3 Towanda Service RdBloomington, IL 61701

  • Commercial real estate
  • 4,600 SF
For Lease
$13/SF/YR View listing

Property Details for 3 Towanda Service Rd

Construction
FRAME
Lot size
0.38 AC
Property size (Sq ft)
4,600 SF
Property type
Commercial real estate
APN
14-34-480-022
APU
1434480022

Description

This exceptional 4,600 square foot flex space, located in McLean County, presents a unique opportunity for a variety of businesses. Built in 1974 and extensively renovated in 2021, this single-story, freestanding building boasts a highly desirable B1 zoning. Its prime location ensures high visibility and traffic, making it ideal for retail, office, or industrial uses. The property features one drive-in bay, providing convenient access for loading and unloading. Inside, you'll find large, open rooms adaptable to various layouts, offering maximum flexibility for your specific needs. Recent upgrades include new luxury vinyl tile (LVT) flooring throughout. The building also includes two restrooms, a mop sink, and a private office area accessible from a back entrance. A convenient attached garage with an overhead door is also available, although it lacks a floor drain. This versatile property offers an excellent combination of location, visibility, and adaptability, making it an exceptional investment opportunity. The single-tenant occupancy ensures ease of management and control. Don't miss this chance to secure a prime location in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $950,700
    Hospitality
    $870,836
    Educational
    $724,525
    Medical
    $749,443
    Retail
    $1,127,039
3 Towanda Service Rd, Bloomington, Illinois

Location Insight

City
Bloomington
County
Mclean
State
Illinois
Latitude
40.4894
Longitude
-88.9677
CBSA code
14010
CBSA name
BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,250
$79,565
$90,934
$170,499
-
$238,695
$272,802
$511,497

FAQs

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