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28907982
28907983

1314-1316 E Empire Street, Bloomington, IL 61701

TD
IL 475160875
SVN Core 3
Core 3 Property Management
Listed by SVN Core 3, Core 3 Property Management
$495,000
177 days on market
Updated 3 days ago

1314-1316 E Empire Street

Details
APN 1434480031
Property Type Office
Sub Type Traditional Office, Office/Tech
Units 4
NOI $9,865
Year Built 1980
Stories 2
Acreage 1.120
Zoning COMMR

Office

Marketing description

The 4-unit building, located at 1316 E. Empire, is available for sale. Located in a central location along one of the busiest thoroughfares in Bloomington, the building offers a new owner the opportunity to take on a unique building with multiple tenants. Suite A was renovated within the last few years and is currently leased out to a beauty salon. The upstairs suite houses the city's only escape room, featuring a variety of rooms for the whole family, and Suite C is currently leased out to a dance studio who has occupied the suite for close to eight years. The property does have one 2,100 SF vacancy and could be perfect for another retail or office user, or even an owner occupier. The property's lot does extend beyond the building and includes two rows of parking on the lower level.
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Listing Contacts

TD
IL 475160875
SVN Core 3
Core 3 Property Management
Listed by SVN Core 3, Core 3 Property Management

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$9,865.00
$822.08/mo

Valuation Metrics

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DSCR
1.99%
Cap Rate
1.99%
ROI

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Additional Information

Name
Tom Dibble
License
475160875
Brokerage
SVN Core 3
Brokerage Phone
(309) 808-2125
Title
Real Estate Broker
Brokerage Address
1707 East Hamilton Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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