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20557010
20557011

1209 Towanda Ave, Bloomington, IL 61701 For Sale

JS
IL 471.022624
SVN Core 3
CT
IL IL475166842
SVN Core 3
Listed by SVN Core 3
$2,600,000
631 days on market
Updated 2 days ago

1209 Towanda Ave.

Details
APN 14-34-480-032
Property Type Retail
Sub Type Shopping Center
Square Footage 54,429
Net Rentable (SqFt) 53,650
Units 4
Occupancy 30%
Tenancy Multi
Brand/Tenant Dollar General
Lease Type NNN
Broker Co-Op Yes
Zoning B-1
Investment Type Value Add

Retail | 54,429 SF

Marketing description

SVN Core 3 is proud to introduce the former Bloomington Post Office building that currently houses Dollar General, a Barber Shop, and a Coffee Shop Kiosk.

The post office occupied 37,700 sq. ft., which is now currently vacant. The Dollar General occupies 15,088 sq. ft. with a lease that runs through Feb. 2025 and an extension option to follow. The Barber Shop and Coffee Kiosk are both currently on month-to-month leases. The barber shop occupies 512 sq. ft., and the coffee kiosk has 350 sq. ft.

This property houses ample parking and great visibility on Towanda Ave. The entire property is in a Tax Increment Financing (TIF) District.

Investment highlights

54,429 SF Former Post Office, Barber Shop, and Dollar General

307 SF Coffee Kiosk

Dollar General has a NNN leasehold through February 28, 2025 with a renewal option to follow

Great Visibility and Ample Parking

Entire Property is in a Tax Increment Financing District

Zoned B-1 General Commercial District

Listing Contacts

JS
IL 471.022624
SVN Core 3
CT
IL IL475166842
SVN Core 3
Listed by SVN Core 3

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Additional Information

Name
Jill Spratt
License
471.022624
Brokerage
SVN Core 3
Brokerage Phone
309-590-7900
Brokerage Address
1707 East Hamilton Road
Name
Carrie Tinucci-Troll
License
IL475166842
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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