South Side Warehouse/Office for Sale

Industrial for Sale
Catylist Listing ID: 30837593
Property Subtypes: Free-Standing, Self Storage, Warehouse/Distribution
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.29 Acres
Sale Price: $965,000
Unit Price: $96.50 PSF
Ceiling: 16 ft. / 22 ft. Clear
Docks/Doors: 1 Dock, 2 Doors
Office SF: 4,000 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2023

Overview / Comments

Warehouse/Office building located on the south side of Bloomington, Indiana. Total of 10,000 SF (4,000 SF Office and 6,000 SF Warehouse) plus 4,000 SF bonus mezzanine storage above office area! The office space has a total of 8 rooms, a large reception area, kitchen, two baths with storage room. The warehouse is a clear span space with 22' height in the center and 16' height at the eaves. Stair case leading to overhead storage(above the office space) that can receive pallets from forklifts for parts and inventory. Dock will only accommodate a box/cube truck. The property is zoned Mixed Use Corridor. Adjoining undeveloped land could allow for a major expansion of the building and or parking. Property can also be leased at $7.50 PSF NNN. This is based off a total of 10,000 SF and will not include the 4,000 SF Mezzanine Storage when calculating rent. Monthly based rent would be $6,250.

Permitted uses allowed, but not limited to: Dwelling multifamily, club or lodge, community center, place of worship, school trade or business, medical clinic, commercial plant nursery or greenhouse, veterinarian clinic, indoor recreation, fitness center, personal service, building supply store, equipment sales or rental, contractor's yard.

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 53-01-53-131-502.000-009
Zoning: MC - MIXED USE CORRIDOR
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1970
Year Renovated: 1997
Roof Type: Other
Construction/Siding: Aluminum Siding
Parking Type: Surface
Eave Height: 16
Heat Source: Other
Air Conditioning: Other
Zoning Description: Mixed-Use Corridor
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: 015-31315-02 SMITH TRACTS LOT 2 (1.29A); ANNEXED 3-1-06 FROM 014-31310-00

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,838 52,006 105,635
Median Age: 38.21 32.51 30.32
Households: 2,779 23,372 41,665

Contact

© Copyright 2001-2023 Moody's. All Rights Reserved. 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.