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Mixed-Use Medium Scale near IU Stadium 1235 W Gourley Pike 5,470 SF Industrial Building Bloomington, IN 47404 $1,466,640 CAD ($268.12 CAD/SF)
Investment Highlights
- Visible from SR 45/46 Bypass
- Newconstruction offering a value-add opportunity for additional residential units
- Zoned Mixed-Use Medium Scale, allowing for a wide variety of uses, including residential
Executive Summary
Mixed use new construction near IU Stadium; new building has 5,470 SF (see attached floorplans) and original home that needs renovation has 1260 SF. Property is visible from SR 45/46 Bypass. Zoned Mixed-Use Medium Scale, allowing for a wide variety of uses, including the possibility of adding additional residential units. Ideal for a contractor or small business seeking a live/work setup, or the option to lease the residential space for additional income. See attached document for seller's concepts for the property. Building currently has two Solar Edge panels and systems installed, at a cost of $70,000. These systems should provide all needed electricity to new building at no cost (Duke Energy grid connection fee is applicable but is often covered by excess generation). The building is wired for an Electric car charger and heavy equipment such as car lift/truck lift. On/off ramps for I-69 interstate nearby.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 53-05-29-301-001.000-005 | Total Assessment | $219,045 CAD |
| Land Assessment | $70,209 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $148,837 CAD | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
53-05-29-301-001.000-005
Land Assessment
$70,209 CAD
Improvements Assessment
$148,837 CAD
Total Assessment
$219,045 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025 Payable 2026
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Mixed-Use Medium Scale near IU Stadium | 1235 W Gourley Pike
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