419 Walnut St Bloomington, IN 47404-3842
Property profile & analytics
419 Walnut St Bloomington, IN 47404-3842
- Turn key restaurants
- 8,273 SF
- 0.20 lot acres
Property ID
US31-0435987
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.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 419 Walnut St
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 0.20 lot acres
- Property size
- 8,273 SF
- Property type
- Turn key restaurants
- APN
- 53-05-33-300-045.000-005
- APU
- 530533300045000005
Description
This exceptional 8,273-square-foot single-tenant retail property boasts a prime location in Bloomington's vibrant downtown core, just blocks from the Courthouse Square and Indiana University's campus (48,000 students enrolled in 2024). The building, situated on Walnut Street, features abundant natural light and a wide-open floor plan thanks to its wall-to-wall radius steel truss roof structure with minimal interior columns. A complete renovation in 2017 included a new 30-year rubber roof, updated exterior (doors and windows), five new rooftop HVAC units, new interior ductwork, updated bathrooms, and replacement of all electrical, plumbing, and fire suppression systems. Additional improvements encompass a full kitchen, multiple walk-in coolers, an overhead garage door, and a laundry room. A private office with a full bath and ample storage areas are also included. This historically significant building, last sold in 1986, has hosted legendary musical acts and numerous private events. Its flexible layout offers endless possibilities for various uses, including restaurants, bars, breweries, distilleries, dance clubs, recreation centers, gaming venues, retail spaces, or even offices. Seller financing is available at a below-market interest rate of 5.5%. Blueprints are accessible through a local architectural firm. This is a truly unique opportunity to acquire a piece of Bloomington's history and create a thriving business.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.5339
- Latitude
- 39.1701
- 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
$8,034
$261,400
$496,000
$757,400
-
$261,400
$496,000
$757,400
