323 E Winslow Rd, Bloomington, IN 47401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.