531 N Walnut St Bloomington, IN 47404
Property profile & analytics
531 N Walnut St, Bloomington, IN 47404
- Turn key restaurants
- 3,539 SF
- 0.19 lot acres
Property ID
US31-0808824
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 531 N Walnut St
- Year built
- 1977
- Lot size
- 0.19 lot acres
- Property type
- Turn key restaurants
- APN
- 53-05-33-300-025.000-005
- APU
- 530533300025000005
Description
This exceptional 1,832 square foot retail space, situated on bustling North Walnut Street in Bloomington's vibrant northside, presents a fantastic opportunity for a discerning business. Built in 1977, this single-tenant property boasts a spacious, open layout ideal for a variety of retail or restaurant concepts. The existing space includes a fully equipped kitchen featuring a hood vent, perfect for food service establishments. Convenient private parking is available for customers and employees, a significant advantage in a high-traffic area. The property's zoning designation is Downtown Core Downtown Character Overlay, reflecting its prime location within Monroe County's thriving commercial district. The building is a single-story structure, offering easy accessibility and efficient use of space. High visibility on North Walnut Street ensures significant foot traffic and excellent exposure to potential customers. Currently undergoing a thorough cleaning, updated photos will be available shortly. This property represents a rare chance to establish a successful business in a highly desirable location. The single-tenant occupancy provides flexibility and control, making it an attractive investment for both established businesses and new ventures. Don't miss this opportunity to secure a prominent presence in Bloomington's dynamic northside commercial market.
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
- -86.534
- Latitude
- 39.1713
- 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
$3,394
$245,500
$74,500
$320,000
-
$245,500
$74,500
$320,000
