Bloomington, IN 47404,1111 N Walnut Street
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Bloomington, IN 47404,1111 N Walnut Street
Bloomington, IN 47404,1111 N Walnut Street
Bloomington, IN 47404,1111 N Walnut Street
Bloomington, IN 47404,1111 N Walnut Street

$1,400,000

Est. payment /mo

$1,590,900

12.0%
Est.Price: ?

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1111 N Walnut Street Bloomington, IN 47404

0.4 Acres Lot

SOLD DATE : 07/24/2025

Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Northeast Bloomington City

MLS Listing ID 202330595

Year Built 1961

Annual Tax Amount $1,062

Tax Year 2023

Lot Size 0.400 Acres

Property Sub-Type Office

Property Description

Prime investment opportunity situated near the IU Stadium, positioned at the coveted intersection of North Walnut and 15th St. This exceptional property boasts a spacious 4/10ths-acre parcel of land adorned with a meticulously renovated building spanning over 8000 square feet. Currently under lease to the Bloomington Center for Growing Culturally, the lease is set to conclude on October 31st, 2026, however, Tenant has a one-year option to renew. Recent enhancements have significantly elevated the property's value, including the installation of four brand-new AC units, a partial roof replacement, and the successful conversion of drop ceiling lights to energy-efficient LED lighting. Moreover, an alternative investment property encompassing 4/10ths of an acre stands as an enticing prospect for those seeking diverse investment avenues.

Location

State IN

County Monroe County

Area Monroe County

Zoning MM - Mixed-Use Medium-Scale

Interior

Flooring Carpet, Tile

Laundry , 26

Exterior

Roof Type Asphalt

Building

Story 2

New Construction No

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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395

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Indiana Regional MLS (IRMLS)
Listed by Jim Regester • RE/MAX Realty Professionals • Offc: 812-323-1231
Bought with Chris Cockerham • FC Tucker/Bloomington REALTORS
agent

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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