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Listed by Jim Regester • Realty Professionals • Offc: 812-650-3600
$ 1,080,000
Est. payment /mo
Active
1235 W Gourley Pike Bloomington, IN 47404
1.34 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202615768
Year Built 2026
Annual Tax Amount $3,193
Lot Size 1.340 Acres
Property Sub-Type Mixed Use
Property Description
Mixed use new construction near IU Stadium; new building has 5,470 SF (see attached floorplans) and original home that needs renovation has 1260 SF. Property is visible from SR 45/46 Bypass. Zoned Mixed-Use Medium Scale, allowing for a wide variety of uses, including the possibility of adding additional residential units. Ideal for a contractor or small business seeking a live/work setup, or the option to lease the residential space for additional income. See attached document for seller's concepts for the property. Building currently has two Solar Edge panels and systems installed, at a cost of $70,000. These systems should provide all needed electricity to new building at no cost (Duke Energy grid connection fee is applicable but is often covered by excess generation). The building is wired for an Electric car charger and heavy equipment such as car lift/truck lift. On/off ramps for I-69 interstate nearby.
Location
State IN
County Monroe County
Area Monroe County
Zoning MM - Mixed-Use Medium-Scale
Direction Head north on S Walnut St. Turn left onto SR 45 South, continue for 0.7 miles and then take the ramp towards Arlington Rd. Turn left onto Arlington Rd, and then take another left turn onto W Gourley Pike. The property will be on your right.
Interior
Flooring Concrete, Other
Appliance Building, Other
Exterior
Roof Type Shingle
Building
Story 1
New Construction Yes
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202615768
IDX information provided by the Indiana Regional MLS