208-210 Center St Bloomington, IL 61701

Property Details for 208-210 Center St

Year built

1850

Construction

FRAME

Lot size

0.16 lot acres

Property size

9,804 SF

Property type

Commercial real estate

APN

21-04-332-008

APU

2104332008

Description

This exceptional three-story mixed-use building, located at 208-210 N Center Street in the heart of Bloomington, IL, presents a unique investment opportunity. Spanning 17,046 square feet, the property boasts a rich history, having previously housed Osco and more recently, CVS Pharmacy on the ground floor. The upper two floors are currently unfinished, offering significant potential for redevelopment into residential units, apartments, or other suitable uses. The possibilities are vast, allowing for creative design and customization to meet diverse needs. The basement, while unfinished, is notably dry and provides ample storage space, along with existing restrooms and all essential mechanical systems. The current owner is actively undertaking renovations, which will result in adjustments to both the listing price and any potential lease prices as the project progresses. This prime downtown location offers excellent visibility and accessibility, making it an ideal investment for both experienced developers and those seeking a high-return project. The property sits on a lot with no acreage listed, but its central location more than compensates. This is a chance to acquire a substantial building with significant upside potential in a thriving Illinois community. Serious inquiries are encouraged.

Location Insight

City

Bloomington

County

Mclean

State

Illinois

Longitude

-88.995

Latitude

40.4799

CBSA code

14010

CBSA name

BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments