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300-314 W 1st St
Bloomington, IN 47403

Downtown Office/Redevelopment Lots · Office Property For Sale

Executive Summary

Downtown office building in excellent condition available for sale. This property features +/- 6,120 SF and a private parking lot with 25 spaces. The current building, is ideal for an owner/occupied space, has potential to be divided into multiple tenants or residents, and has many updates. Appealing to the eye, the building has several conference rooms, private offices, and space for a large cubicle area or cooperative work space. This site, which includes 3 parcels, is an ideal redevelopment opportunity adjacent to the B-Line trail and the Hopewell Development site. The central location provides for easy access to downtown Bloomington and all its local amenities. *New Zoning allows for 33 additional permitted uses.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,120 SF
Building Class
C
Year Built
1977
Price
$2,484,345 CAD
Price Per SF
$406 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,060 SF
Building FAR
0.25
Lot Size
0.57 AC
Zoning
MM - Mixed-Use Medium Scale
Parking
25 Spaces (4.08 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Kitchen
  • Central Heating
  • Natural Light
  • Open-Plan
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 53-08-05-100-109.000-009
  • 53-08-05-100-172.000-009
  • 53-08-04-200-225.000-009
Land Assessment
$361,679 CAD
Improvements Assessment
$347,531 CAD
Total Assessment
$709,210 CAD
  • Listing ID: 26137694

  • Date on Market: 2022-07-11

  • Last Updated:

  • Address: 300-314 W 1st St, Bloomington, IN 47403

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