Multi-Parcel Investment

Retail-Commercial for Sale
Catylist Listing ID: 30748879
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 5,752 SF
Gross Land Area: 0.38 Acres
Sale Price: $949,900
Unit Price: $165.14 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Multi-parcel & building investment on S.​ Rogers available for sale.​ 2308/2310 S.​ Rogers: (Duplex) 1,472 SF Total, $650/Month/Unit.​ Tenant pays gas & electric.​ 2312 S Rogers: (Retail & Apartments) Retail is currently a beauty shop.​ $1,450/month NNN ($12/SF), 1400 SF.​ Second level contains 2 apartments, 660 SF/Each $725/Month/Unit.​ Tenant pays electric.​ Landlord pays for water.​ 2314 S.​ Rogers: (Rental House) 780 SF, $800/Month.​ Tenant pays all utilities and lawn care.​ All parcels are sold together an cannot be subdivided.​

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 530808403050000009
Zoning: R-2
Retail Clientele: General, Family, Business, Traveler, Other
Largest Nearby Street: S. Rogers St.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Good
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: R-2/Residential Medium Scale
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 53-08-08-403-050.000-009 53-08-08-403-159.000-009 53-08-08-403-184.000-009

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,597 88,871 105,691
Median Age: 29.71 28.76 30.33
Households: 7,393 34,791 41,764

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