About 125 S Westplex Avenue
8500 sq.ft. zoned for light industrial 6000 SF production/shop area with 2500+/-SF office space, near westside for sale. 1.5 miles from I69 and 1 mile from Downtown Bloomington. Currently leased to a long term tenant until June 25th, 2027 with no options to renew. The yearly rent is $6/SF or $4,250/monthly plus taxes, ins, and CAMS which is over a 7% cap rate! Seller is Licensed Broker in Indiana.
Features of 125 S Westplex Avenue
| MLS® # | 202504964 |
|---|---|
| Price | $725,000 |
| Bathrooms | 3.00 |
| Square Footage | 22,216 |
| Acres | 0.51 |
| Year Built | 1997 |
| Type | Commercial |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 125 S Westplex Avenue |
|---|---|
| Subdivision | Southwest Bloomington City |
| City | Bloomington |
| County | Monroe County |
| State | IN |
| Zip Code | 47404 |
Amenities
| Features | Three Phase, Overhead Door 1, Overhead Door 2 |
|---|---|
| Parking Spaces | 16 |
| Parking | Garage, Lot, Paved |
| Is Waterfront | No |
Interior
| Interior | Drywall |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| # of Stories | 2 |
| Basement | Slab |
Exterior
| Exterior | Aluminum |
|---|---|
| Roof | Asphalt |
| Construction | No |
Additional Information
| Days on Market | 259 |
|---|---|
| Zoning | ME - Mixed-Use Employment |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jim Regester |
|---|---|
| Office | RE/MAX Realty Professionals |
| Contact Info | Offc: 812-323-1231 |