1011-1015 Lafayette StBloomington, IL 61701

For Sale
$1,200,000

21,762 SF Flex Space, $1.2M

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Bloomington, Illinois industrial property presents a unique investment opportunity. Comprising two buildings totaling 21,762 square feet on a 3.6-acre lot, this Class B flex space is zoned M-1 (Restricted Manufacturing). The main building boasts 15,067 square feet of warehouse space and 4,535 square feet of office area. A secondary pole building adds another 2,160 square feet. The property features four 10-foot dock high doors and two loading docks, ensuring efficient material handling. Significant recent improvements include a new $400,000 roof installed in 2023. The property benefits from 3-phase electric service, a fully sprinklered system, energy-efficient LED lighting, and seven rooftop HVAC units providing climate control throughout. The space is heated and cooled, and ample parking is available. The property's previous use as a commercial laundry for medical linens is reflected in existing laundry equipment, which is available for purchase or removal. A filtered drain system is also in place. The property's address is 1011-1015 E. Lafayette St, Bloomington, IL 61701, with McLean County APN 21-10-351-049. This versatile property is ideal for a variety of industrial and flex uses.

Highlights

  • $1,200,000 asking price for this 21,762 SF industrial flex property.
  • Located at 1011-1015 E. Lafayette St, Bloomington, IL 61701, on a 3.6-acre lot.
  • Features two buildings totaling 21,762 square feet, including 15,067 SF warehouse and 4,535 SF office space, plus a 2,160 SF pole building.
  • Class B industrial building, built in the 1970s (approx.), with one story and M-1 (Restricted Manufacturing) zoning.
  • Property includes 2 loading docks, 4 dock-high doors, a new roof (2023), 3-phase electric, a sprinkler system, LED lighting, and 7 rooftop HVAC units.

Property Details for 1011-1015 Lafayette St

Property type
Other industrial properties, Flex space
Square Feet
21,762 SF
Class
B
Year Built
1970
Buildings
2
Stories
1
Lot Size (sq. ft)
156,816 SF

Location Insight

City
Bloomington
County
McLean
State
Illinois
Latitude
40.462821
Longitude
-88.978587
1011-1015 Lafayette St, Bloomington, Illinois
Leaflet | © OpenStreetMap contributors

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1011-1015 Lafayette St
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