419 N Walnut St 8,273 SF Retail Building Bloomington, IN 47404 $1,695,000 ($204.88/SF)

RARE OPPORTUNITY TO PURCHASE- PRIME DOWNTOWN BLOOMINGTON PROPERTY! Fantastic Large Space! Located just 2 BLOCKS from the COURTHOUSE SQUARE and minutes to the campus of INDIANA UNIVERSITY (48,000 record student enrollment in 2025.) Surrounded by a bustling student and local housing market... walking distance!
SELLER FINANCING BEING OFFERED AT BELOW MARKET- 4.7% INTEREST RATE FOR QUALIFIED BUYERS.
With +/- 8300 square feet, this BUILDING has played a prominent role in the evolution of Bloomington’s vibrant Downtown District. Prime Walnut Street frontage features lots of natural daylight flowing throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. Legends have performed at this venue in years past- including John Mellencamp, Stevie Ray Vaughan, R.E.M., Bo Diddley and a host of others.
Municipal 5-Level Parking Garage one block south of Property.
IN 2017, BUILDING went through a Total Renovation that included: New 30-year rubber roof, replacement of all 5 rooftop HVAC units along with all interior ductwork plus 3 new bathrooms. Private office with full bath (including shower unit) and plenty of storage areas. All electrical (1200 amp of service panels) and plumbing systems were also replaced. Additional improvements include a full kitchen with range hood and grease interceptor system, fire suppression sprinkler system, several walk-in coolers, and an overhead garage door. Updated exterior including doors and windows. Even has a laundry room. A turn-key opportunity in many ways.
Zoned Mixed-Use Downtown Core (MD-DC). The space is ideal for a variety of uses, including a Nightclub, Restaurant/Bar, Community/Rec Center, Catering Facility, Retail Space, Offices, etc. With its high-traffic location and downtown surroundings, this property presents a prime opportunity for investors or business owners looking to establish a presence in one of Bloomington’s most sought-after areas. Lots of space to make your entrepreneurial dreams come true! Occupancy rating shall be determined based on build-out/use. Blueprints are available through a local architectural firm. Contact Seller for details.