Corner Multi-Parcel Investment
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30770388 |
| Property Subtypes: |
Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
12,129 SF
|
| Gross Land Area: |
1.96 Acres
|
| Sale Price: |
$1,325,000 |
| Unit Price: |
$109.24 PSF |
| Ceiling: |
9 ft. |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/5/2021 |
Overview / Comments
|
Zoned mixed-use corridor, this 1.96 acre commercial property is located at a lighted intersection on the corner of W. 3rd and Cory Lane. Property sale includes 3 parcels containing 3 total buildings: (2002) Retail +/- 2,450 SF; (2006) Retail +/- 3,613 SF; (2008) Warehouse +/- 6,066 SF. Ideal for retail or a larger redevelopment of corner area. Lots will not be subdivided.
|
Additional Details
| Nearest MSA: |
Bloomington |
| County: |
Monroe |
| Tax ID/APN: |
53-05-31-400-004.000-005 |
| Zoning: |
MIXED-USE CORRIDOR |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
W. 3rd St. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
3 |
| Number of Stories: |
2 |
| Property Condition: |
Average |
| Year Built: |
1980 |
| Roof Type: |
Arched |
| Construction/Siding: |
Brick/Vinyl Siding |
| Total Parking Spaces: |
30 |
| Parking Type: |
Surface |
| Parking Description: |
Private paved & gravel lot |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Zoning Description: |
Mixed-Use Corridor |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
(2002) 013-53270-00 PT SE SE 31-9-1W .861 A; PLAT 13
(2006) 013-53280-00 PT S1/2 SE 31-9-1W; .587 A; Plat 14
(2008) 013-53290-00 PT SW SE 31-9-1W .507 A; PLAT 12
|
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,583 |
76,690 |
116,929 |
| Median Age: |
29.08 |
28.46 |
31.05 |
| Households: |
4,136 |
28,884 |
46,287 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
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