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419 N Walnut
8,800 SF Retail Building Bloomington, IN 47404 $1,999,000 ($227/SF)
Executive Summary
SELLER FINANCING BEING OFFERED AT BELOW MARKET- 5.5% INTEREST RATE! Contact Broker for details.
With +/- 8250 square feet, this BUILDING has historically played a prominent role in the evolution of Bloomington’s vibrant Downtown District. Prime Walnut Street frontage features lots of natural daylight flowing throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. This Property was last sold in 1986.
BUILDING went through a Total Renovation in 2017 that included: New 30-year rubber roof, updated exterior including doors and windows, replacement of all 5 rooftop HVAC units and interior duct work plus new bathrooms. Private office with full bath and multiple storage areas. All electrical, plumbing and fire suppression systems were also replaced. Additional improvements include a full kitchen, several walk-in coolers, and an overhead garage door. Even has a laundry room.
In prior years as a Nightclub, legendary artists including Mellencamp, Stevie Ray Vaughan, REM, and Bo Diddley plus many national and local acts have entertained at this venue. Additionally, it has enjoyed being a popular hangout for IU Basketball and other televised sporting events. With its spacious accommodations, it has hosted many private bookings, parties, and social events.
The possibilities are endless… Restaurant, Bar, Brewery, Distillery, Dance Club, Rec Center, Gaming, Retail, or even Offices. Lots of space to make your entrepreneurial dreams come true! Blueprints are available through local architectural firm.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
GOLDEN OPPORTUNTIY TO PURCHASE OR LEASE WITH OPTION TO BUY- AN ICONIC DOWNTOWN BLOOMINGTON PROPERTY! Located just a few blocks from the Courthouse Square and a short walk to the campus of Indiana University (48,000 record student enrollment in 2024.) SELLER FINANCING BEING OFFERED AT BELOW MARKET- 5.5% INTEREST RATE! Contact Broker for details. With +/- 8250 square feet, this BUILDING has historically played a prominent role in the evolution of Bloomington’s vibrant Downtown District. Prime Walnut Street frontage features lots of natural daylight flowing throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. This Property was last sold in 1986. BUILDING went through a Total Renovation in 2017 that included: New 30-year rubber roof, updated exterior including doors and windows, replacement of all 5 rooftop HVAC units and interior duct work plus new bathrooms. Private office with full bath and multiple storage areas. All electrical, plumbing and fire suppression systems were also replaced. Additional improvements include a full kitchen, several walk-in coolers, and an overhead garage door. Even has a laundry room. In prior years as a Nightclub, legendary artists including Mellencamp, Stevie Ray Vaughan, REM, and Bo Diddley plus many national and local acts have entertained at this venue. Additionally, it has enjoyed being a popular hangout for IU Basketball and other televised sporting events. With its spacious accommodations, it has hosted many private bookings, parties, and social events. The possibilities are endless… Restaurant, Bar, Brewery, Distillery, Dance Club, Rec Center, Gaming, Retail, or even Offices. Lots of space to make your entrepreneurial dreams come true! Blueprints are available through local architectural firm.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,273 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 8,273 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 8,273 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
GOLDEN OPPORTUNTIY TO PURCHASE OR LEASE WITH OPTION TO BUY- AN ICONIC DOWNTOWN BLOOMINGTON PROPERTY! Located just a few blocks from the Courthouse Square and a short walk to the campus of Indiana University (48,000 record student enrollment in 2024.) SELLER FINANCING BEING OFFERED AT BELOW MARKET- 5.5% INTEREST RATE! Contact Broker for details. With +/- 8250 square feet, this BUILDING has historically played a prominent role in the evolution of Bloomington’s vibrant Downtown District. Prime Walnut Street frontage features lots of natural daylight flowing throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. This Property was last sold in 1986. BUILDING went through a Total Renovation in 2017 that included: New 30-year rubber roof, updated exterior including doors and windows, replacement of all 5 rooftop HVAC units and interior duct work plus new bathrooms. Private office with full bath and multiple storage areas. All electrical, plumbing and fire suppression systems were also replaced. Additional improvements include a full kitchen, several walk-in coolers, and an overhead garage door. Even has a laundry room. In prior years as a Nightclub, legendary artists including Mellencamp, Stevie Ray Vaughan, REM, and Bo Diddley plus many national and local acts have entertained at this venue. Additionally, it has enjoyed being a popular hangout for IU Basketball and other televised sporting events. With its spacious accommodations, it has hosted many private bookings, parties, and social events. The possibilities are endless… Restaurant, Bar, Brewery, Distillery, Dance Club, Rec Center, Gaming, Retail, or even Offices. Lots of space to make your entrepreneurial dreams come true! Blueprints are available through local architectural firm.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 53-05-33-300-045.000-005 | Improvements Assessment | $496,000 |
| Land Assessment | $261,400 | Total Assessment | $757,400 |
PROPERTY TAXES
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419 N Walnut
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