Investment Property For Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30860432 |
| Property Subtypes: |
Restaurant, Retail-Pad, Other
|
| Building Size (RSF): |
19,650 SF
|
| Gross Land Area: |
1 Acre
|
| Sale Price: |
$2,650,000 |
| Unit Price: |
$134.86 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/27/2023 |
Overview / Comments
|
Property Features Two restaurant retail spaces plus a second-floor office space. Located on Bloomington’s South side near Switchyard Park, Downtown and the B-line Trail. Near Catalent Pharma Solutions.
|
Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$14,979 (Annual) |
| Tax Value Land |
$115,000 |
| Tax Value Improvements |
$1,530,600 |
| Assessed Value - Total($) |
$1,645,600 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$14,928 (Annual) |
| Tax Value Land |
$115,000 |
| Tax Value Improvements |
$1,524,100 |
| Assessed Value - Total($) |
$1,639,100 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$15,882 (Annual) |
| Tax Value Land |
$115,000 |
| Tax Value Improvements |
$1,623,900 |
| Assessed Value - Total($) |
$1,738,900 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$15,779 (Annual) |
| Tax Value Land |
$115,000 |
| Tax Value Improvements |
$1,615,100 |
| Assessed Value - Total($) |
$1,730,100 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$16,293 (Annual) |
| Tax Value Land |
$115,000 |
| Tax Value Improvements |
$1,681,000 |
| Assessed Value - Total($) |
$1,796,000 (Annual) |
Current Tenants
| Tenant Business Name |
Clendening Johnson & Bohrer, PC |
| SF of Space Occupied |
7,584 SF |
| Current Rent |
$6,448 PSF (Annual) |
| Tenant Business Name |
Feast Cafe |
| Is Renting? |
Yes |
| SF of Space Occupied |
2,656 SF |
| Current Rent |
$2,500 PSF (Annual) |
| Tenant Business Name |
Southern Stone |
| Is Renting? |
Yes |
| SF of Space Occupied |
5,500 SF |
| Current Rent |
$5,200 PSF (Annual) |
Additional Details
| Nearest MSA: |
Bloomington |
| County: |
Monroe |
| Tax ID/APN: |
53-08-05-400-038.000-009 |
| Zoning: |
PUD |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Year Built: |
2006 |
| Legal Description: |
015-12930-00 SEM PT LOT 40,DODDS LOT 27 & PT LOT 14 & VAC ST & ALLEY 1.00A 40B |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,038 |
86,478 |
106,650 |
| Median Age: |
28.28 |
28.38 |
30.29 |
| Households: |
8,395 |
33,896 |
42,128 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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