1316 E Empire St - Retail FOR SALE


Bloomington, IL 61701
$495,000 USD
309-590-7900
1316 E Empire St, Bloomington, IL for Sale
$495,000 USD
Retail - FOR SALE
1/19
null | Request Cap Rate

1316 E Empire St
Bloomington, IL 61701


HIGHLIGHTS

  • Great Visibility along E. Empire
  • Variety of Tenant Mix
  • Several renovated units

OVERVIEW

The 4-unit building, located at 1316 E. Empire, is available for sale. Located in a central location along one of the busiest thoroughfares in Bloomington, the building o?ers a new owner the opportunity to take on a unique building with multiple tenants. Suite A was renovated within the last few years and is currently leased out to a beauty salon. The upstairs suite houses the city's only escape room, featuring a variety of rooms for the whole family, and Suite C is currently leased out to a dance studio who has occupied the suite for close to eight years. The property does have one 2,100 SF vacancy and could be perfect for another retail or o?ce user, or even an owner occupier. The property's lot does extend beyond the building and includes two rows of parking on the lower level.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$32 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

-

APN/PARCEL ID

14-34-480-031

ASK ABOUT THIS PROPERTY

Carrie TrollSVN | Core 3More Info
309-590-7900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Carrie TrollSVN | Core 3More Info
309-590-7900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.