Downtown Development Lot

Vacant Land for Sale
Catylist Listing ID: 30801128
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 0.90 Acres
Sale Price: $1,395,000
Unit Price: $1,550,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/8/2023

Overview / Comments

Premium redevelopment lot adjacent to busy N. College Ave. and overlooking Shower's Park. Location is in a downtown area that is seeing major development with new student housing, hotels, and retail. Location is in close proximity to IU Bloomington's campus and sports area.

Additional Details

Nearest MSA: Bloomington
County: Monroe
Tax ID/APN: 53-05-28-300-054.000-005
Zoning: MIXED-USE CORRIDOR
Property Located Between: SR45/46 & 17th St
Property Visibility: Excellent
Legal Description: 013-27550-00 BUILDING ON LAND LEASED FROM; ANDERSON, RHEA ( PT SW 28-9-1W )
Largest Nearby Street: N College Ave.
Zoning Description: Mixed-Use Corridor
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,880 74,340 111,184
Median Age: 22.25 27.57 30.6
Households: 6,826 28,651 44,097
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