1501 N Veterans Pkwy
Bloomington, IL 61704
Freestanding Restaurant | Veterans Parkway · Property For Lease

Freestanding restaurant property built for Biaggi's Ristorante Italiano. Biaggi's relocated to a larger facility in April 2020. Building is for sale or lease. Building is now vacant. High end restaurant, well established, situated along Veterans Parkway corridor in Bloomington/Normal with traffic counts exceeding 45,700 cars per day. Highly sought after location with 2.33 acres and 124 parking spaces. Property could also be a redevelopment opportunity. Owner would provide a pad ready site. This property serves a population of 93,169 within a three mile radius and 129,394 within a five-mile radius. The property is situated off of Veterans Parkway, Bloomington-Normal’s main thoroughfare with many national retailers in the immediate area including Target, Wal-Mart, Hy-Vee, Meijer, Dick’s Sporting Goods, Best Buy, Jewel-Osco, LA Fitness, and Schnuck’s. OSF Medical Center, a level two trauma center with 149 beds serving the greater Bloomington-Normal area is located along Veterans Parkway, south of this property. Bloomington is the county seat of McLean County, IL and the world headquarters to State Farm Insurance and Country Financial. Bloomington is a twin city to Normal, IL, which is home to Illinois State University (20,784 students) and Heartland Community College (5,280 students). The community also boasts higher education at Illinois Wesleyan University in Bloomington with 1,649 students. Bloomington/Normal is home to Rivian Automotive, Nussbaum Transportation, Beer Nuts Brand Snacks, and is one of the most productive agricultural areas in the nation, which attracted Brandt Industries to the community. The twin cities are serviced by four major railroad lines and Amtrak, as well as air transportation at the Central Illinois Regional Airport, which services commuter, corporate, and private aircraft.