403 N Walnut St Bloomington, IN 47401
- Bars
- 4,746 SF
- 0.33 lot acres
Current Use by Public Records
- Bars
Property Details for 403 N Walnut St
- Year built
- 1870
- Lot size
- 0.33 lot acres
- Property size
- 4,746 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 53-05-33-300-052.000-005
Description
This exceptional downtown Bloomington property presents a rare opportunity to acquire a thriving, turnkey restaurant and event space. Located at 403 N. Walnut St., this meticulously maintained establishment boasts 4,746 square feet of net rentable space within two buildings, spanning two stories. Built in 1870 and extensively renovated in 2013, the property seamlessly blends historic authenticity with modern functionality. The sale includes all restaurant equipment and a vast inventory of personal property, encompassing tables, chairs, plates, and more. The property sits on a 0.33-acre lot and is zoned MD-DC, allowing for versatile usage. The building features a significant patio area, adding approximately 1,890 square feet of outdoor space. This owner-user investment opportunity is priced at $1,450,000, with a price per square foot of $305.52. A separate three-way liquor license is available for an additional $285,000. The property is currently occupied, with an occupancy date of June 30, 2024. A comprehensive offering package is available upon request, providing detailed information on this unique and highly desirable commercial property. This is a chance to own a piece of Bloomington's vibrant downtown scene, combining a successful business with a rich historical legacy.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.533582009248
- Latitude
- 39.169539393233
