Property profile

118 Walnut St Bloomington, IN 47404

OFF-MARKET
Retail properties & Spaces
Property ID
US31-0277952
10,138 SF Built 1985
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Property summary

AI-generated overview

This exceptional retail property, located at 118 N Walnut St in Bloomington, Indiana, presents a unique opportunity. The building, constructed in 1985 and extensively renovated in 2018, boasts a total of 10,138 square feet across three stories. Currently, a single, 2,800 square foot space is available for lease, ideal for a variety of retail uses, such as a coffee shop or clothing store, as indicated by the zoning. The property features two offices and a large open area, making it highly adaptable to different business needs. A significant advantage is the presence of a grease intercept, a valuable asset for food-related businesses. Parking is primarily public, with one designated parking space located behind the building for the tenant's use. The property is situated in the heart of Bloomington's Courthouse Square Downtown Character Overlay zone, ensuring a vibrant and high-traffic location. This is a rare chance to secure a well-maintained, centrally located retail space in a thriving Indiana community. The building consists of one structure with a single suite. The zip code is 47404, and the property is in Monroe County.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1985
Total area 10,138 SF
UPID US31-0277952

Cap rate & NOI

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

Location

118 Walnut St Bloomington, IN 47404
Bloomington metro
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Value estimations

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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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