2709 McGraw Dr - Office/Residential FOR SALE


Bloomington, IL 61704
$2,200,000 USD
2709 McGraw Dr, Bloomington, IL for Sale
$2,200,000 USD
Office/Residential - FOR SALE
1/58
null | Request Cap Rate

2709 McGraw Dr
Bloomington, IL 61704


HIGHLIGHTS

  • Nice brick veneer exterior with ample parking and a vacant lot suitable for building. The main building was built in 3 phases, could be subdivided

OVERVIEW

Rarely does a commercial property offer this combination of size, flexibility, and strategic positioning like 2709 McGraw Drive. Nestled in a quiet, established neighborhood yet minutes from the airport and immediate access to major interstates. Spanning over 22,000 square feet the property is configured for office use with numerous private offices and open collaborative areas. An expansive lower-level collaboration and meeting space are ideal for training sessions or client presentations and is easily accessible via stairs or the elevator. The building's brick exterior and recent HVAC upgrades ensure modern comfort and operational efficiency. Ample on-site parking is complemented by an additional dedicated lot directly across the street with room to expand or build. Originally constructed in 1974 with additions in 1988 and 1995 each addition features their own entrances and restrooms, making subdivision into condo units an option. This is an established commercial office property located near Veterans Parkway, one of the area’s primary north–south arterial corridors providing access throughout Bloomington-Normal. The building and sales price include 2710 McGraw Drive which is the vacant parcel across the street. 3% commission to buyer's agent

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial Office Space

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

B1

APN/PARCEL ID

21-11-251-027,21-11-252-016

ASK ABOUT THIS PROPERTY

Michael RedingtonFarnsworth GroupMore Info

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Michael RedingtonFarnsworth GroupMore Info

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