319 S Madison Street Bloomington, IN ^$ 3,250,000

319 S Madison Street

^$ 3,250,000

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319 S Madison Street

Bloomington, IN, 47403

^$ 3,250,000

Studio Baths1.0 Sq 7,700

Monthly Estimate*

^$ 22,702

319 S Madison Street, Bloomington, IN 47403 - Image 1

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319 S Madison Street, Bloomington, IN 47403 - Image 9

319 S Madison Street, Bloomington, IN 47403 - Image 10

319 S Madison Street, Bloomington, IN 47403 - Image 11

319 S Madison Street, Bloomington, IN 47403 - Image 12

319 S Madison Street, Bloomington, IN 47403 - Image 13

319 S Madison Street, Bloomington, IN 47403 - Image 14

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Studio

Commercial Property for sale in Bloomington, IN

for $3,250,000 with 1 full bath. This 7,700 square foot building was built in 1900 on a lot size of 0.83.

Prime development opportunity in the heart of downtown Bloomington! This property features frontage on both W 3rd Street and S Madison Street and is adjacent to the Monroe County Convention Center. It is easily within walking distance to all that downtown Bloomington has to offer as well as the campus of Indiana University, and is just steps away from the B-Line Trail. The property is currently zoned Mixed Use Downtown with Downtown Edges Overlay which allows for a variety of uses. Potential uses include, but are not limited to, Multi-Family, Lodging and Retail.

Commercial Active

Price

^$ 3,250,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 8,616

Style

Mixed Use

Lot Size

0.83

Year Built

1900

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202330477

Features

General

Heating Electric Gas Forced Air Wall Heater

Cooling Other

Ceiling Height 14 +/-

Roof Metal Rubber

Parking Yes Off-Street Street

Sewer City

# of Buildings 1

Status Active Active

Bathrooms 1

Year Built 1900

New Construction No

Subdivision None

Stories 1

Township Perry

Class COMMERCIAL

Type Mixed Use

Age 123

Special Features Other

REO No

Area Monroe County

Location City Near College Campus Near Walking Trail

City Bloomington

Street Name Madison

Legal Description 013-07360-00 FRACT OUTLOT PT 24 015-09700-00 Seminary Pt Lot 34 015-14110-00 Seminary Pt Lot 34

Virtual Tour https://www.youtube.com/watch?v=gMTkrUpABbc

Agent First Name AJ

Agent Last Name Bowlen

DOM 259

Tax Year 2023

Exterior

Road Access City

Exterior Block Brick Vinyl

Lot Size Area 36155

Lot Dimensions 0

Parking Type On and off street

Waterfront Y/N No

Interior

Flooring Concrete

Basement/Foundation None

Walls Block

* Excluded Features

List By

AJ Bowlen

Listing Agent

Re/Max Acclaimed Properties

Broker

aj.bowlen@homefinder.org

Affordability Calculator

$23,420

Per Month

Monthly Principal & Interest: $22,702
Monthly Property Taxes: $718
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bloomington, IN

Average List Price ^$1,437,624

Percent of Sale Price 56%

About Bloomington, IN

85,394 Population

21% Since 2002

^$37,587 Median Income

23.35 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/24/2023	$3,250,000		Listed Price

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319 S Madison Street, Bloomington, IN, 47403 is a Commercial Property for sale at $3,250,000 with 7,700 sqft and a lot size of 0.83. 319 S Madison Street is a studio with 1.0 baths and was built in 1900. The property's zip code is 47403 which is in Bloomington, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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 updated as of 5/15/2024.

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319 S Madison Street

Commercial Property for sale in Bloomington, IN

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