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    1602 W 3Rd St, Unit E Bloomington, IN 47404

    For Sale
    $199,000

    Office - Bloomington, IN

    Type:Office
    Days on Market:
    295
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1602 W 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 1, Kitchen, Office
    Bathrooms
    1
    APN
    53-01-30-562-007.000-005
    Interior features
    Drywall, 110 Volts
    Exterior features
    110 Volts

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1992
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    FC Tucker/Bloomington REALTORS (812) 336-7300 [email protected]

    Listing agent John West (812) 336-7300 License #RB14012678

    Listing date Feb 14, 2025

    MLS# 202406542 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

    Finished Office Space with Conference Room

    This nicely finished office space features a large conference room, a private office, a kitchenette, a half bath, and a large entry/clerical area. The office is part of an office condo complex with a Homeowner's Association (HOA). The HOA fees are $366 per month. The property is located in Bloomington, Indiana, within Monroe County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.553569
    Latitude
    39.164771

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    FAQs

    What type of property is this?
    Office space - Nicely finished office condo with conference room and kitchenette for sale.
    Where is this office space located?
    The property is located at 1602 W 3Rd St, Unit E Bloomington, IN.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Large conference room for meetings and presentations; - Private office, ideal for focused work; - Kitchenette offers convenience for breaks and meals
    (812) 336-7300
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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
    1602 W 3Rd St, Unit E Bloomington, IN 47404
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