New Construction Downtown Retail

Retail-Commercial for Sale
Catylist Listing ID: 30734099
Property Subtypes: Convenience Store, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Status: Under Construction
Building Size (RSF): 7,200 SF
Gross Land Area: 0.70 Acres
Sale Price: $18.50 - 20 PSF
Total Price: $133,200 - 144,000
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Building Name: 4th Street Garage
Usable Size (USF): 7,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2021

Overview / Comments

***PRICE/SF NOT AVAILABLE YET. CHECK BACK FOR UPDATES! ***

NEW CONSTRUCTION! Street level retail in the new 4th St. garage in downtown Bloomington will be available August of 2021! 4 - 1,800 SF suites available with options for continuous space expansion. Retail spaces will be in white-box condition and ready for new tenants and their build-out needs. All leases shall be NNN.

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 530533310176000005
Zoning: MIXED-USE DOWNTOWN
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: 3rd & 4th St.
Property Visibility: Excellent
Largest Nearby Street: N. Walnut
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2021
Construction/Siding: Concrete
Parking Type: Structure
Parking Description: Parking Garage
Zoning Description: Mixed-Use Downtown
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 013-10840-00 ORIG PLATS 36 & 35 & VAC ALLEY & 34 & VAC ALLEY & N1/2 33

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,954 86,414 113,878
Median Age: 23.98 28.69 30.85
Households: 8,690 33,983 45,040

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