Listing courtesy of Realty Professionals · Listing agent: Jim Regester · Offc: 812-650-3600

ActiveIndustrial

125 S Westplex Avenue

$725,000

$85.29 / sq ft

Bloomington, IN 47404Southwest Bloomington City

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Bathrooms: 3
Lot: 0.51 ac
Year built: 1997
Type: Industrial
Listed: February 17, 2025
MLS #: 202504964

About this home

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.

Property details

Interior

Stories: 2
Finished area above grade: 8,500 sq ft
Basement: Slab
Flooring: Concrete, Finished, Carpet, Wood
Heating: Electric
Cooling: Central Air

Exterior & parking

Construction: Aluminum Siding
Roof: Asphalt
Parking: Garage, Parking Lot, Paved
New construction: No

Waterfront & lake

Waterfront: No

Lot

Subdivision: Southwest Bloomington City
Lot size (acres): 0.51 ac
Lot dimensions: irregular
Inside city limits: Yes
County: Monroe County
Township: Bloomington
Road frontage: City Street
Platted: Yes
Planned unit development: No
Directions: W 3rd just west of Patterson to Westplex. North to 125 S Westplex.

Taxes & terms

Annual taxes: $13,239
Tax abatement: No
Listing terms: Cash, Conventional
Possession: Negotiable
Parcel number: 53-05-32-310-011.000-005

Included in the sale

Included in sale: Building

Utilities

Water: City
Sewer: Public Sewer

Income & commercial

Parking spaces: 16
Water meters: 2
Ceiling height: 20

Location

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