Former Auto Dealership | Possible Redevelopment
Former Car Dealership | Possible Redevelopment
Marketing description
Autos 4 Less has relocated down the street leaving this property as an opportunity for a new business to grow, thrive and succeed.
The North building has a small reception, private office, restroom, garage space with floor drains, FRP on walls (perfect for auto detailing) and upgraded 220 service.
The South building has a large private office, two (2) restrooms, multiple bays with OH doors, water lines and air lines run throughout, two 9,000 lb. car lifts to remain in building.
Property has great signage, situated between E. Lincoln and E. Bissell, with multiple curb cuts off of S. Main Street and E. Bissell with a alley behind the property for additional access and egress.
Owner is in the process of moving and has not completely vacated.
Investment highlights
Strong Economic Drivers:
Bloomington-Normal is a desirable market with a diversified economy. Bloomington is the county seat of McLean County, IL and the world headquarters to State Farm Insurance (14,500 employees) and Country Financial (2,025 employees), Other major employers that provide industry diversification, Illinois State University (3,940 employees), Rivian Automotive (7,500 employees), and OSF Healthcare (1,286 employees), others include Nussbaum Transportation, Beer Nuts Brand Snacks, and McLean County is one of the most productive agricultural areas in the nation, which attracted Brandt Industries to the community.
The twin cities are serviced by four major railroad lines and Amtrak, as well as air transportation at the Central Illinois Regional Airport, which services commuter, corporate, and private aircraft.
Strong College Community Demographics:
Normal is home to Illinois State University (20,784 students) and Heartland Community College (5,280 students). The community also boasts higher education at Illinois Wesleyan University in Bloomington with 1,649 students. All of the higher ed institutions have been on a growth trajectory, adding engineering programs, growing their business incubators, healthcare programs and more.
Strong National Recognition:
Bloomington Ranks #64 in Best Places to Live in the US in 2022
Bloomington-Normal is ranked in the top 10 among “Most Livable College Towns in America” Strategistico, 2022
Bloomington-Normal is ranked in the top 20 among “Most Livable Small Cities in the U.S.”
Bloomington-Normal is ranked #3 in Illinois among “Start-Up City Rankings”
Bloomington-Normal is ranked #1 among the "Happiest City in America"
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