Bloomington, IN 47404 204 N Walnut Street
$1,200,000
8 more
Presented By: Dave Harstad with Colliers International;
Home Details
Complete offering package available on the flyers (lower right corner). Just steps from the Courthouse and Indiana University, the iconic Princess Theater is rich in history and has been a beloved fixture in the community for decades. The property is a perfect opportunity for an owner-user to purchase a fully built-out restaurant space with the added benefit of consistent income from the apartment units above. Commercial Space: 5,047 SF of commercial space, previously operated as a restaurant/bar with full commercial kitchen, private event room, bar seating, and manager’s office. Apartments: 3 fully occupied apartments on the upper level that currently generate $5,500/month income (which goes a long way toward covering expenses/loan payments for the building). FFE: Furniture, Fixtures, & Equipment (FF&E) from previous restaurant operation and Airbnb unit are INCLUDED in the price. A 3-way ATC permit is available for an additional cost. Disclosure: capital repairs are needed, including repairing the front facade terra cotta.
Presented By: Dave Harstad with Colliers International;
Interior Features for 204 N Walnut Street
Other Interior Features
Basement Y/NNo
Burglar Alarm Y/NYes
Interior Height18
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity
Equipment Y/NYes
Basement/FoundationSlab
FlooringMixed
WallsDrywall
General for 204 N Walnut Street
# of Buildings1
Age132
Agent First NameDave
Agent Last NameHarstad
Annual Taxes23621
AreaMonroe County
Associated Document Count1
Auction Y/NNo
Bathrooms6
Ceiling Height18
CityBloomington
ClassCOMMERCIAL
CoolingCentral Air
DOM122
FIPS Code18105
HeatingForced Air
Inside City LimitsYes
Legal DescriptionORIG PLAT PT 229
New ConstructionNo
ParkingNo
ParkingNone
REONo
RoofRubber
SewerCity
Special FeaturesFreight Elevator
StatusActive
StatusActive
Status Detail0
Stories3
SubdivisionNortheast Bloomington City
Tax Year2024
TownshipBloomington
TypeRestaurant/Bar
Virtual TourClick here
Year Built1892
Exterior for 204 N Walnut Street
Approx. Lot Size Acres0.061
Construction Type 1Concrete and steel
ExteriorBlock, Brick, Other
Ingress/EgressAsphalt
Lot Dimensions40x60
Lot Size Area2657
Road AccessCity
Security Light Y/NYes
Sprinkler System Y/NNo
Water Softener Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Alyssa Covarrubias
REALTOR