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Restaurant with Performance Stage
For Sale
$30,000

107-001 College Avenue, Bloomington, IN 47404

A commercial kitchen and an available 2-way license support food-and-beverage service.

Property Size2,000 SF
Price / SF$15
Days on Market9

Property Features for 107-001 College Avenue

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial
Zoning Bloomington Urban enterprise Zone

Amenities

Stage

Building Details

Year Built 1894
Listing Agency: Bloomington Residential and Commercial
Listed By: Thomas Gallagher · License #RB1406236
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 29 Last Checked: Oct 28 at 11:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bloomington Residential and Commercial

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This restaurant and bar occupies a building constructed in 1894 and offers approximately 2,000 square feet. The interior includes a commercial kitchen and a stage, with a 2-way license available to rent.

The property is in downtown Bloomington’s business district and within the Bloomington Urban Enterprise Zone, which offers incentives. Parking options include street parking and three parking garages.

Key Highlights

  • Approximately 2,000 square feet in a building constructed in 1894
  • Commercial kitchen and stage on site
  • Located in the Bloomington Urban Enterprise Zone

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith Butcher (Bike/Boat/Book/etc) Store Electrical Service Pet Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,948
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47404, IN

23,799
Population
12,101
Households
2
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
52.6 sq mi
ZIP Area
452
Density / Sq Mi
$54,674
Median Household Income
$36,725
Median Earnings
$1,159
Median Rent
$243,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A commercial kitchen and an available 2-way license support food-and-beverage service.
Where is this conventional restaurant located?
The property is located at 107-001 College Avenue Bloomington, IN.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Approximately 2,000 square feet in a building constructed in 1894; Commercial kitchen and stage on site; Located in the Bloomington Urban Enterprise Zone
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