For Sale
$1,795,900

1111 Walnut StBloomington, IN 47404

8,326 SF Daycare, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a meticulously renovated, 8,326 square foot daycare center situated on a 0.4-acre lot in Bloomington, Indiana. Located at the highly desirable intersection of North Walnut and 15th Street, near IU Stadium, this property offers significant upside potential. Currently operating at 100% occupancy under a NNN lease expiring October 30, 2025 (0.9 years remaining), the property boasts a strong rental income stream. Recent capital improvements include four new AC units, partial roof replacement, and conversion to energy-efficient LED lighting, enhancing both functionality and value. The two-story building, constructed in 1961, sits on a parcel identified by APN 53-05-33-204-123.000-005. The asking price is $1,795,900, representing a price per square foot of $215.70. This single-tenant property presents a compelling investment opportunity for those seeking a stable, high-return asset in a thriving Bloomington location. The property's prime location and recent upgrades make it an attractive investment for both experienced and new investors in the daycare sector. The strong tenant history and lease terms provide a secure investment with a clear path to future appreciation. This is a rare opportunity to acquire a well-maintained, high-performing daycare center in a sought-after area.

Property Details for 1111 Walnut St

Property type
Day care centers & nurseries, Retail properties
Square Feet
8,326 SF
Year Built
1961
Buildings
1
Stories
2
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.177208041821
Longitude
-86.533531303775
1111 Walnut St, Bloomington, Indiana

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1111 Walnut St
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