Multi-Parcel Sale

Retail-Commercial for Sale
Catylist Listing ID: 30708046
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Vehicle Related
Building Size (RSF): 5,900 SF
Gross Land Area: 1.08 Acres
Sale Price: $995,000
Unit Price: $168.64 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Hoosier Body Shop
Usable Size (USF): 5,680 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Two parcel sale, one parcel zoned for commercial, the other zoned for residential. Commercial plat includes 4,444 SF building on .56 acres featuring 2offices, Quonset area, prep bay, frame room, compression room, and paint shop for vehicle maintenance. Also on property is a 1,500 SF shed. Commercial lot also features ample, gravel parking lot. Residential lot is raw land with timber adjacent to N. Martha St. Access N. Martha from the 45/46 bypass. Business assets included in the sale.

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 530528200031000005
Retail Clientele: General, Family, Other
Property Visibility: Excellent
Largest Nearby Street: N. Walnut St.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1954
Roof Type: Other
Construction/Siding: Other
Parking Type: Surface
Parking Description: Private, gravel parking lot.
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Window Unit
Zoning Description: Mixed-Use Corridor
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT NW 28-9-1W .56A (Commercial Lot) MATLOCK HEIGHTS PT LOT 28 (Residential Lot)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,596 69,627 110,171
Median Age: 22.76 27.32 30.6
Households: 3,782 26,485 43,729


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