90,000 S.F. Office Building

Office for Sale
Catylist Listing ID: 30803559
Property Subtypes: Office Building
Building Size (RSF): 90,000 SF
Gross Building Area: See Agent
Gross Land Area: 5.21 Acres
Sale Price: $3,200,000
Unit Price: $35.56 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/1/2022

Overview / Comments

A total of 90,000 SQ FT over two levels, and the former home of North American Headquarters Otis Elevator, 1331 S. Curry Pike offers an extremely versatile solution for the establishment or continued growth of business in a variety of industries. The current layout, featuring both open spaces and numerous offices makes this property well suited for general office use, however, climate control throughout also allows the possibility for other uses such as tech/light industrial. Currently the entire main level (45,000 SF) plus a portion of the lower level are leased through the end of 2025 with options to extend. However, Landlord has an option for early termination.

Inside, large open areas throughout which could be used as cubicle or collaborative space, are anchored by enclosed offices and conference rooms around the building's perimeter. Move in ready finishes and a large parking lot of nearly 300 spaces round out an impressive list of features.

Just minutes from 3 state highways and I-69, 1331 S. Curry Pike boasts an excellent location allowing for easy access to Monroe County and the surrounding region. The property also enjoys proximity to the West side's ever expanding selection of restaurants, shopping, and consumer destinations. Contact Jim Regester of RE/MAX Realty Professionals for more information and assistance.

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 53-01-61-955-002.000-015
Zoning: INDUSTRIAL
Market Type: Rural
Road Type: Paved
Property Visibility: Excellent
Transportation: Bus, Highway, Taxi
Highway Access: SR-37 and I-69
Airports: Indianapolis International and Bloomington Regional
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1964
Roof Type: Flat
Construction/Siding: Stone
Exterior Description: Limestone
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 016-19550-02 PT SE 1-8-2W 5.21A PLAT 197

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,790 46,666 99,555
Median Age: 30.16 29.74 30.08
Households: 3,069 21,490 38,966

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