Corner Retail, Service or
901 South Walnut Street Bloomington, IN 47401
901 South Walnut Street, Bloomington, IN, 47401
Contact for pricing
For Sale
Contact for pricing
Pending
Corner storefront opportunity on South Walnut in a Mix Use Corridor, offering visibility with convenient access and parking.
Property Size1,034 SF
Days on Market102
Property Features for 901 South Walnut Street
General Information
- Standard status
- Pending
- Size
- 1,034 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1995
Listing agency
Realty Professionals
(812) 323-1231
Listed by
Jim Regester · License #RB14012351
Source
Crexi
Added: Apr 13 Updated: Jul 21 at 4:48PM Checked: Jul 21 at 4:48PM
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 Realty Professionals
Investment Insights
Based on property information with market context.
This corner commercial property at 901 South Walnut Street presents a versatile storefront setup suitable for retail, showroom, service-oriented uses, or office occupancy. The asset is positioned along Bloomington’s main north-south corridor, with its corner location designed to support visibility and easy access.
The property is located on the southside of downtown Bloomington and is described as being in a “Mix Use Corridor” area. The listing notes convenient parking to support day-to-day customer or client access.
Offered for sale, this is a compact commercial space that may fit owner-operators and small business users looking for a central address and straightforward storefront frontage along a primary thoroughfare.
The property is located on the southside of downtown Bloomington and is described as being in a “Mix Use Corridor” area. The listing notes convenient parking to support day-to-day customer or client access.
Offered for sale, this is a compact commercial space that may fit owner-operators and small business users looking for a central address and straightforward storefront frontage along a primary thoroughfare.
Key Highlights
- Built in 1995 commercial property at 901 South Walnut in Bloomington
- Corner storefront opportunity on South Walnut along Bloomington’s main north‑south corridor
- Zoned Mix Use Corridor
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.7k | $20.04 |
| − Vacancy | −$912 | −$0.88 |
| EGI | $19.8k | $19.16 |
| − OpEx | −$5.9k | −$5.75 |
| NOI | $13.9k | $13.41 |
1,034 SF · lease $20.04/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$198.1K
$173.3K – $231.1K
NOI $13,867 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$202.1K
$176.8K – $235.8K
NOI $14,146 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Corner storefront opportunity on South Walnut in a Mix Use Corridor, offering visibility with convenient access and parking.
Where is this storefront property located?
The property is located at 901 South Walnut Street Bloomington, IN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Built in 1995 commercial property at 901 South Walnut in Bloomington; Corner storefront opportunity on South Walnut along Bloomington’s main north‑south corridor; Zoned Mix Use Corridor
