116 3Rd St Bloomington, IN 47401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.