Price Reduction
Address
217 S Lincoln Street Bloomington, IN
Price
$ 2,500,000
Property Attributes
  • MLS#202030566
  • TypeCommercial
  • CountyMONROE
  • CityBloomington
  • AreaBloomington
  • Zip47408
  • StyleMixed Use
  • Year Built1980
  • Taxes$ 25967
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms15
  • Half Bathrooms0
  • Sqr Footage15040
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Jeff Brawley with Weichert, Realtors - The Brawley Group
Data Source:
Indiana Regional MLS (IRMLS) - 202 - IN
Property Description

Investment opportunity close to downtown and Indiana University! This property features 8 studio apartments and one penthouse that contains five bedrooms. All of the apartments have updated appliances, counter tops and flooring! Residential units are partially leased for the 20-21 school year. The main floor facing 3rd Street has three commercial spaces with two restaurants and a hair salon. Showings require 24 hour notice!

Price History
8/5/2020 Listed $2,700,000
5/4/2021 4% - $2,600,000
7/8/2021 4% - $2,500,000

General Features

# of Buildings 1
Age 41
Agent First Name Jeff
Agent Last Name Brawley
Bathrooms 15
Ceiling Height 10
Cooling Central Air
Flooring Carpet, Vinyl Tile
Heating Electric
Legal Description 013-49540-00 Orig Plat W1/2 Lots 15 & 16
Listing Area Monroe County
New Construction No
Parking Lot
Parking Yes
REO No
Roof Asphalt
Sewer City
Special Features Office Space
Status Active
Status Active
Stories 3
Tax Year 2020
Type Mixed Use
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202030566
Year Built 1980

Interior Features

Basement Y/n No
Basement/Foundation None
Burglar Alarm Y/n No
Fire Protection City
Interior Height 10
Smoke/fire Alarm Y/n Yes
Subdivision None
Walls Drywall
Water Heater Y/n Yes

Exterior Features

Approx. Lot Size Acres 0.2
Construction Type 1 wood frame
Exterior Stone
Lot Dimensions Irregular
Lot Size Area 8712
Number of Parking Spaces 8
Parking Type On-site
Road Access City
Security Light Y/n Yes
Sprinkler System Y/n Yes
Water Softener Y/n No
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on July 23, 2021 5:07 PM UTC

Property vs Commercial Average in 47408

Price
AVG $1.2M
$2.5M
Taxes
AVG $18,481
$25,967
Visits
AVG 32
38
Year Built
AVG 1984
1980
Walkscore
AVG 59
92
Data Provided by Walkscore ® not using MLS data

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