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1804 N Towanda Barnes Rd 18,076 SF Flex Building Bloomington, IL 61705 $3,250,000 ($179.80/SF) 8.32% Cap Rate
Executive Summary
The property includes two upgraded flex buildings, a fully leased storage facility, and 88 rentable parking spaces, plus six additional regular income streams. Ownership is offering the sale of the LLC, providing an additional layer of tax optimization potential for the buyer.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Building #1 features a heated and cooled flex configuration with two warehouse bays, overhead door access, an ADA-compliant restroom, floor drains, and a mezzanine level with office space for administrative functions. Recent improvements include two commercial HVAC units installed in 2020, LED lighting upgrades, Metronet fiber connectivity, and spray foam insulation designed to improve operational efficiency. The combination of warehouse functionality and office support areas creates a practical environment for a broad range of occupiers.
Building #2 provides additional flex space with accessibility enhancements, updated building systems, and integrated security infrastructure. Recent improvements include an ADA-compliant restroom completed in 2021, a new HVAC system installed in 2022, LED lighting, Metronet fiber service, and a monitored security system with interior and exterior coverage. The building's flexible design supports users seeking a combination of customer-facing, operational, and storage capabilities.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 1 | 6,360 SF | Flex | - | Now |
| 1st Fl - 2 | 2,760 SF | Flex | - | Now |
1st Fl - 1
| Size |
| 6,360 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - 2
| Size |
| 2,760 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - 1
| Size | 6,360 SF |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
Building #1 features a heated and cooled flex configuration with two warehouse bays, overhead door access, an ADA-compliant restroom, floor drains, and a mezzanine level with office space for administrative functions. Recent improvements include two commercial HVAC units installed in 2020, LED lighting upgrades, Metronet fiber connectivity, and spray foam insulation designed to improve operational efficiency. The combination of warehouse functionality and office support areas creates a practical environment for a broad range of occupiers.
1st Fl - 2
| Size | 2,760 SF |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
Building #2 provides additional flex space with accessibility enhancements, updated building systems, and integrated security infrastructure. Recent improvements include an ADA-compliant restroom completed in 2021, a new HVAC system installed in 2022, LED lighting, Metronet fiber service, and a monitored security system with interior and exterior coverage. The building's flexible design supports users seeking a combination of customer-facing, operational, and storage capabilities.
Property Taxes
| Parcel Numbers | Improvements Assessment | $200,213 | |
| Land Assessment | $33,154 | Total Assessment | $233,367 |
Property Taxes
Contact the Sale Advisor
1804 N Towanda Barnes Rd