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
1/46
null | Request Cap Rate

NEW


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 owner-occupied 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 backup 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

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

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.