1351 College Mall Rd Bloomington, IN 47401-6175
This exceptional commercial property, a former AMC Theater, presents a unique opportunity for retail development or redevelopment in Monroe County. The entire building, totaling 35,267 square feet, is currently vacant and available for lease. The property features two large, contiguous spaces, offering significant flexibility for a variety of retail uses. The expansive layout allows for creative design and configuration to suit diverse business needs. The substantial lot size of 7.83 acres provides ample parking and potential for future expansion or outdoor amenities. The property's high visibility and prominent location within Monroe County offer excellent exposure to a large customer base. Its previous use as a successful entertainment venue suggests strong potential for attracting significant foot traffic and generating substantial revenue. This is an ideal opportunity for a single large tenant or multiple smaller tenants seeking a high-impact location with significant square footage. The property's size and location make it suitable for a wide range of retail concepts, from large-format stores to smaller boutique shops. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space. The property is ready for immediate occupancy, offering a blank canvas for a visionary entrepreneur or established business seeking to expand its reach. The ample land provides significant potential for future development and customization. This is a rare opportunity to acquire a substantial retail property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.