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
Baths0.0 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 3
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319 S Madison Street, Bloomington, IN 47403 - Image 10
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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. 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.

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Commercial Active

Price

$ 3,250,000

Bedrooms

Studio

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

21940091

Features
General
Utilities Electricity Connected Gas Sewer Connected Water Connected
Possession Closing
Zoning Mixed Use Downtown MD-DE
Year Built 1900
Township Perry
Property SubType Mixed Use
Tax Year 8616
Current Use Automotive Retail
Additional Parcels Description 015-14110-00 Seminary Pt Lot 34 and 013-07360-00 FRACT OUTLOT PT 24
County Monroe
New Construction N
Property Type Commercial Sale
Subdivision Name No Subdivision
Status Active
Directions From downtown going south on College turn right onto W 3rd then left onto Madison. Property is located at the corner of W 3rd and S Madison.
City Bloomington
Buyer Agent Compensation 1.5
High School District Monroe County Community Sch Corp
MLS Area 5307 - Monroe - Perry
Lot Size Square Feet 0
Street Name Madison
Additional Parcels Y/N Y
Virtual Tour https://www.youtube.com/watch?v=gMTkrUpABbc https://www.youtube.com/watch?v=DggTsB_d550
Days on Market 6
Standard Status Active
Tax Lot 53-08-05-100-139.000-009
Buyer Agent Compensation Type %
Legal Description 015-09700-00 Seminary Pt Lot 34 013-07360-00 FRACT OUTLOT PT 24 015-14110-00 Seminary Pt Lot 34
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Exterior
Building Area Total 7700
Lot Size Acres 0.83
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Interior
Street Suffix Street
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* Excluded Features
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Re/Max Acclaimed Properties

Broker

aj.bowlen@homefinder.org

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Affordability Calculator

$23,420
Per Month
97%
3%
0%
Monthly Principal & Interest
$22,702
Monthly Property Taxes
$718
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044917 Elementary School
4044921 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2023$3,250,000 Listed Price

Map


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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 0.0 baths and was built in 1900. The property's zip code is 47403 which is in Bloomington, IN