High Traffic Retail Near Simon Mall & IU Campus

2611 E 3rd Street, Bloomington, Indiana 47401

  • Property Subtypes Retail-Pad , Street Retail
  • Building Size (RSF) 42,000 SF
  • Gross Building Area 42,000 SF
  • Building Status Existing
  • Sale Price $3,250,000.00 Total
  • Unit Price $77.38 per SF
  • Property Use Type Investment
  • Class of Space N/A
  • Total Land Size 1.24 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 5/19/2020
  • Days on Market 301 Days
  • Status active

Overview / Comments

Premium location on East Third Street between Simon Mall and across from Eastland Plaza. Land is 1.24 Acres and zoned Commercial Arterial (high traffic retail). Currently 28,000SF is leased leaving 14,000SF available. See Listing Agent for details.

Additional Details

  • Tax ID/APN 013-05690-00
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 2
  • Year Built 1966
  • Zoning Description Commercial Arterial

Current Tenants

  • Tenant Business Name Pacific Sunny Grocery
  • Annual Revenue 168000
  • Space Occupied 21,000
  • Current Rent $14,000
  • Lease Expiration 12/2021
  • Tenant Business Name Kyu Hair Salon
  • Annual Revenue 5004
  • Space Occupied 1,000
  • Current Rent $417
  • Lease Expiration 11/2020
  • Tenant Business Name Yibo Ma Karaokee
  • Annual Revenue 43260
  • Space Occupied 6,000
  • Current Rent $3,713
  • Lease Expiration 10/2020