Downtown Office/Retail

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30755286
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending/Contingent
Building Size (RSF): 6,624 SF
Gross Land Area: 0.20 Acres
Sale Price: $2,295,000
Unit Price: $346.47 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 6,624 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2021

Overview / Comments

Located on busy Kirkwood Ave., this 1960's, limestone office/bank building is ideal for street level retail and second level condo/apartment redevelopment.

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 53-05-33-310-227.000-005
Zoning: MIXED-USE DOWNTOWN
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: S. Washington and E. Kirkwood
Property Visibility: Excellent
Largest Nearby Street: E. Kirkwood
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,300 SF
Property Condition: Good
Year Built: 1980
Roof Type: Flat
Construction/Siding: Stone
Exterior Description: Limestone
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: Private, paved lot
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Mixed-Use Downtown
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 013-03820-00 ORIGINAL PLAT 120

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,563 87,180 115,360
Median Age: 23.68 28.69 31.01
Households: 7,619 34,420 45,661

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