405 W Washington St - Flex FOR SALE


Bloomington, IL 61701- Downtown Bloomington
$275,000 USD
309-532-1808
405 W Washington St, Bloomington, IL for Sale
$275,000 USD
Flex - FOR SALE
1/5
null | Request Cap Rate

405 W Washington St
Bloomington, IL 61701
Downtown Bloomington


OVERVIEW

Located just west of Bloomington’s Downtown corridor, 405 W. Washington Street offers a unique opportunity for a small retail user, boutique shop, creative studio, service business, or professional office concept. The property sits directly across from the Regional Alternative School and the former Pantagraph building, which is undergoing a major $26 million renovation expected to bring Lifelong Access, Chestnut Health Services, the Regional Office of Education, Midwest Food Bank, and other community-focused services to the area. The building is also just one block from Grossinger Motors Arena, placing it near a growing mix of civic, office, residential, and entertainment activity. Most recently used for glass blowing and other artistry work, the building is well suited for a variety of flexible uses. The layout includes a small front showroom or checkout area, three private offices, open work/production space, one functional restroom, and fully heated and air-conditioned interior space. Building features include an abundance of power, drop ceilings, terrazzo flooring in the warehouse/work area, two rooftop HVAC units, and a new roof installed in November 2025. Surrounded by professional offices, residential dwellings, community service providers, and Downtown amenities, this property presents an excellent opportunity for an owner-user or investor seeking a functional, adaptable building in a highly active Bloomington location.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13

LAND SF

5,663

ZONING

D2

APN/PARCEL ID

30-20-240-010

ASK ABOUT THIS PROPERTY

Meghan O'Neal-RogozinskiAXIS 360 Commercial Real Estate SpecialistsMore Info
309-532-1808

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Meghan O'Neal-RogozinskiAXIS 360 Commercial Real Estate SpecialistsMore Info
309-532-1808

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