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1316 E Empire St 15,250 SF 100% Leased Retail Building Bloomington, IL 61701 $495,000 ($32.46/SF)
INVESTMENT HIGHLIGHTS
- Great Visibility along E. Empire
- Several renovated units
- Variety of Tenant Mix
EXECUTIVE SUMMARY
The 4-unit building, located at 1316 E. Empire, is available for sale. Located in a central location along one of
the busiest thoroughfares in Bloomington, the building o?ers a new owner the opportunity to take on a
unique building with multiple tenants. Suite A was renovated within the last few years and is currently leased
out to a beauty salon. The upstairs suite houses the city's only escape room, featuring a variety of rooms for
the whole family, and Suite C is currently leased out to a dance studio who has occupied the suite for close
to eight years. The property does have one 2,100 SF vacancy and could be perfect for another retail or o?ce
user, or even an owner occupier. The property's lot does extend beyond the building and includes two rows
of parking on the lower level.
the busiest thoroughfares in Bloomington, the building o?ers a new owner the opportunity to take on a
unique building with multiple tenants. Suite A was renovated within the last few years and is currently leased
out to a beauty salon. The upstairs suite houses the city's only escape room, featuring a variety of rooms for
the whole family, and Suite C is currently leased out to a dance studio who has occupied the suite for close
to eight years. The property does have one 2,100 SF vacancy and could be perfect for another retail or o?ce
user, or even an owner occupier. The property's lot does extend beyond the building and includes two rows
of parking on the lower level.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
15,250 SF
Building Class
B
Year Built
1980
Price
$495,000
Price Per SF
$32.46
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
1.99 AC
Parking
40 Spaces (2.62 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-34-480-031 | Improvements Assessment | $100,577 |
| Land Assessment | $78,698 | Total Assessment | $179,275 |
PROPERTY TAXES
Parcel Number
14-34-480-031
Land Assessment
$78,698
Improvements Assessment
$100,577
Total Assessment
$179,275
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1316 E Empire St
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