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Distress signals
Property profile

116 3Rd St Bloomington, IN 47401

OFF-MARKET
Office Spaces
Property ID
US31-1109068
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Property summary

AI-generated overview

This exceptional 1,587 square foot coworking space is ideally situated in the vibrant heart of downtown Bloomington. The single-tenant occupancy offers complete control and customization for your business needs. Large windows and high ceilings create a bright and airy atmosphere, maximizing natural light and providing a spacious feel. The open floor plan offers unparalleled flexibility, allowing for a variety of layouts to suit diverse coworking configurations or business models. This location benefits from exceptional visibility and high foot traffic, ensuring maximum exposure for your brand. The surrounding area is characterized by a diverse customer base, creating a dynamic and thriving business environment. This is a truly unique opportunity to establish your presence in a highly desirable and accessible downtown location. The property is classified as an office space with a single-tenant lease arrangement, providing stability and control. The ample space allows for creative design and efficient workflow, making it perfect for a range of businesses seeking a collaborative and productive workspace. Don't miss this chance to secure this exceptional downtown Bloomington location.

Property profile

Verified
Property type Office Spaces
UPID US31-1109068

Cap rate & NOI

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

Location

116 3Rd St Bloomington, IN 47401
Bloomington metro
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Value estimations

Realmo proprietary · 4 methods
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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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