Hotels /IN /Monroe County /Bloomington /2601 N Walnut St
Hotels /IN /Monroe County /Bloomington /2601 N Walnut St

2601 N Walnut St - Hospitality FOR SALE


Bloomington, IN 47404 | 
$4,350,000 USD
800-276-2400
2601 N Walnut St, Bloomington, IN for Sale
$4,350,000 USD
Hospitality - FOR SALE
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2601 N Walnut St
Bloomington, IN 47404

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HIGHLIGHTS

  • Cascades Inn Hotel Bloomington, IN

OVERVIEW

3.36 Acre site currently used as 85 room motel located on the gateway to Bloomington near the IU Stadium. Option to purchase with 1.63 Acre vacant lot to the north(2607 N Walnut St) for additional $900,000. Possible redevelopment for Multi-Family use.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$102 USD /SF

# OF ROOMS

97

PRICE/ROOM

$44,845 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cascades Inn Bloomington

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1961

PARKING SPACES

67

LAND DETAILS

LAND ACRES

4.5 AC

LAND SF

196,020 SF

ZONING

Commercial

APN/PARCEL ID

53-05-28-202-002.000-005

ASK ABOUT THIS PROPERTY

James RegesterRE/MAX Realty ProfessionalsMore Info
800-276-2400

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James RegesterRE/MAX Realty ProfessionalsMore Info
800-276-2400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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