Rare Southside Warehouse

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30824220
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $695,000
Unit Price: $144.79 PSF
Property Use Type: Investment, Business
Building Name: 203 W Gordon Pike
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/10/2022

Overview / Comments

Rare Find on Bloomington’s Southside. One Story Manufacturing/Distribution Warehouse featuring +/- 4800 sqft. with private parking. One Bedroom Apartment with Separate Entrance on Site. Zoned Planned Commercial Development. See Attached Possible Uses

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $2,676 (Annual)
Tax Value Land $156,000
Tax Value Improvements $53,200
Assessed Value - Total($) $209,200 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $2,843 (Annual)
Tax Value Land $156,000
Tax Value Improvements $65,600
Assessed Value - Total($) $221,600 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $3,018 (Annual)
Tax Value Land $156,000
Tax Value Improvements $81,800
Assessed Value - Total($) $237,800 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $3,032 (Annual)
Tax Value Land $156,000
Tax Value Improvements $81,000
Assessed Value - Total($) $237,000 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $3,361 (Annual)
Tax Value Land $156,000
Tax Value Improvements $120,600
Assessed Value - Total($) $276,600 (Annual)

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 53-08-21-200-104.000-008
Zoning: PLANNED COMMERCIAL DEVELOPMENT
Retail Clientele: General, Business
Largest Nearby Street: Walnut Street
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,800 SF
Year Built: 1993
Construction/Siding: Aluminum Siding
Parking Type: Surface
Parking Description: Private Parking
Zoning Description: Planned Commercial Development
Part of Planned Development?: Yes
Water Service: Municipal
Legal Description: SOUTHCREST LOT 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,967 52,006 105,635
Median Age: 38.41 32.51 30.32
Households: 3,173 23,372 41,665
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