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    2210 Cottage Ave Bloomington, IL 61701

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail space available.

    Lot size:
    6,717 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This established Bloomington, IL retail strip center at 2210 Cottage Ave offers 6,717 square feet of space, with 5,517 square feet currently vacant. Located on the corner of Cottage and Hovey Avenues, the property benefits from excellent visibility and ample on-site parking (40 spaces). The building sits on a 29,621 square foot lot, providing significant signage opportunities. Its prime location near the heart of Bloomington's business district, Illinois State University, and Illinois Wesleyan University ensures high traffic and strong potential for retail success. The property is comprised of two units, presenting an opportunity for a single tenant to occupy the majority of the space or for multiple tenants to share the building. This well-maintained property is ready for its next chapter, offering a chance to establish or expand a business in a thriving community. The property's history as a community staple speaks to its enduring appeal and location advantages. This is an exceptional opportunity for businesses seeking a prominent location in a vibrant and accessible area of Bloomington-Normal. The property is located in McLean County.

    Property Features for 2210 Cottage Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,717 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,517 SF

    HighLights

    • Retail strip center totaling 6,717 square feet.
    • 5,517 square feet of vacant space available.
    • Located on a 29,621 square foot lot with 40 parking spaces.
    • Situated in McLean County, Illinois.
    • Two units available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Highland Pure water ... Ice Supplier Little Caesars Pizza Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -89.011090905164
    Latitude
    40.501227408214

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    FAQs

    What type of property is this?
    Neighborhood center - High-visibility retail space available.
    Where is this neighborhood center located?
    The property is located at 2210 Cottage Ave Bloomington, IL.
    What are key features of this property?
    This property features: Retail strip center totaling 6,717 square feet.; 5,517 square feet of vacant space available.; Located on a 29,621 square foot lot with 40 parking spaces.
    Request Owner's contact information
    2210 Cottage Ave Bloomington, IL 61701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2210 Cottage Ave Bloomington, IL 61701
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