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Investment Highlights

  • Zoned for Business Use
  • Versatile Space

Executive Summary

Currently leased to a local radio station with an assumable 5-year lease in place, this commercial property offers versatile space and solid income potential. Features include a kitchen, electric heat and stove, washer/dryer hookup, and separate electrical breaker boxes and meters for the upper level. The lower level has a private exterior entrance at the rear of the building, with an interior stairway available if both levels are used together. Enjoy a wooded backyard view and high visibility on a busy highway just outside of town, directly across from a gas station and convenience store. Property is zoned for business use.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
2,810 SF
Building Class
C
Year Built
1950
Price
$400,000
Price Per SF
$142.35
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,405 SF
Building FAR
0.10
Lot Size
0.66 AC
Zoning
Commercial - Currently zoned commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
53-05-21-300-002.000-005
Land Assessment
$122,500
Improvements Assessment
$121,700
Total Assessment
$244,200
  • Listing ID: 38571355

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: 2723 N Walnut St, Bloomington, IN 47404

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