1015 W Gourley PIKE new

Bloomington,IN 47404

$ 300000

- Bed

- Bath

800 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $375

MLS Listing ID 22066197

Tax Year 2024

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Mixed Use

Property Description

Location! Location! Location! This exceptional 0.78-acre lot presents a prime opportunity for development or investment, strategically zoned for "Mixed Use" with a code of three family residential. The property currently features three existing dwellings, offering immediate rental income potential from one of them or a foundation for future renovations from your vision for the property. Its highly desirable location is a significant asset, situated just minutes from the bustling campus of Indiana University, ensuring a consistent demand for housing and commercial services. Furthermore, the property benefits from excellent visibility and accessibility, with a major highway clearly in sight, facilitating easy commutes and attracting commercial interest. This prominent location provides a distinct advantage for businesses seeking high traffic exposure and convenient access. The "Mixed Use" zoning designation offers a broad spectrum of possibilities, allowing for a combination of residential and commercial, subject to local regulations. A great piece of property for someone with a great vision!

Location

State IN

County Monroe

Zoning Bloomington

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected

Roof Type Shingle

Building

New Construction false

Schools

School District Monroe County Community Sch Corp

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