803 Madison StBloomington, IN 47403

Property Details for 803 Madison St

Year built

1985

Lot size

0.13 AC

Property type

Specialty properties

APN

53-01-53-910-000.000-009

APU

530153910000000009

Description

This exceptional 7,000-square-foot commercial building presents a rare opportunity in Bloomington, Indiana. Situated on a sizable 0.38-acre lot at 803 S Madison Street, this property boasts a generous footprint of 70 feet by 100 feet, offering ample space for a variety of commercial uses. The building is fully air-conditioned, ensuring year-round comfort. A significant advantage is the inclusion of a loading dock, simplifying logistics and enhancing operational efficiency. The robust electrical system features heavy power (800 amp, three-phase, 120/208), catering to businesses with substantial power demands. Safety is prioritized with a fully installed wet sprinkler system throughout the building. The open interior design is further enhanced by the absence of interior columns, maximizing usable space and providing flexibility for layout configurations. High ceilings add to the spacious feel, ranging from a peak of approximately 17 feet to an eave height of approximately 15.5 feet, with ductwork at approximately 10.25 feet. The building is in excellent condition, minimizing upfront capital expenditures and allowing for immediate occupancy. This property represents a compelling investment opportunity in a desirable Bloomington location. The combination of size, features, and condition makes this an exceptional offering for discerning buyers.

• Alternative Use

  Use

  Valuation

  Residential

  $799,579

  Hospitality

  $732,410

  Educational

  $609,356

  Medical

  $630,313

  Retail

  $947,888

Location Insight

City

Bloomington

County

Monroe

State

Indiana

Latitude

39.1583

Longitude

-86.5372

CBSA code

14020

CBSA name

BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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