www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34151075

405 W WASHINGTON ST, BLOOMINGTON, IL 61701 For Sale

MO
Bloomington IL 475159841
Axis 360 Commercial Real Estate Specialists
MO
Bloomington IL 475128028
Axis 360 Commercial Real Estate Specialists
Listed by Axis 360 Commercial Real Estate Specialists
$275,000
16 days on market
Updated 15 days ago

405 W WASHINGTON ST # 407 BLOOMINGTON IL 61701

Details
APN 21-04-307-004
Property Type Mixed Use
Square Footage 5,760
Units 1
Price per SqFt $48
Buildings 1
Stories 1
Acreage 0.130
Zoning D2
Ground Lease No

Downtown Flex | Retail Building | For Sale

Marketing description

Located just west of Bloomington’s Downtown corridor, 405 W. Washington Street offers a unique opportunity for a small retail user, boutique shop, creative studio, service business, or professional office concept.

The property sits directly across from the Regional Alternative School and the former Pantagraph building, which is undergoing a major $26 million renovation expected to bring Lifelong Access, Chestnut Health Services, the Regional Office of Education, Midwest Food Bank, and other community-focused services to the area. The building is also just one block from Grossinger Motors Arena, placing it near a growing mix of civic, office, residential, and entertainment activity.

Most recently used for glass blowing and other artistry work, the building is well suited for a variety of flexible uses. The layout includes a small front showroom or checkout area, three private offices, open work/production space, one functional restroom, and fully heated and air-conditioned interior space. Building features include an abundance of power, drop ceilings, terrazzo flooring in the warehouse/work area, two rooftop HVAC units, and a new roof installed in November 2025.

Surrounded by professional offices, residential dwellings, community service providers, and Downtown amenities, this property presents an excellent opportunity for an owner-user or investor seeking a functional, adaptable building in a highly active Bloomington location.

Surrounded by professional offices, residential dwellings, community service providers, and Downtown amenities, this property presents an excellent opportunity for an owner-user or investor seeking a functional, adaptable building in a highly active Bloomington location.

Investment highlights

Most recently used for glass blowing and other artistry work, the building is well suited for a variety of flexible uses. The layout includes a small front showroom or checkout area, three private offices, open work/production space, one functional restroom, and fully heated and air-conditioned interior space.

Building features include an abundance of power, drop ceilings, terrazzo flooring in the warehouse/work area, two rooftop HVAC units, and a new roof installed in November 2025.

Listing Contacts

MO
Bloomington IL 475159841
Axis 360 Commercial Real Estate Specialists
MO
Bloomington IL 475128028
Axis 360 Commercial Real Estate Specialists
Listed by Axis 360 Commercial Real Estate Specialists

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591