About 1111 N Walnut Street
Prime investment opportunity situated near the IU Stadium, positioned at the coveted intersection of North Walnut and 15th St. This exceptional property boasts a spacious 4/10ths-acre parcel of land adorned with a meticulously renovated building spanning over 8000 square feet. Currently under lease to the Bloomington Center for Growing Culturally, the lease is set to conclude on October 31st, 2025. Recent enhancements have significantly elevated the property's value, including the installation of four brand-new AC units, a partial roof replacement, and the successful conversion of drop ceiling lights to energy-efficient LED lighting. Moreover, an alternative investment property encompassing 4/10ths of an acre stands as an enticing prospect for those seeking diverse investment avenues.
Features of 1111 N Walnut Street
| MLS® # | 202330595 |
|---|---|
| Price | $1,795,900 |
| Bathrooms | 2.00 |
| Square Footage | 17,424 |
| Acres | 0.40 |
| Year Built | 1961 |
| Type | Commercial |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 1111 N Walnut Street |
|---|---|
| Subdivision | Northeast Bloomington City |
| City | Bloomington |
| County | Monroe County |
| State | Indiana |
| Zip Code | 47404 |
Amenities
| Features | Office Space, 110 Volts, Single Phase, Fenced, Handicap Access |
|---|---|
| Parking Spaces | 26 |
| Parking | Off-Street, Other |
| Is Waterfront | No |
Interior
| Interior | Drywall |
|---|---|
| Heating | Forced Air, Electric |
| Cooling | Central Air |
| # of Stories | 2 |
| Basement | Other |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Asphalt |
| Construction | Not Applicable |
Additional Information
| Days on Market | 417 |
|---|---|
| Zoning | MM - Mixed-Use Medium-Scale |
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Jim Regester |
|---|---|
| Office | RE/MAX Realty Professionals |
| Contact Info | Offc: 812-323-1231 |