$725,000

125 S Westplex Avenue, Bloomington, IN 47404

Commercial Property
Built in 1997
0.51acre lot
—— car garage
$——/sqft
Listed 8 months ago

Property Description

8500 sq.ft. zoned for light industrial 6000 SF production/shop area with 2500+/-SF office space, near westside for sale. 1.5 miles from I69 and 1 mile from Downtown Bloomington. Currently leased to a long term tenant until June 25th, 2027 with no options to renew. The yearly rent is $6/SF or $4,250/monthly plus taxes, ins, and CAMS which is over a 7% cap rate! Seller is Licensed Broker in Indiana.

Listing Status:: Active
Date Added:: February 17, 2025 at 06:00AM
Listing Office:: RE/MAX Realty Professionals : 812-323-1231
Listing Agent:: Jim Regester : 812-322-4446
MLS ID:: 202504964

Basement: Slab
Flooring: ConcreteFinishedPart CarpetWood
A/C: Central Air
Heating: Electric

General: AluminumThree PhaseOverhead Door 1Overhead Door 2
Parking: GarageLotPavedParking spaces: 16

Roofing: Asphalt

Zoning: 013-53450-06 WESTPLEX PARK LOT 7 & PT LOT 653-05-32-310-011.000-005

This listing courtesy of Jim Regester, RE/MAX Realty Professionals

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Fairview Elementary School

627 W 8th St, Bloomington, IN, 47404

Grades PK-6

0.81 miles away

Tri-North Middle School

1000 W 15th St, Bloomington, IN, 47404

Grades 7-8

0.92 miles away

The Academy of Science & Entrepreneurship

444 S Patterson Dr, Bloomington, IN, 47403

Grades 9-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.