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3802 E 3rd Street

Bloomington, IN 47401
  • $2,398,000
  • STATUS: Active
  • ON SITE: 160 days
  • MLS #: 202100096
UPDATED: 17 min ago
$2,398,000
  • 0
    BEDS
  • 0.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,508
    SQFT
Neighborhood:
Type:
Commercial
Built:
1996
County:
Area:

School Ratings & Info

Description

Spacious office building located on the ever growing east side of Bloomington Indiana. High traffic area, on the main east - west thoroughfare. 2.1 miles, a 6 minute drive, to the new Indiana university regional academic hospital. This collaborative project between IU Health in Indiana University is expected to open in 2021. Bloomington's east side is home to a number of medical practices, a large Number of both owner occupied and rental residences, and a diverse cross section of businesses. BUILDING FEATURES 70 parking spaces, fully ADA compliant including elevator, 80 office spaces, nice reception area, full kitchen, and large conference room. Building only, business is not for sale. Age: North half of building was built in 1996 and South half completed in 2001. Great investment with a 7% Cap Rate! Road frontage on two streets, offering an opportunity for signage on each. An entrance is situated on both the north/south, and east/west street. The building is located at a signaled intersection, further enhancing visibility.

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© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc.. Data last updated: 2021-06-12T18:27:48.35.

www.jmrealtyonline.com/homes/112959498
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3802 E 3rd Street Bloomington, IN 47401

  • Price: $2,398,000
  • Status: Active
  • Updated: 17 min ago
  • MLS #: 202100096
0
Beds
0
Baths
0
½ Baths
0.97
Acres
10,508
SQFT
$228
$/SQFT
1996
Built
Neighborhood:
Southeast Monroe County
County:
Monroe
Area:
Monroe
Property Description
Spacious office building located on the ever growing east side of Bloomington Indiana. High traffic area, on the main east - west thoroughfare. 2.1 miles, a 6 minute drive, to the new Indiana university regional academic hospital. This collaborative project between IU Health in Indiana University is expected to open in 2021. Bloomington's east side is home to a number of medical practices, a large Number of both owner occupied and rental residences, and a diverse cross section of businesses. BUILDING FEATURES 70 parking spaces, fully ADA compliant including elevator, 80 office spaces, nice reception area, full kitchen, and large conference room. Building only, business is not for sale. Age: North half of building was built in 1996 and South half completed in 2001. Great investment with a 7% Cap Rate! Road frontage on two streets, offering an opportunity for signage on each. An entrance is situated on both the north/south, and east/west street. The building is located at a signaled intersection, further enhancing visibility.
Exterior Features

Construction Type1 Stick Built Driveway Asphalt Exterior Stone Fire Doors YN Yes Location City Lot Dimensions 224.54 X 200.00 X 224.54 X 200.00 Parking Lot Parking Spaces 70 Parking Type Parking Lot Parking YN Yes Road Access City Roof Material Metal Security Light YN Yes Sign Type Street Sign Pole/Sign Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Full Basement Basement YN Yes Bldg1 Above Grd Sq Ft 10508 Bldg1 Below Grd Sq Ft 2645 Bldg1 Fin Office Sq Ft 13153 Ceiling Height Interior Upper Flrs=9/10"Bsmt 9'3" Column Spacing Upper Floors Are Clearspan Cooling Central Air Flooring CarpetCeramic Tile Heating Fuel Forced AirGas Interior Height Three Levels Total Height = 34'8" Interior Walls Drywall Internal Rooms KitchenOfficeOtherStorage Special Features Three PhaseHandicap AccessPassenger ElevatorBasementOffice SpaceReception AreaVentilating/Exhaust Fans Total Restrooms 6

Property Features

Annual Taxes 28703.92 Auction YN No Buildings 1 Burglar Alarm YN Yes Cable Company Comcast Cap Rate 7 Currently Leased YN Yes Documents Available Floor Plan Electric Company Duke Energy Indiana Enterprise Zone No Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company Vectren Energy Ingress Egress Asphalt Inside City Limits Yes Lease Available YN No Lease Term Remaining Yes Lighted Intersection YN Yes New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Office/ShowroomProfessional Property Sub Type Office Property Use Investment Property Proposed Financing CashConventional Reo YN No Sale Includes BuildingFurniture Sewer Public Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement No Township Perry Traffic Count 12 - 15000 Daily Water Company Bloomington City Utility Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2018 Zoning Description General Commercial; Pud

Listing courtesy of Amy Powell of Revestco Llc.
© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc..


© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc.. Data last updated: 2021-06-12T18:27:48.35.

 
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