Iconic Downtown Bloomington Building
Prime downtown Bloomington location near Indiana University and Courthouse Square
Marketing description
Prime downtown Bloomington commercial opportunity offering approximately 8,300 SF in one of the city’s most active entertainment and mixed-use corridors. Located just blocks from the Courthouse Square and within walking distance to Indiana University, the property benefits from exceptional visibility, strong foot traffic, and proximity to a dense student and residential population.
The building underwent extensive renovations including a newer rubber roof, updated HVAC systems and ductwork, renovated restrooms, upgraded electrical and plumbing systems, and fire suppression improvements. Additional features include a commercial kitchen infrastructure, multiple walk-in coolers, overhead garage door access, private office space with full bath, laundry area, and flexible open-span interior construction with minimal columns.
Zoned MD-DC (Mixed-Use Downtown Core), the property offers exceptional adaptability for a variety of commercial uses including restaurant/bar concepts, brewery or distillery, entertainment venue, event space, fitness or recreation facility, retail showroom, office conversion, creative workspace, or mixed-use redevelopment.
Investment highlights
- Prime downtown Bloomington location
- Walking distance to Indiana University
- Approx. 8,300 SF open-span building
- Extensive capital improvements completed
- MD-DC zoning allows diverse uses
- Existing commercial kitchen infrastructure
- Strong entertainment and hospitality corridor
- Seller Financing possible at 3.99% interest rate for qualified Buyers
- Adaptive reuse and redevelopment potential
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