Property profile

1316 Empire St Bloomington, IL 61701

OFF-MARKET
Office Spaces
12,027 SF
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Property summary

AI-generated overview

This exceptional 2,600 square foot office space is located at 1316 E Empire St, Bloomington, IL 61701, offering high visibility along Route 9. Part of a larger 12,027 square foot building, this single-tenant space is situated on the main floor of a two-story Class C building. Previously used as a school, the space has been thoughtfully divided into two units, with the East suite featuring several large open areas ideal for collaborative work and a few private rooms for focused tasks. The layout provides flexibility for a variety of business needs, allowing tenants to customize the space to perfectly match their requirements. This property boasts excellent accessibility and benefits from over 105,000 vehicle impressions per week, ensuring significant exposure for your business. The building does not have elevators. This is a fantastic opportunity to establish a presence in a high-traffic area with a unique and adaptable workspace. The space is ready for immediate occupancy.

Property profile

Verified
Property type Office Spaces
Total area 12,027 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Arcade & Gaming Center
  • Training Center
  • Atm
  • Telecommunications Service Business Service Center

Location

1316 Empire St Bloomington, IL 61701
Bloomington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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