3695 State Road 45Bloomington, IN 47403

Property Details for 3695 State Road 45

Year built

1988

Construction

WOOD

Lot size

0.78 AC

Property size (Sq ft)

5,280 SF

Property type

Commercial real estate

APN

53-09-12-400-036.000-015

APU

530912400036000015

Description

This exceptional commercial property, situated on 0.78 acres at 3695 W State Road 45 in Bloomington, Indiana, presents a compelling investment opportunity. The building boasts approximately 5,280 square feet and enjoys excellent visibility from the street, benefiting from its prime location directly across from a Walmart. This high-traffic area ensures consistent exposure and potential for strong returns. Currently leased at $14 per square foot, triple net (NNN), the existing lease agreement extends until January 1st, 2025, providing immediate income generation and a stable investment. The property's strategic positioning on State Road 45 offers unparalleled access and visibility, making it an ideal location for a variety of commercial ventures. The substantial lot size provides ample space for potential expansion or future development. This property is a rare find, combining a strong existing lease with a highly desirable location, making it an attractive option for investors seeking a stable and profitable investment in a thriving Bloomington market. The asking price is $765,000. Serious inquiries only.

Location Insight

City

Bloomington

County

Monroe

State

Indiana

Latitude

39.1419

Longitude

-86.5819

CBSA code

14020

CBSA name

BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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