1305 1/2 W 11th Street, Bloomington IN 47404 Photo 1 1305 1/2 W 11th Street, Bloomington IN 47404 Photo 2 1305 1/2 W 11th Street, Bloomington IN 47404 Photo 3 1305 1/2 W 11th Street, Bloomington IN 47404 Photo 4

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1305 1/2 W 11th Street - If you are looking for an affordable place in town to house your business equipment, have a repair shop or just use for extra storage, this is the place. This nice .49 acre lot has 2 very well built garages that are currently being leased to long term Tenants who use them for extra storage for their businesses. The garage known as building A has a month to month Tenant that leases the 1120 sq. ft. garage "built in 1990" for $550 per month "which should be more" and the garage known as Building B has 962 sq. ft. "built in 1996" and is leased until July of 2018 for $400 per month "which should be more". Seller has never raised the lease prices on these long term Tenants. There is also a box trailer on the property that is currently being used as the owners office. There is plenty of room to expand on the front of each building if needed. Both buildings have a bathroom and their own electric and gas meters. Building A also has an office space. This would make the perfect place to store your lawn equipment for a lawn care business. Seller is willing to sell on contract with a 20% down payment and reasonable terms. Virtual Tour

Listing information

  • MLS® ID: 201731461
  • Status: Active
  • Foreclosure: No
  • Taxes: $1,392
  • Style: Industrial/Manufacturing
  • Stories: 1
  • Lot Area: 0.49
  • Year Built: 1990
  • New Construction: No
  • Lot Size: 218.59 x 90 & 165 x 10

Features

Auction Y/N No
BASEMENT/FOUNDATION None
Burglar Alarm Y/N No
COOLING Other
Currently Leased Y/N Yes
DOCUMENTS AVAILABLE Aerial Photo, Plat Map
Equipment Y/N No
EXTERIOR Vinyl
Fire Doors Y/N No
FIRE PROTECTION City
FLOORING Concrete
HEATING/FUEL Gas
INTERIOR WALLS Drywall
Lease Available Y/N Yes
Other Approx. Lot Size SqFt - 21344, Bldg1 Above Grd SqFt - 1120, Bldg1 Below Grd SqFt - 0, Bldg1 Fin. Office SqFt - 250, Bldg1 Story - 1, Bldg2 Above Grd SqFt - 962, Bldg2 Below Grd SqFt - 0, Bldg2 Fin. Office SqFt - 0, Bldg2 Story - 1, Ceiling Height - 10, Interior Height - 10, Number of Buildings - 2, Parking Type - Gravel Lot
PARKING Garage, Gravel, Lot, Off-Street, Private, Yes
Planned Unit Dev. Y/N No
Property SubType Industrial
REO Y/N No
Road Access City
ROOF MATERIAL Shingle
SALE INCLUDES Building, Land
Security Light Y/N No
SEWER Septic
Signs Y/N No
Smoke/Fire Alarm Y/N Yes
SPECIAL FEATURES Delivery Door, Office Space, Overhead Door 2
Sprinkler System Y/N No
Water Heater Y/N Yes
Water Softener Y/N No
WATER UTILITY City
Waterfront Y/N No
Listing Courtesy of Marci Bowlen of Bruce Storm Real Estate & Mgmt.