419 N Walnut St - Bar FOR SALE


Bloomington, IN 47404- Downtown Bloomington IN
$1,570,000 USD
317-557-3333
419 N Walnut St, Bloomington, IN for Sale
$1,570,000 USD
Bar - FOR SALE
1/15
null | Request Cap Rate

419 N Walnut St
Bloomington, IN 47404
Downtown Bloomington IN


HIGHLIGHTS

  • Prime Downtown Bloomington location near the Indiana University Campus and the Courthouse Square.
  • A long standing Bloomington and IU student destination(48,000 students)- Home of the 2026 National Champions Indiana Hoosiers Football Team!
  • PURCHASE PRICE- $1,570,000; Seller Financing possible at 3.99% interest rate! (Contact Agent for Details.) Lease purchase option available.
  • Building has been extensively renovated from top to bottom with modern systems and finishes.
  • NOTE: A 3-WAY LIQUOR LICENSE may possibly be purchased for substantially below market value under certain conditions if you qualify and act quickly!
  • Zoned MD-DC for Restaurant/Bar, Retail, Offices, Nightclub, Catering, Fitness Club, Gaming Center or Subdivide... whatever your vision.

OVERVIEW

PURCHASE PRICE: $1,570,000. Spacious & clean 8273 Square Feet Building. LEASE Purchase Option also available-$7500 per month; NNN; ($10.88 per Sq. Ft.-Triple Net Lease) RARE OPPORTUNITY TO PURCHASE OR LEASE THIS PRIME DOWNTOWN BLOOMINGTON PROPERTY! Fantastic Large Space. Located walking distance from the COURTHOUSE SQUARE the campus of INDIANA UNIVERSITY (48,000 record student enrollment.) Surrounded by a bustling student and local housing market. The excitement is brewing for the IU Football Season this Fall as the Hoosiers are now a top tier Program after winning the National Championship! And of course, the Hoosier Basketball Program is always a top draw for the community! As of 2026, INDIANA UNIVERSITY officially holds the title of having the largest living Alumni community in the United States! SELLER FINANCING POSSIBLE AT- 3.99% INTEREST RATE FOR QUALIFIED BUYERS (Contact Agent for Details.) Great Investment Opportunity long term! *NOTE: A 3-WAY LIQUOR LICENSE may possibly be purchased for substantially below market value under certain conditions if you qualify and act quickly! The State of Indiana recently passed legislation making this possible specifically for Bloomington, IN. You should contact the Agent immediately for details. With +/- 8300 square feet, this BUILDING has 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. Municipal 5-Level Parking Garage one block south of Property. BUILDING has gone through a Major Renovation that included: 30-year rubber roof, replacement of all 5 rooftop HVAC units along with all interior duct work plus 3 new bathrooms. Private office with full bath (including shower unit) and plenty of storage areas. All electrical (1200 amp of service panels) and plumbing systems were also replaced. Additional improvements include a full kitchen with range hood and grease interceptor system, fire suppression sprinkler 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 Restaurant/Bar, Community/Rec Center, Nightclub, Distillery or Brewery, Catering Facility, Retail Space, Offices, or Subdivide with several tenants, etc. With its high-traffic location and downtown surroundings, this property is ideally positioned for a flagship presence on one of Bloomington’s premier corridors. 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. Contact Agent for details.

FOR SALE DETAILS

PRICE

$1,570,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

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

53-05-33-300-045.000-005,53-05-33-300-045.002-005

ASK ABOUT THIS PROPERTY

J. VukasJAV419 LLCMore Info
317-557-3333

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

J. VukasJAV419 LLCMore Info
317-557-3333

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