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2607 N Walnut St - Multifamily Redevelopment Site 4.99 Acres of Commercial Land Offered at $5,250,000 in Bloomington, IN 47404
EXECUTIVE SUMMARY
5 Acre Redevelopment site currently used as 85 room motel located on the gateway to Bloomington near the IU Stadium. Best use is likely a teardown for Multifamily Redevelopment. May allow up to 230 units by utilizing incentives from the City of Bloomington.
PROPERTY FACTS
| Price | $5,250,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 4.99 AC |
| Property Type | Land |
| Price | $5,250,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 4.99 AC |
1 LOT AVAILABLE
Lot
| Price | $5,250,000 | Lot Size | 4.99 AC |
| Price Per AC | $1,052,104.21 |
| Price | $5,250,000 |
| Price Per AC | $1,052,104.21 |
| Lot Size | 4.99 AC |
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2607 N Walnut St - Multifamily Redevelopment Site
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