801 Main StBloomington, IL 61701
- Commercial real estate
- 5,574 SF
Property Details for 801 Main St
- Construction
- FRAME
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 5,574 SF
- Property type
- Commercial real estate
- APN
- 21-09-138-004
- APU
- 2109138004
Description
This thriving bar and grill, located at 801 S Main St in Bloomington, Illinois, presents a fantastic investment opportunity. The property boasts a substantial 5,574 square feet of space, perfectly suited for its current use and offering ample room for expansion or creative repurposing. The asking price is $295,000, translating to a price per square foot of $52.92. The property operates under B-1 zoning, ensuring flexibility for various commercial uses. The address is easily accessible and situated in a high-traffic area, guaranteeing excellent visibility and customer flow. The property includes multiple APNs: 21-09-138-001 & 004 and 21-09-133-012, indicating a potentially larger land parcel than initially suggested by the building size. This free-standing building offers a unique opportunity to own a well-established business in a desirable location. The property's prime location in McLean County, Illinois, with a zip code of 61701, ensures easy access to a large customer base. The existing infrastructure and established clientele provide a solid foundation for continued success and potential growth. This is an exceptional chance to acquire a turnkey operation with significant upside potential in a vibrant community. Serious inquiries are encouraged to explore this lucrative investment opportunity further.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,152,000
- Hospitality
- $1,055,226
- Educational
- $877,936
- Medical
- $908,129
- Retail
- $1,365,678
Location Insight
- City
- Bloomington
- County
- Mclean
- State
- Illinois
- Latitude
- 40.472
- Longitude
- -88.9936
- CBSA code
- 14010
- CBSA name
- BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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