322 3Rd StBloomington, IN 47404

Property Details for 322 3Rd St

Year built

1935

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

6,435 SF

Property type

Commercial real estate

APN

53-05-33-310-076.000-005

APU

530533310076000005

Description

This exceptional commercial property, located at 322 W 3rd Street in the heart of Bloomington, Indiana, presents a unique investment opportunity. The property encompasses two buildings situated on a 0.2-acre lot, offering a combined total of approximately 8,808 square feet of versatile space. Its prime downtown location provides easy access to the B-Line trail and all the vibrant amenities the city center offers. The corner building boasts a well-designed layout including a dedicated display room, office space, and a functional shop area, ideal for retail or service-based businesses. The second building adds further value with a partial basement, providing ample storage or additional workspace. A highlight of this building is its stunning showroom, featuring large windows that flood the space with natural light and beautiful hardwood floors. This showroom is complemented by additional shop space, creating a flexible and adaptable environment. Adding to the property's appeal is a second-floor apartment with its own private access, offering potential for rental income or owner occupancy. The property is zoned MD/DC, and detailed zoning information is available in the provided documents. A virtual tour is available for a comprehensive view of this remarkable property. This is an excellent opportunity to acquire a substantial commercial property in a thriving downtown area.

• Alternative Use

  Use

  Valuation

  Residential

  $908,580

  Hospitality

  $832,255

  Educational

  $692,426

  Medical

  $716,240

  Retail

  $1,077,107

Location Insight

City

Bloomington

County

Monroe

State

Indiana

Latitude

39.1648

Longitude

-86.5372

CBSA code

14020

CBSA name

BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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