5.33 acres at 3000 and 3070 S. Walnut in Bloomington, Indiana, zoned Commercial. Property includes a newly constructed 10,050 sf commercial building that is fully leased by Force Fitness, a state-of-the-art fitness center, and True Health Chiropractic. Both businesses are thriving and are fully performing under their respective leases. The sale would include the real estate and improvements only, and not the businesses located on the property. The 2018 NOI for the existing building was $99,844.20, and professionally prepared site plans anticipate three additional mixed-use buildings that would include commercial and multi-family residential units (site plans and pro forma development projections available upon request). The new owner could maintain cash flow with the current tenants and develop additional buildings to increase profitability. Excellent opportunity at this price on Bloomington’s south side!
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 4th March, 2021 8:18 AM
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