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Property profile & analytics

409 S Walnut St Bloomington, IN 47401

  • Turn key restaurants
  • 7,536 SF
  • 0.40 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1075917
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 409 S Walnut St

Year built
1950
Construction
WOOD
Lot size
0.40 lot acres
Property size
7,536 SF
Property type
Turn key restaurants
APN
53-08-04-200-089.000-009
APU
530804200089000009

Description

This exceptional 7,536 square foot retail property, located at 409 S Walnut St in Bloomington, Indiana, presents a unique investment opportunity. Built in 1950, the single-tenant building sits on a generous 17,424 square foot lot, providing ample space for customer parking and potential expansion. The property boasts 27 parking spaces, ensuring convenient access for patrons. The zoning designation is MD-DC, offering flexibility for a variety of retail uses. The building's substantial size and prime location in Bloomington, IN 47401 (39.1624862, -86.5332421) make it an ideal space for a variety of businesses seeking high visibility and accessibility. The property's single-tenant occupancy simplifies management and provides a stable income stream. Its classic design offers a blank canvas for a modern renovation or can be utilized as-is, depending on the tenant's needs. The substantial lot size also presents opportunities for future development or expansion. This property is well-suited for a business seeking a strong presence in a thriving Bloomington community. Serious inquiries are encouraged to explore the potential of this exceptional retail space. The property is ready for immediate occupancy.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bloomington
County
Monroe
State
Indiana
Longitude
-86.5333
Latitude
39.1624
CBSA code
14020
CBSA name
BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,676
$348,500
$628,600
$977,100
-
$348,500
$628,600
$977,100
More about this property
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