608 Dunn StBloomington, IN 47408

For Sale
$1,365,000
Prime IU location, strong rental income.

Overview

Added:
Feb 3
Days on market:
73
This exceptional three-story commercial building at 608 N Dunn Street in Bloomington, Indiana presents a compelling investment opportunity. Situated on a 0.08-acre lot, this property boasts a unique blend of commercial and residential spaces, maximizing income potential. Currently featuring one commercial unit and six residential units, the property is strategically located just blocks from Kirkwood Avenue and within easy walking distance of Indiana University's campus. This prime location ensures high occupancy rates and strong rental demand, particularly among students. The building is well-maintained and offers a desirable rooftop deck, providing tenants with an attractive outdoor amenity. The property is pre-leased, generating immediate cash flow. Current monthly rent stands at $8,900, with scheduled increases to $9,200 in August 2025 and $10,010 in August 2026, ensuring consistent and growing returns. The lease extends until July 2027, providing long-term financial stability. This turnkey investment offers a rare combination of immediate income, future appreciation potential, and a highly sought-after location in a thriving college town. The property is priced at $1,365,000. This represents a significant opportunity for investors seeking a stable and profitable addition to their portfolio.

Property Details for 608 Dunn St

Property type
Commercial real estate
Year Built
2018
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.17206
Longitude
-86.5281
608 Dunn St, Bloomington, Indiana

FAQs

What type of property is this?
Commercial real estate - Prime IU location, strong rental income.
Where is the commercial real estate located?
The property is located at 608 Dunn St Bloomington, IN.
What is the asking price?
The asking price for this property is $1,365,000.
How can I contact the broker?
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608 Dunn St
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