, 2019. Two appraisals were completed in October, 2013 and averaged $732,500. The building is located in an Opportunity Zone and is locally designated as historic. The city desires that the building be rehabbed for office use. The city also owns two 0.19 acre vacant lots, which are located immediately to the north. Each lot is offered for sale for an additional $300,000 each (See MLS 201933997 and MLS 201933999). The lots are only available with the purchase and renovation of the Administration building; they are not separately offered for development.
Price
$732,500
Northwest Bloomington City
Monroe County
201933984
Active
Description
The City of Bloomington is pleased to offer for sale the historic Showers Administration building. The building is ±18,444 SF (ground floor ⓠstorage only: 4,652 SF, first floor: 6,862 SF, second floor: 6,930 SF) and is situated on 0.19 acres. Please contact the listing agent to arrange a tour, and for instructions on how to submit a proposal. The due date is 5:00 p.m, Friday, October 11, 2019. Two appraisals were completed in October, 2013 and averaged $732,500. The building is located in an Opportunity Zone and is locally designated as historic. The city desires that the building be rehabbed for office use. The city also owns two 0.19 acre vacant lots, which are located immediately to the north. Each lot is offered for sale for an additional $300,000 each (See MLS 201933997 and MLS 201933999). The lots are only available with the purchase and renovation of the Administration building; they are not separately offered for development.
Listing Information
Property Type: Office, Other
1916
Bloomingto//
Northwest Bloomington City
Neighborhood
Room Information
Interior Features
Forced Air
City
Exterior / Lot Features
Lot
City Sewer
None
62.75X132
0.19 Acres
City Road
Driving Directions
Northwest corner of Morton St and 10th St
Financial Considerations
53-05-33-206-019.00>
$0
Listing Price History
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Bloomington Real Estate

Bloomington is located in Indiana. Bloomington, Indiana 47404 has a population of 84,320.

The median household income in Bloomington, Indiana 47404 is $34,680. 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 47404 is 30 years.

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Courtesy: Dave Harstad - Colliers International
This content last refreshed on 8/23/2019 5:59 AM. 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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