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    FOR LEASE
    Strip malls

    323 E Winslow Rd, Bloomington, IN 47401

    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US31-1205205
    No photos on file
    For Lease
    $650/Mo
    323 E Winslow Rd, Bloomington, IN 47401
    View Listing →
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 2800 square foot commercial property located at 323 E Winslow Road, Bloomington, Indiana. Currently configured as three separate office suites within Winslow Plaza, this property offers significant flexibility and potential for future growth. Each suite benefits from shared access to a convenient conference room and two half-baths, enhancing the overall functionality and appeal to tenants. A key advantage lies in the non-load-bearing interior walls, allowing for adaptable layouts to suit a variety of business needs. The existing tenants enjoy a shared common area with other Winslow Plaza occupants, providing ample parking, attractive green space, and convenient trash removal services. The property is priced at $455,000, presenting a compelling return on investment for a savvy buyer. The existing lease agreements provide immediate cash flow, while the adaptable interior offers the potential to increase rental income through future renovations or re-leasing. This property is ideally suited for an investor seeking a stable, income-generating asset with significant upside potential in a desirable Bloomington location. The property sits on a 0-acre lot, and the building's square footage is 2800 square feet. This is a rare opportunity to acquire a well-maintained commercial property in a thriving area. The shared amenities and flexible layout make this an attractive option for a variety of businesses and investors. Don't miss this chance to own a piece of Bloomington's commercial landscape.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    APN 53-01-57-113-559.000-009
    UPID US31-1205205
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Winslow Plaza Management LLC · 9 yrs held
    Winslow Plaza Management LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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