803 Madison St Bloomington, IN 47403
- Specialty properties
- 0.13 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 803 Madison St
- Year built
- 1985
- Lot size
- 0.13 lot acres
- Property type
- Specialty properties
- APN
- 53-01-53-910-000.000-009
- APU
- 530153910000000009
Description
This exceptional 7,000-square-foot commercial building presents a rare opportunity in Bloomington, Indiana. Situated on a sizable 0.38-acre lot at 803 S Madison Street, this property boasts a generous footprint of 70 feet by 100 feet, offering ample space for a variety of commercial uses. The building is fully air-conditioned, ensuring year-round comfort. A significant advantage is the inclusion of a loading dock, simplifying logistics and enhancing operational efficiency. The robust electrical system features heavy power (800 amp, three-phase, 120/208), catering to businesses with substantial power demands. Safety is prioritized with a fully installed wet sprinkler system throughout the building. The open interior design is further enhanced by the absence of interior columns, maximizing usable space and providing flexibility for layout configurations. High ceilings add to the spacious feel, ranging from a peak of approximately 17 feet to an eave height of approximately 15.5 feet, with ductwork at approximately 10.25 feet. The building is in excellent condition, minimizing upfront capital expenditures and allowing for immediate occupancy. This property represents a compelling investment opportunity in a desirable Bloomington location. The combination of size, features, and condition makes this an exceptional offering for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.5372
- Latitude
- 39.1583
- CBSA code
- 14020
- CBSA name
- BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
