807 College AveBloomington, IN 47404

  • Retail space
  • 4,292 SF
For Sale
$925,000 View listing

Property Details for 807 College Ave

Year built
1994
Construction
WOOD
Lot size
0.17 AC
Property size (Sq ft)
4,292 SF
Property type
Retail space
APN
53-05-33-204-045.000-005
APU
530533204045000005

Description

This exceptional commercial property at 807 N College Avenue in Bloomington, Indiana, presents a unique investment opportunity. Boasting a prime location in the heart of downtown, this property offers unparalleled convenience and accessibility. The main level comprises 10 rooms and two restrooms, providing ample space for a variety of business uses. The lower level adds further versatility with 5 finished rooms and two unfinished rooms, totaling 1,100 square feet of unfinished storage space. This area presents significant potential for expansion or customized development to meet specific business needs. The property benefits from recent upgrades, including a new HVAC system and roof installed six years ago, a membrane roof replacement in 2018, and a water heater that is only two years old. Parking is a significant advantage, with a private lot offering 13 spaces – a rare commodity in downtown Bloomington. Its strategic location provides easy access to Indiana University, the bustling downtown core, and Bloomington's north side, making it an attractive proposition for businesses seeking high visibility and convenient access to a diverse customer base. The 0.17-acre lot ensures ample space for operations and potential future expansion. This property is ready for immediate occupancy and offers a compelling blend of functionality, location, and recent improvements.

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.1744
Longitude
-86.5352
CBSA code
14020
CBSA name
BLOOMINGTON, IN 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
$8,321
$87,800
$304,400
$392,200
-
$87,800
$304,400
$392,200

FAQs

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