419 N Walnut St - Storefront FOR SALE


Bloomington, IN 47404- Downtown Bloomington IN
$1,850,000 USD
317-557-3333
419 N Walnut St, Bloomington, IN for Sale
$1,850,000 USD
Storefront - FOR SALE
1/23
null | Request Cap Rate

419 N Walnut St
Bloomington, IN 47404
Downtown Bloomington IN


HIGHLIGHTS

  • Iconic Downtown Bloomington location near Courthouse Square
  • Walkable to Indiana University with 48,000+ students
  • Seller financing offered at 4.75% interest rate
  • Fully renovated in 2017 with modern systems and finishes
  • Open-span interior with flexible layout potential
  • Zoned MD-DC for retail, restaurant, office, or nightlife

OVERVIEW

EXCEPTIONAL OPPORTUNITY TO PURCHASE- AN ICONIC DOWNTOWN BLOOMINGTON PROPERTY! Located just 2 BLOCKS from the COURTHOUSE SQUARE and a short walk to the campus of INDIANA UNIVERSITY (48,000 record student enrollment in 2025.) SELLER FINANCING BEING OFFERED AT BELOW MARKET- 4.75% INTEREST RATE! Contact seller for details. With +/- 8300 square feet, this BUILDING has historically played a prominent role in the evolution of Bloomington’s vibrant Downtown District. Prime Walnut Street frontage features lots of natural daylight flowing throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. IN 2017, BUILDING went through a Total Renovation that included: New 30-year rubber roof, replacement of all 5 rooftop HVAC units and all interior duct work plus 3 new bathrooms. Private office with full bath and multiple storage areas. All electrical (1200 amp service panels) and plumbing systems were also replaced. Additional improvements include a full kitchen with grease interceptor system, fire suppression system, several walk-in coolers, and an overhead garage door. Updated exterior including doors and windows. Even has a laundry room. A turn-key opportunity in many ways! Zoned Mixed-Use Downtown Core (MD-DC). The space is ideal for a variety of uses, including a Nightclub, Bar/restaurant, community/rec center, catering facility, retail space or even offices. With its high-traffic location and vibrant surroundings, this property presents a rare opportunity for investors or business owners looking to establish a presence in one of Bloomington’s most sought-after areas. Lots of space to make your entrepreneurial dreams come true! Occupancy rating shall be determined based on build-out/use. Blueprints are available through a local architectural firm.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MD-DC

APN/PARCEL ID

53-05-33-300-045.000-005

ASK ABOUT THIS PROPERTY

Jordan VukasJAV419 LLCMore Info
317-557-3333

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Jordan VukasJAV419 LLCMore Info
317-557-3333

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