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Versatile Commercial Space on Empire
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1316 E Empire St, Bloomington, IL 61701

2,600 SF commercial space with high traffic visibility.

Space Size2,600 SF
Property Size12,027 SF
Days on Market831

Property Features for 1316 E Empire St

General Information

Standard status Active
Size 2,600 SF
Class C
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 12,027 SF
Tenancy Single

Spaces For Lease

at 1316 E Empire St Contact us

Available Space

Size
2,600 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: SVN Core 3
Listed By: Carrie Tinucci-Troll · License #IL475166842
Source: Crexi
Added: May 14, 2024 Changed: Aug 8 Last Checked: Aug 19 at 7:15AM

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 2,600 square foot commercial space offers leasing opportunities with visibility on Empire Street. Previously used as a school, the main floor has been divided into two units. The East suite features several large open areas, along with private rooms. The location benefits from over 105,000 vehicle impressions per week along Empire/Route 9. The space can be transformed to meet various needs.

Key Highlights

  • High visibility location with over 105,000 vehicle impressions per week.
  • 2,600 SF space divisible into two units.
  • East suite offers several large open areas.

Property Analytics

Current Use

L•U•S•H on Empire Hair Salon Escapetown Bloomington - Escape ... Arcade & Gaming Center McLean County Dance ... Training Center Delta Community Co Atm DNDC Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Storage Facility

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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby

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

Lease Benchmarks for Bloomington, IL

$18.11 /SF/Yr
Avg Asking Price
$13.5–$25 /SF/Yr
Price Range
8,227 SF
Avg Space Size

This space is priced 45% below the average of $18.11 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 2,600 SF commercial space with high traffic visibility.
Where is this office units located?
The property is located at 1316 E Empire St Bloomington, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: High visibility location with over 105,000 vehicle impressions per week.; 2,600 SF space divisible into two units.; East suite offers several large open areas.
(331) 452-6860 Call to check price and availability
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