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409 S Walnut St 7,536 SF 100% Leased Retail Building Bloomington, IN 47401 $3,000,000 ($398.09/SF)
Investment Highlights
- Fully leased retail property with established restaurant/bar infrastructure.
- Convenient access to Indiana University and major traffic routes serving Bloomington and surrounding markets.
- Features include adaptable conference space, commercial kitchen, and rear warehouse with separate entry.
- Located in the heart of Bloomington’s central business district with high visibility and walkable surroundings.
Executive Summary
An Amazing opportunity to own a beautiful building that features over 10,000 sqft of parking in the heart of Bloomington. The potential of this space is endless! The building itself features over 7500 sqft, of Restaurant/Cafe/Bar space, multiple restrooms, conference/meeting area, kitchen and an open garage /warehouse space in the back with its own entry. This place is great, don't miss this amazing opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,536 SF
Building Class
C
Year Built
1950
Price
$3,000,000
Price Per SF
$398.09
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
Commercial Downtown - MD-DC
Parking
27 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
230’ on South Walnut Street
Amenities
- Air Conditioning
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 53-08-04-200-089.000-009 | Improvements Assessment | $773,600 |
| Land Assessment | $784,100 | Total Assessment | $1,557,700 |
Property Taxes
Parcel Number
53-08-04-200-089.000-009
Land Assessment
$784,100
Improvements Assessment
$773,600
Total Assessment
$1,557,700
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Contact the Sale Advisor
409 S Walnut St