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32028787
32028749

1235 West Gourley Pike, Bloomington, IN 47404 For Sale

JR
IN RB14012351
Realty Professionals
Listed by Realty Professionals
$1,080,000
90 days on market
Updated 13 days ago

1235 West Gourley Pike

Details
Property Type Retail, Multifamily (+1)
Square Footage 5,470
Tenancy Vacant
Price per SqFt $197
Year Built 1960
Stories 1
Acreage 1.340
Zoning MM - Mixed-Use Medium Scale
Investment Type Owner/User
Ground Lease No
Sale Condition For sale by owner

Mixed-Use Medium Scale near IU Stadium

Marketing description

Mixed use new construction near IU Stadium; new building has 5,470 SF (see attached floorplans) and original home that needs renovation has 1260 SF. Property is visible from SR 45/46 Bypass. Zoned Mixed-Use Medium Scale, allowing for a wide variety of uses, including the possibility of adding additional residential units. Ideal for a contractor or small business seeking a live/work setup, or the option to lease the residential space for additional income. See attached document for seller's concepts for the property. Building currently has two Solar Edge panels and systems installed, at a cost of $70,000. These systems should provide all needed electricity to new building at no cost (Duke Energy grid connection fee is applicable but is often covered by excess generation). The building is wired for an Electric car charger and heavy equipment such as car lift/truck lift. On/off ramps for I-69 interstate nearby.

Investment highlights

Mixed use new construction near IU Stadium; new building has 5,470 SF (see attached floorplans) and original home that needs renovation has 1260 SF. Property is visible from SR 45/46 Bypass. Zoned Mixed-Use Medium Scale, allowing for a wide variety of uses, including the possibility of adding additional residential units. Ideal for a contractor or small business seeking a live/work setup, or the option to lease the residential space for additional income. See attached document for seller's concepts for the property. Building currently has two Solar Edge panels and systems installed, at a cost of $70,000. These systems should provide all needed electricity to new building at no cost (Duke Energy grid connection fee is applicable but is often covered by excess generation). The building is wired for an Electric car charger and heavy equipment such as car lift/truck lift. On/off ramps for I-69 interstate nearby.

Listing Contacts

JR
IN RB14012351
Realty Professionals
Listed by Realty Professionals

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Additional Information

Name
Jim Regester
License
RB14012351
Brokerage
Realty Professionals
Brokerage Phone
8126503600
Brokerage Address
328 South Walnut Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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