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    110 S Washington St Bloomington, IN 47408

    For Sale
    $900,000

    Restaurant/Bar - Bloomington, IN

    Lot size:
    0.06 Acres
    Days on Market:
    272
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 110 S Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    53-05-33-310-011.000-005
    Parking features
    None
    Interior features
    Drywall, None
    Exterior features
    None
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Floors in Building
    2
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Rubber
    Architectural style
    Other

    Century 21 Scheetz (317) 844-5111

    Listing agent Craig Dohman (812) 336-2100 License #RB17001882

    Listing date Mar 10, 2025

    MLS# 202507482 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Bloomington Restaurant/Bar For Sale

    Located on Washington Street in downtown Bloomington, this retail building is positioned between the IU Sample Gates and the downtown Bloomington square. The property is adjacent to a public parking lot and is currently leased to Lotus Garden restaurant through February 2028 for $4305 per month. The property is zoned MD-CS (Mixed-Use Downtown-Courthouse Square). The 0.056-acre lot offers potential for vertical development, such as apartments above the current building. Most of the basement is unoccupied and could be used by a single occupier or an additional tenant. This property is suitable for restaurant and retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Great White Smoke, IU Catering

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.532589
    Latitude
    39.16615

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    FAQs

    What type of property is this?
    Restaurant - Downtown Bloomington restaurant/bar for sale near IU Sample Gates.
    Where is this restaurant located?
    The property is located at 110 S Washington St Bloomington, IN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime downtown location on Washington St. near Kirkwood, between IU Sample Gates and the Bloomington square.; - Currently leased to Lotus Garden restaurant through February 2028, generating $4305/month in income.; - Zoned MD-CS (Mixed-Use Downtown-Courthouse Square) offering flexible usage options.
    (812) 336-2100
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    110 S Washington St Bloomington, IN 47408
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    Bloomington, IN 47408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 S Washington St Bloomington, IN 47408
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