5340 & 5350 S Old State Road 37 Bloomington, IN 47401
Other
MLS #: 202623980
Courtesy Of Jim Stafford Real Estate
Property InformationDescription
Two-parcel commercial investment opportunity on Bloomington's south side with high visibility along S. Old State Road 37, just south of Kroger South and Wendy's. Property includes two leased buildings with a shared asphalt parking lot. 5340 S. Old State Road 37, built in 1997, features four 900 SF office suites, each with a half bath, and 5350 S. Old State Road 37, built in 1956, features a 4,320 SF retail building with partial basement and two half baths. Current uses include tattoo studio, real estate office, appraisal office, massage/wellness suite, and a retail liquidation/resale business. All 5 spaces are currently occupied, owner-provided rent roll shows current monthly rent of $5,433.50 and annual rent of $65,202. Commercial tenants pay utilities, taxes and snow removal; landlord pays building insurance, grass cutting, and building repairs. Two parcels to be sold together. Lease terms, deposits, expenses, and rent details to be verified by buyer during due diligence. "No For Sale Sign"
Features
- Age: 21-30 Years Old
- Cooling System: Central Air
- Floor Covering: Laminate
- Floor Covering: Tile
- Legal Description: Lots Numbered Thirty-six (36) and Thirty-seven (37) in Walnut Acres
- MLSID: 202623980
- Roof Type: Metal
- Rooms: Basement
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