535 Walnut St Bloomington, IN 47401-4615
This exceptional 2,287 square foot retail space is ideally situated at 535 S Walnut St in Bloomington, Indiana, within Monroe County (zip code 47401). The property is a single-tenant building, perfectly suited for a fast food restaurant or similar establishment. Its convenient location offers high visibility and accessibility for customers. The building's total square footage is 2,287 square feet, providing ample space for operations and potential expansion. The property type is classified as retail, specifically catering to fast food and restaurant businesses. This presents a unique opportunity for a business seeking a well-positioned location in a thriving community. The property's address is easily accessible and benefits from strong foot traffic and vehicular access. The geographic coordinates are 39.1599995 latitude and -86.5332963 longitude, allowing for precise location identification and mapping. This single-tenant building offers a streamlined operational environment, minimizing complexities associated with multi-tenant properties. The property's size and configuration are well-suited for a variety of restaurant concepts, from quick-service to casual dining. Serious inquiries are encouraged to explore this promising investment opportunity in a dynamic market. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. This location offers significant potential for growth and profitability, making it an attractive proposition for businesses seeking a strong foothold in the Bloomington market. The property's single-tenant status ensures a focused and efficient management structure.
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.