419 N Walnut
Bloomington, IN 47404

Rate Upon Request

Storefront For Lease • 8,273 SF

Property Details

Property Type Storefront
Year Built 1980
Total Building Size 8,800 SF
Tenancy Single
Building Class B
Zoning MD-DC

38 Transit Score

91 Walk Score

1 Space Available

Name

Space Use

Size

Rent

Details

1st Floor Ste

Retail

8,273 SF

Rate Upon Request

GOLDEN OPPORTUNTIY TO PURCHASE OR LEASE WITH OPTION TO BUY- AN ICONIC DOWNTOWN BLOOMINGTON PROPERTY! Located just a few blocks from the Courthouse Square and a short walk to the campus of Indiana University (48,000 record student enrollment in 2024.)

SELLER FINANCING BEING OFFERED AT BELOW MARKET- 5.5% INTEREST RATE! Contact Broker for details.

With +/- 8250 square feet, this BUILDING has historically played a prominent role in the evolution of Bloomington’s vibrant Downtown District. Prime Walnut Street frontage features lots of natural daylight flowing throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. This Property was last sold in 1986.

BUILDING went through a Total Renovation in 2017 that included: New 30-year rubber roof, updated exterior including doors and windows, replacement of all 5 rooftop HVAC units and interior duct work plus new bathrooms. Private office with full bath and multiple storage areas. All electrical, plumbing and fire suppression systems were also replaced. Additional improvements include a full kitchen, several walk-in coolers, and an overhead garage door. Even has a laundry room.

In prior years as a Nightclub, legendary artists including Mellencamp, Stevie Ray Vaughan, REM, and Bo Diddley plus many national and local acts have entertained at this venue. Additionally, it has enjoyed being a popular hangout for IU Basketball and other televised sporting events. With its spacious accommodations, it has hosted many private bookings, parties, and social events.

The possibilities are endless… Restaurant, Bar, Brewery, Distillery, Dance Club, Rec Center, Gaming, Retail, or even Offices. Lots of space to make your entrepreneurial dreams come true! Blueprints are available through local architectural firm.

Date available: Now
Lease term: Negotiable
Service type: To Be Determined
Space Type: Relet

Description

This Property is located just a few blocks from the Bloomington Courthouse Square and is walking distance to the campus of Indiana University. Prime downtown location that last sold in 1986. With over 8000 square feet, this Building has always played a prominent role in the evolution of Bloomington’s vibrant Downtown District and was recently the home of a brewing company. The building went through a total renovation in 2017 that included: a new rubber roof, new exterior including doors and windows, replacement of all HVAC units and duct work, new bathrooms along with a private office with full bath and multiple storage areas. All electrical, plumbing and fire suppression systems were also replaced. Additional improvements include a full kitchen, several walk-in coolers, and an overhead garage door. Even has a laundry room. Lots of natural daylight flows throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities.

In years past as a music nightclub, legendary artists including John Mellencamp, Stevie Ray Vaughan, and Bo Diddley along with national and local acts performed at this venue. Additionally, it has always enjoyed being a hub for all IU basketball and other televised sporting events along with being a favorite location for private bookings and social event.

The possibilities are endless for this property. This property could be a Recreation/Community Center, Fitness Center, Retail. Lots of space to make your entrepreneurial dreams come true!