300-314 W 1st St - Office/Residential FOR SALE


Bloomington, IN 47403- Downtown Bloomington IN
$1,575,000 USD
812-330-7568
300-314 W 1st St, Bloomington, IN for Sale
$1,575,000 USD
Office/Residential - FOR SALE
1/21
null | Request Cap Rate

300-314 W 1st St
Bloomington, IN 47403
Downtown Bloomington IN


OVERVIEW

This ±6,120 square foot, two-story property spans three parcels totaling approximately 0.57 acres and presents a versatile opportunity for either office use or future redevelopment. Ideally located adjacent to the B-Line Trail and the transformative Hopewell Development, the site offers convenient access to downtown Bloomington, public transit, and an emerging hub of mixed-use growth. Recently rezoned to Mixed-Use Medium Scale (MM), the property now supports 33 additional permitted uses—unlocking significant flexibility for developers or owner-occupiers. The building is well-suited for office users looking for walkability, visibility, and proximity to Bloomington’s civic and commercial core. Estimated annual taxes are approximately $14,698.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Office/Redevelopment Lots

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

MM

APN/PARCEL ID

53-08-04-200-225.000-009,53-08-05-100-172.000-009

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 Notice.