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    Property profile & analytics
    FOR SALE
    Retail space

    616 S College Mall Rd, Bloomington, IN 47401

    2,520 SF 0.26 ac lot Built 1974
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US31-1293260
    No photos on file
    For Sale
    $1,145,000 2,520 SF
    616 S College Mall Rd, Bloomington, IN 47401
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    Property summary
    AI-generated overview

    This exceptional Class A office building, located at 616 S College Mall Rd, Bloomington, IN 47401 (cross street: 2nd Street), presents a rare opportunity. The single-tenant space totals 2,520 square feet, ideal for a business seeking a comfortable and efficient workspace. Built in 1974, the building is a one-story structure situated in Monroe County. The property offers convenient parking with 8-10 spaces available. While there are no elevators, the single-story design ensures easy accessibility throughout the building. The updated interior provides a modern and functional environment for your business operations. This traditional office space is perfect for a company seeking a well-maintained and conveniently located office in Bloomington, Indiana. The property's location offers easy access to local amenities and transportation routes. This is a fantastic opportunity to secure a desirable office space in a thriving community. Don't miss out on this chance to establish your business in this well-maintained and conveniently located building.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1974
    Construction WOOD
    Total area 2,520 SF
    Lot 0.26 ac (11,543 SF)
    APN 53-08-02-200-033.000-009
    UPID US31-1293260
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    616 S College Mall Road LLC · 6 yrs held
    616 S College Mall Road LLC
    since 2019
    3 recorded transactions
    2019
    $850,000
    2016
    2015
    $483,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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