Downtown Redevelopment Properties

Vacant Land for Sale
Catylist Listing ID: 30767330
Property Subtypes: Multi-Family
Gross Land Area: 0.41 Acres
Sale Price: $215,000
Unit Price: $524,390 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2023

Overview / Comments

Downtown redevelopment project near IU campus, shopping, post office, & Bryan Park. Multi-Family structures previously had 10 total units with off street parking, however 754 has been demolished, 752 needs to be demolished as well. Land is in a floodplain and totals 0.41 AC, zoned Mixed Use Downtown/DG which allows for multi-family residential.

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 53-08-04-200-028.000-009
Legal Description: 015-39050-00 Seminary Pt Lot 63; 015-22510-00 Seminary Pt Lot 63; & 015-39060-00 Seminary Pt Lot 63
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,696 83,568 111,931
Median Age: 25.58 28.41 30.76
Households: 9,460 32,750 44,307


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