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Multi-Tenant Distribution Warehouse
For Sale
$14,000,000

2402 East Empire Street, Bloomington, IL 61704

Multi-tenant industrial distribution facility with 16 dock-high doors, 2 drive-in doors, and substantial office buildout.

Property Size223,634 SF
Lot Size13.30 Acres
Price / SF$62.22
Days on Market97

Property Features for 2402 East Empire Street

General Information

Standard status Active
Size 223,634 SF
Total Parking Spaces 450
Lot size 13.30 Acres
Property subtype Industrial - Warehouse/Distribution
Occupancy 100%

Warehouse & Industrial

Clear Height 26 ft
Dock-High Doors 16
Drive-In Doors 2

Additional Details

Highway Access Yes

Building Details

Building Size 223,634 SF
Year Built 1985
Year Renovated 2009
Units 3
Construction masonry and precast concrete
Tenancy Multi
Listing Agency: SVN | Core 3
Listed By: Jill Spratt · License #471022624
Source: Commercialcafe
Added: May 14 Changed: Aug 14 Last Checked: Aug 17 at 6:50AM

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.

Located on the corner of East Empire (Route 9) and Eastport, this multi-tenant industrial distribution facility offers access and visibility along Empire Street. The property is positioned near major transportation corridors, with proximity to I-55, I-74, and I-39, as well as the Central Illinois Regional Airport.

The masonry and precast concrete building was constructed in 1985 and substantially renovated in 2009. It features clear heights ranging from 18.5 to 26 feet, 16 dock-high doors, and 2 drive-in doors, with approximately 15% office finish. The site includes ample surface parking and supports truck circulation with future flexibility.

As a for-sale investment, the facility is 100% occupied by three professional tenants operating primarily under net leases. Reported capital improvements include a TPO roof overlay in 2018 and 2020, and the leases include contractual annual rent escalations.

Key Highlights

  • Multi‑tenant industrial distribution facility on a 13.30‑acre site at 2402 E. Empire St (Route 9) near Eastport in Bloomington, IL
  • Built in 1985 and substantially renovated in 2009 with masonry and precast concrete construction
  • Warehouse height of 18.5' to 26' clear plus 16 dock‑high doors and 2 drive‑in doors

Property Analytics

Current Use

Zentech Industrial Manufacturer ABC Supply Co. ... Big Box & Wholesale Store Contec Warehouse & Storage

Suggested Use

Top Pick HVAC Service Bakery Pharmacy Storage Facility Law Firm Barber Shop

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

Lease Details

26 ft
Clear height
16
Dock-high doors
2
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby

Demographics for 61704, IL

37,129
Population
16,529
Households
2.2
Avg Household Size
38
Median Age
58%
College-Educated
97%
High-School Grad
19.0 sq mi
ZIP Area
1,954
Density / Sq Mi
$93,107
Median Household Income
$59,072
Median Earnings
$1,094
Median Rent
$242,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Multi-tenant industrial distribution facility with 16 dock-high doors, 2 drive-in doors, and substantial office buildout.
Where is this distribution center located?
The property is located at 2402 East Empire Street Bloomington, IL.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: Multi‑tenant industrial distribution facility on a 13.30‑acre site at 2402 E. Empire St (Route 9) near Eastport in Bloomington, IL; Built in 1985 and substantially renovated in 2009 with masonry and precast concrete construction; Warehouse height of 18.5' to 26' clear plus 16 dock‑high doors and 2 drive‑in doors
More about this property
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