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2607 N Walnut St
Bloomington, IN 47404
Multifamily Redevelopment Site · Land For Sale
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4.99 AC
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
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 4.99 AC |
| 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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