Atwater AveBloomington, IN 47401

Property Details for Atwater Ave

Year built

1920

Lot size

0.20 AC

Property type

Commercial real estate

Description

This exceptional investment property, located at 1000 & 1002 E Atwater Avenue in Bloomington, Indiana, presents a rare opportunity to acquire a fully leased commercial asset in a highly desirable location near Indiana University. The property consists of two buildings with a combined 21 rooms, currently generating a substantial monthly rental income of $20,475. This income stream is projected to increase to $21,840 per month in August 2025, reflecting a strong upward trajectory. All leases are secured through July 2026, providing investors with dependable income and long-term stability. The property sits on a 0.2-acre lot and offers ample off-street parking, a significant advantage for tenants and contributing to the property's overall desirability. Its proximity to Indiana University ensures a consistent demand for rental space, making this an ideal investment for those seeking a premium, income-producing asset in a prime Bloomington location. The asking price for this exceptional opportunity is $2,808,000. This property offers a compelling combination of strong rental income, secure leases, and a prime location, making it an attractive investment prospect.

Location Insight

City

Bloomington

County

Monroe

State

Indiana

Latitude

39.1642

Longitude

-86.5282

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].