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    OFF-MARKET
    Retail space

    118 Walnut St, Bloomington, IN 47404

    10,138 SF Built 1985
    Property ID
    US31-0277952
    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 space
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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