Downtown Bloomington Retail
For Lease
Contact for pricing
305 N Main St, Bloomington, IL 61701
Retail space in a vibrant, historic downtown area.
Space Size9,155 SF
Days on Market1331
Property Features for 305 N Main St
General Information
Standard status
Active
Size
9,155 SF
Class
B
Property subtype
Retail, Office, Restaurant
Lease Type
Net
Building Details
Building Size
9,155 SF
Year Built
1939
Tenancy
Single
Spaces For Lease
at 305 N Main St Contact us- Size
- 9,155 SF
- Type
- Retail
- Lease Type
- Net
- Availability
- Active
305
Listing Agency:
Road Runner Consulting
Listed By:
Michael McFarland · License #IL 471.018307
Source:
Crexi
Added: Jan 13, 2023
Changed: Aug 31
Last Checked: Sep 4 at 5:14PM
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 Road Runner Consulting
Investment Insights
Based on property information with market context.
Located in downtown Bloomington, this retail space offers an opportunity to be part of a vibrant mix of shops, restaurants, and entertainment venues, all within a setting of historic architecture. The area has a population of approximately 78,800 as of 2022, with a median age of 35.9 years. The racial makeup is predominantly White (Non-Hispanic) at 72.7%, followed by Black or African American (Non-Hispanic) at 9.3%, and Asian (Non-Hispanic) at 8.1%. The foreign-born population accounts for 10.1% of residents, and 93.8% are US citizens. Economically, the median household income is $73,119 as of 2022, with a poverty rate of 12.9% and an unemployment rate of 4.2% as of August 2024. Education is a significant factor, with 38.1% of residents holding a bachelor's degree or higher. Bloomington is part of the Bloomington-Normal metropolitan area, with a total population of roughly 171,000. The cost of living is generally lower than the national average, especially in housing. Major industries in the area include education, healthcare, manufacturing, and government. The median home value is $165,500, and the homeownership rate is 64.1%. Bloomington-Normal is a significant college town, influencing the local economy and demographics as home to Illinois Wesleyan University and Illinois State University.
Key Highlights
- Lower than national average cost of living, especially in housing.
- Median home value of $165,500.**
- Located in downtown Bloomington, offering unique shops, restaurants, and entertainment.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.96 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,475
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 34%
Huck's
Shops & Services
12,574 visits/mo
0.2 miles
Denny's
Dining
5,183 visits/mo
0.5 miles
Jimmy John's
Dining
4,369 visits/mo
0.5 miles
PNC Bank
Shops & Services
3,968 visits/mo
0.3 miles
Starcrest Cleaners
Shops & Services
1,862 visits/mo
0.5 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
Lease Benchmarks for Bloomington, IL
$18.38 /SF/Yr
Avg Asking Price
$13.5–$25 /SF/Yr
Price Range
6,668 SF
Avg Space Size
This space is priced 7% above the average of $18.38 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in a vibrant, historic downtown area.
Where is this retail space located?
The property is located at 305 N Main St Bloomington, IL.
What is the lease rate?
The lease rate is $19.75 SF/Yr.
What are key features of this property?
This property features: Lower than national average cost of living, especially in housing.; Median home value of $165,500.**; Located in downtown Bloomington, offering unique shops, restaurants, and entertainment.
