Atwater AveBloomington, IN 47401

For Sale
$2,808,000

High-yield, fully leased, prime location.

Overview

Added:
Feb 3
Days on market:
37
This exceptional investment property, located at 1000 & 1002 E Atwater Avenue in Bloomington, Indiana, presents a rare opportunity to acquire a fully leased commercial asset in a highly desirable location near Indiana University. The property consists of two buildings with a combined 21 rooms, currently generating a substantial monthly rental income of $20,475. This income stream is projected to increase to $21,840 per month in August 2025, reflecting a strong upward trajectory. All leases are secured through July 2026, providing investors with dependable income and long-term stability. The property sits on a 0.2-acre lot and offers ample off-street parking, a significant advantage for tenants and contributing to the property's overall desirability. Its proximity to Indiana University ensures a consistent demand for rental space, making this an ideal investment for those seeking a premium, income-producing asset in a prime Bloomington location. The asking price for this exceptional opportunity is $2,808,000. This property offers a compelling combination of strong rental income, secure leases, and a prime location, making it an attractive investment prospect.

Property Details for Atwater Ave

Property type
Other commercial real estate
Year Built
1920
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Bloomington
County
Monroe
State
Indiana
Latitude
39.16425
Longitude
-86.5282
Atwater Ave, Bloomington, Indiana

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Atwater Ave
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