Bar and Pub Space with Brick
New
For Sale
$506,532
108 E 6th Street, Bloomington, IN 47408
The layout pairs a compact kitchen with dining and bar areas, plus lower-level storage.
Property Size2,483 SF
Price / SF$204
Days on Market4
Property Features for 108 E 6th Street
General Information
Standard status
Active
Size
2,483 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
FC Tucker/Bloomington REALTORS
Listed By:
John West · License #RB14012678
(812) 322-1983
Source:
Jmrealtyonline
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:30PM
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 FC Tucker/Bloomington REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,483-square-foot bar and pub space dates to 1900 and offers a dining room and bar across approximately 72% of the premises. A compact kitchen supports the layout, while two restrooms serve the space. Brick finishes, hardwood flooring and ceilings exceeding 13 feet give the dining area an open interior character. A glass storefront brings natural light inside, and additional storage is located on the lower level.
The property is offered for sale with possession negotiable. The lease structure is NNN.
The property is offered for sale with possession negotiable. The lease structure is NNN.
Key Highlights
- 2,483 SF bar and dining space
- Approximately 72% of the premises is dining room and bar
- Two restrooms and a compact kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,113
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,260
$642.3K
Cap Rate 7%
$458,757
$458.8K
Cap Rate 9%
$356,811
$356.8K
Market Conditions
NOI Build-Up for 2,483 SF
Gross rent
$44.7K $18.00/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$42.8K $17.24/SF
− OpEx
−$10.7K −$4.31/SF
NOI
$32.1K $12.93/SF
Area
Monroe County, IN
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,260
Cap Rate 7%
$458,757
Cap Rate 9%
$356,811
Alternative Uses
Best Use
Specialty Retail
$458.8K
$401.4K – $535.2K
NOI $32,113 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$485.3K
$424.6K – $566.2K
NOI $33,969 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,948
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47408, IN
22,917
Population
10,456
Households
2.2
Avg Household Size
28
Median Age
59%
College-Educated
98%
High-School Grad
64.4 sq mi
ZIP Area
356
Density / Sq Mi
$45,584
Median Household Income
$15,819
Median Earnings
$1,177
Median Rent
$304,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Dimensions Gallery - Art Gallery, Venue, & Flex Space by Artisan Alley — 222 W 2nd St, Bloomington, IN 47403
- Matuto — 511 W 4th St, Bloomington, IN 47404
- PopKorn Kernels With a Twist — 122 S College Ave, Bloomington, IN 47404
- Atlas Ballroom — 209 S College Ave, Bloomington, IN 47404
- Serendipity Martini Bar — 201 S College Ave, Bloomington, IN 47404
Frequently Asked Questions
What type of property is this?
Bar & Pub - The layout pairs a compact kitchen with dining and bar areas, plus lower-level storage.
Where is this bar & pub located?
The property is located at 108 E 6th Street Bloomington, IN.
What is the asking price?
The asking price for this property is $506,532.
What are key features of this property?
This property features: 2,483 SF bar and dining space; Approximately 72% of the premises is dining room and bar; Two restrooms and a compact kitchen
