54,429 SF Commercial Property
For Sale
Contact for pricing
Pending
1206 Towanda Ave, Bloomington, IL 61701
Commercial property featuring retail spaces, coffee kiosk, and Dollar General.
Property Size54,429 SF
Days on Market116
Property Features for 1206 Towanda Ave
General Information
Standard status
Pending
Size
54,429 SF
Property subtype
RETAIL
Listing Agency:
SVN | Core 3
(217) 722-3584
Listed By:
Jill Spratt · License #IL475166842
(217) 722-3584
Source:
Moodyscre
Added: May 4
Changed: Aug 8
Last Checked: Aug 26 at 3:28PM
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 SVN | Core 3
Investment Insights
Based on property information with market context.
This commercial property encompasses 54,429 square feet and includes a former post office, barber shop, and Dollar General. A 307 square foot coffee kiosk is also located on the premises. The Dollar General has a NNN leasehold through February 28, 2025, with a renewal option. The property benefits from high visibility and ample parking. It is located within a Tax Increment Financing District and is zoned B-1 General Commercial District.
Key Highlights
- Dollar General NNN lease through February 2025 with renewal option.
- 54,429 SF former Post Office, Barber Shop, and Dollar General space.
- Located in a Tax Increment Financing District.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Apparel 7%
Dollar General
Shops & Services
5,643 visits/mo
0.3 miles
Regions Bank
Shops & Services
2,098 visits/mo
0.2 miles
Red Wing
Apparel
602 visits/mo
0.1 miles
Demographics for 61701, IL
34,497
Population
18,038
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,136
Density / Sq Mi
$55,882
Median Household Income
$37,674
Median Earnings
$873
Median Rent
$138,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial property featuring retail spaces, coffee kiosk, and Dollar General.
Where is this retail space located?
The property is located at 1206 Towanda Ave Bloomington, IL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Dollar General NNN lease through February 2025 with renewal option.; 54,429 SF former Post Office, Barber Shop, and Dollar General space.; Located in a Tax Increment Financing District.
