1616 W Third Street Bloomington, IN $ 1,100
1616 W Third Street
$ 1,100
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1616 W Third Street

Bloomington, IN, 47404
$ 1,100
Baths0.0 Sq 1,200
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Studio

Property for Rent in Bloomington, IN

for $1,100. This 1,200 square foot property was built in 1977 on a lot size of 0.52.

Take over the LEASE and have the opportunity to own a Business (established Roly Poly) in Westplex! (Subject to lease terms established by landlord and the terms of the Roly Poly franchise.) Sublet (owner) would have to take over the lease agreement for this location as well as the second location at Ivy Tech. (See MLS# 535401) By taking over the two lease agreements, this is a rare opportunity for those that would like to own TWO restaurants with a small amount of capital! Roly Poly specializes in rolled sandwiches, soups, and salads as well as catering services throughout the Bloomington area. Both locations are on the west side of Bloomington and offer a unique opportunity for an operator that is looking for low overhead costs relative to most other restaurant franchises. Per franchise rules, there's an additional $7500 fee PER location ($15,000 total) for training and transitioning to be added to the price of the sale. Lease take over of both locations with the cost of both businesses would be a total expense of $190,000.

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Rental Active

Price

$ 1,100

Bedrooms

Studio

Taxes

$ 0

Style

Restaurant/Bar

Lot Size

0.52

Year Built

1977

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202403133

Features
General
Ceiling Height 15
Parking Yes Lot
Sewer City
Cooling Central Air
# of Buildings 1
Status Active Active
New Construction No
Subdivision Southwest Bloomington City
Stories 1
Township Bloomington
Class COMMERCIAL FOR LEASE
Age 47
Special Features Refrigeration/Freezer
Area Monroe County
Year Built 1977
City Bloomington
Street Name Third
Legal Description 013-53450-00 Westplex Park Lot 1
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202403133
Agent First Name Lorraine
Agent Last Name Fowler
DOM 85
Tax Year 2024
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Exterior
Road Access City
Exterior Other
Lot Dimensions Irregular
Lot Size Area 0.52
Parking Type Parking lot
Waterfront Y/N No
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Interior
Flooring Mixed
Basement/Foundation Other
Walls Drywall
Heating/Fuel Forced Air
Total Restrooms 1
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* Excluded Features
List By
Lorraine Fowler

Listing Agent

Re/Max Acclaimed Properties

Broker

lorraine.fowler@homefinder.org

Email

Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$1,000 Listed Price

Map


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1616 W Third Street, Bloomington, IN, 47404 is a Property for Rent at $1,100 with 1,200 sqft and a lot size of 0.52. 1616 W Third Street is a studio with 0.0 baths and was built in 1977. The property's zip code is 47404 which is in Bloomington, IN