903 Iaa Dr, Bloomington, IL 61701

This exceptional 1.1-acre redevelopment opportunity is located in Bloomington, Illinois, at 903 IAA Dr, zip code 61701. The property boasts a prominent location along North Veterans Parkway and IAA Drive, just south of East Vernon Avenue/General Electric Road. The site includes a 5,484 square foot vacant building, formerly a Lone Star Steakhouse, and an existing asphalt parking lot. Priced at $1,150,000 ($209.70/sq ft), this property presents a unique chance to capitalize on a high-traffic area. The site benefits from its proximity to major retail destinations, including the Shoppes at College Hills (anchored by Target, Von Maur, and Hobby Lobby), located just half a mile south. Furthermore, it's conveniently situated 2 miles north of OSF St. Joseph Hospital and State Farm Corporate Headquarters (employing over 14,000), and within 3 miles of the Central Illinois Regional Airport, served by four major airlines offering various domestic flight options. Bloomington, a twin city with Normal, boasts a combined population of approximately 170,000, situated in a highly productive agricultural region with a diverse economy including universities, hospitals, a convention center, and numerous national retailers and banking institutions. This property offers significant potential for various commercial uses.