217 S Lincoln St - Storefront Retail/Residential FOR SALE


Bloomington, IN 47408- Downtown Bloomington IN
$3,150,000 USD
844-214-7253
217 S Lincoln St, Bloomington, IN for Sale
$3,150,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

217 S Lincoln St
Bloomington, IN 47408
Downtown Bloomington IN


OVERVIEW

Located just steps from IU campus and Kirkwood Avenue, this property is fully leased. Mixed use investment property in one of Bloomington's most desirable areas. The building includes 12 residential units. Eleven 1 bed 1 bath apartments and a 5 bed 3 bath penthouse. There are also 3 street facing commercial units. The property generates over $23,000 a month in gross rents. Rare opportunity to own a high performing asset in a prime location.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CD

APN/PARCEL ID

53-05-33-310-038.000-005

ASK ABOUT THIS PROPERTY

Jeff BrawleyBrawley Real EstateMore Info
844-214-7253

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Jeff BrawleyBrawley Real EstateMore Info
844-214-7253

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