Office Investment - Bloomington, IN
Office
for Sale
| Catylist Listing ID: |
30681681 |
| Property Subtypes: |
Business Park, Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Net Leased, Office Building, Research & Development, Other
|
| Building Size (RSF): |
12,000 SF
|
| Gross Land Area: |
0.72 Acres
|
| Sale Price: |
$1,068,773 |
| Unit Price: |
$89.06 PSF |
| Ceiling: |
20 ft. |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Westbury Village 3110 |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/20/2023 |
Overview / Comments
|
Fully leased two story office building with warehouse. Main level is set up with 10 private offices all with natural light, reception/waiting area, public restroom, and kitchenette. Lower level has several private rooms and large open area perfect for cubicles, storage, and allows for space for group meetings. Warehouse section has a tall ceiling and overhead door, allowing for tall stacking and driving in a box truck. Leases run through mid 2023. Excellent multi-tenant investment.
|
Additional Details
| Nearest MSA: |
Bloomington |
| County: |
Monroe |
| Tax ID/APN: |
53-05-20-300-039.001-004 |
| Zoning: |
GENERAL BUSINESS |
| Property Visibility: |
Excellent |
| Highway Access: |
HW 37/ I 69 |
| Airports: |
Monroe County/Indianapolis |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1973 |
| Year Renovated: |
2014 |
| Roof Type: |
Hip |
| Construction/Siding: |
Stone, Wood Frame, Wood Siding |
| Exterior Description: |
Block, metal, Wood |
| Parking Type: |
Surface |
| Parking Description: |
Ample parking around the building |
| Total Parking Spaces: |
30 |
| Sprinklers: |
Dry |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Zoning Description: |
General Business |
| Lot Frontage: |
75 |
| Lot Depth: |
200 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
| Legal Description: |
012-06940-00 Westbury Village Lot 2
|
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,865 |
61,303 |
109,592 |
| Median Age: |
29.8 |
27.87 |
30.42 |
| Households: |
1,749 |
21,527 |
43,466 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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