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$ 1,925,000
Est. payment /mo
Price Dropped by $70K
419 N Walnut Street Bloomington, IN 47404
8,712 Sqft Lot
UPDATED:
02/04/2025 08:14 PM
Key Details
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202403850
Year Built 1980
Annual Tax Amount $15,698
Tax Year 2024
Lot Size 8,712 Sqft
Property Sub-Type Restaurant/Bar
Property Description
**SELLER FINANCING AVAILABLE** This Property is located just a few blocks from the Bloomington Courthouse Square and is walking distance to the campus of Indiana University. Prime downtown location that last sold in 1986. With over 8000 square feet, this Building has always played a prominent role in the evolution of Bloomington's vibrant Downtown District and was recently the home of a brewing company. The building went through a total renovation in 2017 that included: a new rubber roof, new exterior including doors and windows, replacement of all HVAC units and duct work, new bathrooms along with a private office with full bath and multiple storage areas. All electrical, plumbing and fire suppression systems were also replaced. Additional improvements include a full kitchen, several walk-in coolers, and an overhead garage door. Even has a laundry room. Lots of natural daylight flows throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. In years past as a music nightclub, legendary artists including John Mellencamp, Stevie Ray Vaughan, and Bo Diddley along with national and local acts performed at this venue. Additionally, it has always enjoyed being a hub for all IU basketball and other televised sporting events along with being a favorite location for private bookings and social events. The possibilities are endless for this property. This property could be a Recreation/Community Center, Fitness Center, Retail. Lots of space to make your entrepreneurial dreams come true! Lease Available at $8950/month NNN
Location
State IN
County Monroe County
Area Monroe County
Zoning MD - Mixed-Use Downtown
Direction Take North Walnut Street from Downtown. Property is located on Westside of the Street.
Interior
Flooring Concrete
Appliance Building
Exterior
Roof Type Shingle
Building
Story 1
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202403850
IDX information provided by the Indiana Regional MLS
Listed by Chris Cockerham • FC Tucker/Bloomington REALTORS • [email protected]