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    604 Locust St Bloomington, IL 61701

    Sponsored
    For Lease
    Contact for pricing

    High-visibility storefront, ample parking.

    Lot size:
    6,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6,960 square foot retail property, located at 604 E Locust St in Bloomington, Illinois, presents a prime leasing opportunity. Currently, 5,460 square feet are available within this multi-tenant building situated on a 0.72-acre lot. The property boasts 42 parking spaces, ensuring convenient access for customers and employees. The building's design features expansive storefront windows, maximizing natural light and providing excellent visibility from the street. The interior offers a versatile layout, adaptable to a variety of retail or commercial uses, allowing for customization to meet specific business needs. The modern amenities and professional exterior create an inviting and dynamic environment. This location in McLean County, Illinois (zip code 61701), offers businesses a strategic position to reach a substantial customer base. The property's efficient floor plan and prominent location make it an ideal choice for businesses seeking a high-impact space to showcase their products and services. The property is easily accessible and benefits from high traffic volume in a thriving commercial area. Don't miss this chance to secure a prominent retail space in a desirable Bloomington location.

    Property Features for 604 Locust St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,960 SF

    Unit(s) available at that property

    Space
    Unit Number A
    Size
    5,460 SF

    HighLights

    • 6,960 SF retail space available in Bloomington, IL, with 5,460 SF currently available for lease.
    • 42 parking spaces on a 0.72‑acre lot.
    • Versatile layout adaptable to various retail or commercial uses.
    • Customizable interiors to meet specific business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marco's Pizza Pizza Restaurant Highland Pure Water ... Ice Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    McLean
    State
    Illinois
    Longitude
    -88.9840504
    Latitude
    40.4850898

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    FAQs

    What type of property is this?
    Retail property - High-visibility storefront, ample parking.
    Where is this retail property located?
    The property is located at 604 Locust St Bloomington, IL.
    What are key features of this property?
    This property features: 6,960 SF retail space available in Bloomington, IL, with 5,460 SF currently available for lease.; 42 parking spaces on a 0.72-acre lot.; Versatile layout adaptable to various retail or commercial uses.
    Request Owner's contact information
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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
    604 Locust St Bloomington, IL 61701
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