1600 W Bloomfield Rd - Medical FOR SALE


Bloomington, IN 47403
$6,800,000 USD
812-330-7568
1600 W Bloomfield Rd, Bloomington, IN for Sale
$6,800,000 USD
Medical - FOR SALE
1/44
null | Request Cap Rate

1600 W Bloomfield Rd
Bloomington, IN 47403


OVERVIEW

This ±28,077 SF three-story office building offers a high-quality, flexible environment ideal for professional, medical, or institutional users. Located just 3 minutes from I-69, the property is easily accessible and offers private on-site parking for tenants and guests in a quiet, professional setting. The main and lower levels each feature separate, handicap-accessible entrances, allowing for efficient multi-tenant use. The lower level includes two fully leased office suites, while the main level offers two office spaces and a large conference room. The second level, accessible by stairs only, is leasable and features a mix of cubicles and private offices. Each floor is equipped with kitchenettes. Significant capital improvements have been made, including a $220,000 solar panel installation, new chiller and HVAC units, and renovated tenant suites with modern upgrades—enhancing both operational efficiency and tenant experience. The building also includes Gas-powered backup electricity generators for power reliability.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

CG

APN/PARCEL ID

53-08-06-104-062.000-009

ASK ABOUT THIS PROPERTY

Chris CockerhamF.C. Tucker/Bloomington RealtorsMore Info
812-330-7568

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Chris CockerhamF.C. Tucker/Bloomington RealtorsMore Info
812-330-7568

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