Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Medical Office Space

    822 1st St, Bloomington, IN 47403-2384

    10,440 SF 1.08 ac lot Built 1976
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US31-1254595
    Property summary
    AI-generated overview

    This exceptional two-story, Class B office building, totaling 10,440 square feet, presents a unique opportunity in the desirable medical district. Located at 822 W. 1st St., and conveniently situated near W. 1st St., this property boasts eight individual suites, perfect for a variety of medical or professional practices. Currently, 5,200 square feet of space is available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 5,200 square feet. Each suite offers approximately 1,000-1,300 square feet and includes desirable features such as a waiting/reception area, a naturally lit conference room, a private office with its own restroom, a kitchenette, multiple offices or exam rooms, ample storage, and a public restroom. The building is handicap accessible and provides convenient parking for tenants and clients. The property sits on a one-acre lot (APN: 53-08-05-100-142.000-009) and includes 50 parking spaces. Built in 1976, the building is zoned for medical use. Monthly rent ranges from $1,200 to $1,400, plus utilities and a $275 NNN fee. This is an excellent opportunity to establish or expand your practice in a thriving medical environment. Don't miss this chance to secure your ideal office space.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1976
    Construction WOOD
    Total area 10,440 SF
    Lot 1.08 ac (47,045 SF)
    APN 53-08-05-100-142.000-009
    UPID US31-1254595
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    BLOOMINGTON MEDICAL ARTS LLC
    BLOOMINGTON MEDICAL ARTS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 822 1st St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message