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1209 Towanda Ave Bloomington, IL 61701

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Retail property with existing tenants and redevelopment potential.

Type:Retail
Property size:
54,429 SF
Price / SF:
$47/SF
Added:
Nov 1, 2024
Days on Market:
538
Last Refresh:
Mar 17 at 1:14 pm

Property Features for 1209 Towanda Ave

General Information

Standard status
Active
Size
54,429 SF
Property subtype
Retail

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Listing Contact
Jill Spratt
Jill Spratt

Listing agent Jill Spratt License #471.022624

Listing office SVN Core 3

Listing date Nov 1, 2024

Source Crexi

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


Overview

Former Post Office Retail Space

The property, formerly a post office building, currently houses a Dollar General, a barber shop, and a coffee shop kiosk. The former post office space comprises 37,700 square feet and is currently vacant. Dollar General occupies 15,088 square feet with a lease extending through February 2025, including an extension option. The barber shop and coffee kiosk operate on month-to-month leases, occupying 512 and 350 square feet, respectively. The property benefits from ample parking and visibility on Towanda Avenue. The entire property is located within a Tax Increment Financing (TIF) District. The total property size is 54,429 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bloom's Coffee Bar Cafe & Coffee Shop Dollar General Discount Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bloomington
County
McLean
State
Illinois
Longitude
-88.96691
Latitude
40.4895841

FAQs

What type of property is this?
Retail space - Retail property with existing tenants and redevelopment potential.
Where is this retail space located?
The property is located at 1209 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: Large Vacant Space: 37,700 sq. ft. former post office space available for immediate use.; Income‑Generating Tenant: Dollar General occupies 15,088 sq. ft. with a lease through Feb. 2025 and an extension option.; High Visibility on Towanda Ave.
(217) 722-3584 Call to check price and availability
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