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Building Size: ±3,276 SF Zoning: R3 – Residential Small Lot Located just minutes from downtown Bloomington and within walking distance to the city’s new Trades District, this property offers a rare opportunity for investors or developers seeking a prime redevelopment or income-producing project. The building features a flexible, multi-level layout: First Floor: 2 bedrooms – ideal for a private residence or rental unit Second Floor: 4 bedrooms – excellent for multi-tenant occupancy or conversion potential Third Floor: Space for up to 2 additional bedrooms, creating value-add opportunity through renovation or expansion Includes a fire staircase for convenient and compliant multi-floor access With its R3 zoning, the property allows for residential small-lot development, making it suitable for multi-family housing, student rentals, or a high-quality renovation project. The proximity t...
Building Size: ±3,276 SF Zoning: R3 – Residential Small Lot Located just minutes from downtown Bloomington and within walking distance to the city’s new Trades District, this property offers a rare opportunity for investors or developers seeking a prime redevelopment or income-producing project. The building features a flexible, multi-level layout: First Floor: 2 bedrooms – ideal for a private residence or rental unit Second Floor: 4 bedrooms – excellent for multi-tenant occupancy or conversion potential Third Floor: Space for up to 2 additional bedrooms, creating value-add opportunity through renovation or expansion Includes a fire staircase for convenient and compliant multi-floor access With its R3 zoning, the property allows for residential small-lot development, making it suitable for multi-family housing, student rentals, or a high-quality renovation project. The proximity to Bloomington’s downtown amenities and the growing Trades District enhances both its long-term value and investment appeal.
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