652 Walker St, Bloomington, IN 47403-2158
This exceptional 1,500 square foot mixed-use office building is ideally situated in Bloomington, Indiana, offering a fantastic blend of convenience and potential. Located near the west side of downtown, this property enjoys proximity to Indiana University and I-69, ensuring high visibility and accessibility. Currently configured as a medical office, the space features a well-designed layout including a reception area, kitchenette, exam rooms, and additional office space. The versatile floor plan allows for a multitude of business uses, making it an attractive option for a variety of entrepreneurs. The existing setup includes a reception station and waiting area, providing a professional and welcoming environment for clients. The building's functionality extends beyond its current medical configuration, making it suitable for a range of businesses seeking a ready-to-use space. This presents a unique opportunity for owner-operators seeking a convenient location or investors looking for a strong return. The property is offered at $149,900, with a quarterly HOA fee of $705. Its strategic location, adaptable layout, and competitive price point make this a compelling investment or business opportunity in a thriving Indiana community. The property sits on a 0-acre lot.
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.