Specialty Properties in Bloomington, Illinois offer a unique investment opportunity for those looking to diversify their portfolio. With a strong local economy driven by major industries such as insurance, financial services, and food manufacturing, Bloomington provides a stable foundation for Specialty Properties. These properties can represent a range of investments, from commercial and industrial spaces to unique properties like the Beer Nuts manufacturing facility. Bloomington's amenities, including the Miller Park Zoo, the Bloomington Ice Center, and the Den at Fox Creek golf course, make it an attractive location for businesses and residents alike. The city's infrastructure, including Interstate 55, Interstate 74, and U.S. Route 51, provides easy access to major transportation hubs. With a population of around 170,000 in the Bloomington-Normal metropolitan area, there is a steady demand for Specialty Properties. The city's rich history and cultural attractions, such as the Illinois Shakespeare Festival and the Lincoln's Bloomington Festival, also make it an attractive location for businesses and residents.
Currently, there are 6 Specialty Properties available for sale in Bloomington, with an average price per square foot of $489 USD and an average size of 12,876 square feet. The largest Specialty Property available is 53,650 square feet. In addition to Specialty Properties, Bloomington also offers a range of other property types, including Shopping Centers, which can be found along the city's major roads, such as Interstate 55 and U.S. Route 51. Land is also available for development, with opportunities for commercial and industrial projects. Office Properties are another option, with many located in the downtown area, near the Bloomington Center for the Performing Arts. Warehouses are also available, with some located near the Central Illinois Regional Airport. With its diverse range of property types and strong local economy, Bloomington is an attractive location for investors and businesses alike.
What financing options are available for specialty property purchases?
When it comes to financing specialty property purchases in Bloomington, Illinois, there are various options available. For instance, commercial real estate loans (CRE loans) can provide the necessary funding for investors and business owners looking to acquire unique properties, such as those listed among the 6 available specialty properties in Bloomington, with an average price per square foot of $489 USD and average size of 12,876 square feet.
Learn more about CRE loans and how they can help you achieve your commercial real estate goals at commercial real estate loans. Additionally, it's essential to consult with a financial expert or commercial real estate broker to determine the best financing options for your specific needs and investment goals.
