100 College AveBloomington, IN 47404

  • Office properties
  • 52,197 SF
For Lease

Property Details for 100 College Ave

Year built
1970
Construction
CONCRETE
Lot size
0.41 AC
Property size (Sq ft)
52,197 SF
Property type
Office properties
Property subtype
Other office properties
APN
53-05-33-310-284.000-005
APU
530533310284000005

Description

The Chase Building, a prestigious Class A office property located at 100 S College Ave in Bloomington, Indiana's Courthouse Square Historic District, presents a unique leasing opportunity. This two-story building, renovated in 2008, offers a total of 30,000 square feet of leasable space, ideal for businesses of all sizes. Currently, there are multiple tenancies available, with spaces ranging from a minimum of 621 square feet to a maximum contiguous space of 6,306 square feet. A significant 4,013 square feet of vacant space is immediately available. The building features convenient amenities including elevators, making it easily accessible for all tenants. Its prime location in Monroe County, Indiana, offers excellent visibility and accessibility within the vibrant downtown Bloomington area. The building's traditional and executive office spaces cater to a diverse range of business needs, providing a sophisticated and functional work environment. This is an exceptional opportunity to secure high-quality office space in a highly desirable location. The building's 2008 renovation ensures modern amenities and a well-maintained structure. Contact us today to learn more about available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,438,737
    6.5%
    $5,943,450
    7%
    $5,518,918
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,493,118
    Geo Method
    $4,493,118
  • Alternative Use

    Use
    Valuation
    Residential
    $7,369,878
    Hospitality
    $6,750,768
    Educational
    $5,616,560
    Medical
    $5,809,722
    Retail
    $8,736,871
100 College Ave, Bloomington, Indiana

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.1663
Longitude
-86.5353
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
$42,752
$802,800
$3,227,600
$4,030,400
-
$802,800
$3,227,600
$4,030,400

FAQs

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