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2525 W Fountain Drive

Bloomington, IN 47404
  • $249,900
  • STATUS: Cont-AccptngBackupOffers
  • ON SITE: 118 Days
  • MLS #: 202417669
UPDATED: 59 min ago
$249,900
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 800
    SQFT
Neighborhood:
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Listing provided by Andy Walker of RE/MAX Acclaimed Properties: Cell: 812-325-1290.

Description

Extremely multifunctional property 5 minutes from downtown Bloomington! Recently used by owner as an Airbnb on the upper level and a cleaning service on the lower level this ranch over a basement on over an acre of ground has many angles of use. The current structure has multiple business uses as the ME zoning allows for commercial and multifamily on the site. There's an amazing amount of parking that can accommodate another structure being built that has commercial and multifamily use as part of the allowed zoning. The current Airbnb use generated approx.. 15k last yr being used to approx. a third of the capacity in terms of dates available(owner only used as much as they could clean and restock on a regular basis themselves). Dont miss the possibilities this ranch over a basement accommodates in terms of revenue generation. In addition to the commercial aspects this would also allow you to live in house and lease the lower level. So many possibilities!!!

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2024-09-13T09:29:05.207.

www.parkerteamhomes.com/homes/150652345
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2525 W Fountain Drive Bloomington, IN 47404

  • Price: $249,900
  • Status: Cont-AccptngBackupOffers
  • On Site: 118 Days
  • Updated: 59 min ago
  • MLS #: 202417669
0
Beds
0
Baths
0
½ Baths
1.05
Acres
800
SQFT
$312
$/SQFT
1959
Built
Neighborhood:
None
County:
Monroe
Area:
Monroe
Property Description
Extremely multifunctional property 5 minutes from downtown Bloomington! Recently used by owner as an Airbnb on the upper level and a cleaning service on the lower level this ranch over a basement on over an acre of ground has many angles of use. The current structure has multiple business uses as the ME zoning allows for commercial and multifamily on the site. There's an amazing amount of parking that can accommodate another structure being built that has commercial and multifamily use as part of the allowed zoning. The current Airbnb use generated approx.. 15k last yr being used to approx. a third of the capacity in terms of dates available(owner only used as much as they could clean and restock on a regular basis themselves). Dont miss the possibilities this ranch over a basement accommodates in terms of revenue generation. In addition to the commercial aspects this would also allow you to live in house and lease the lower level. So many possibilities!!!
Exterior Features

Construction Type1 Stick built Driveway Asphalt Exterior Aluminum Fence None Fire Doors YN No Location Suburb Lot Dimensions Irregular Parcel Description 0-2.9999 Parking LotPavedPrivate Parking Type Private lot Parking YN Yes Road Access City Roof Material Asphalt Sea Wall Type None Security Light YN No Signs YN No Water Features None Waterfront YN No

Interior Features

Basement Foundation Full BasementUnfinishedWalk-Out Basement Basement YN Yes Bldg1 Above Grd Sq Ft 800 Bldg1 Below Grd Sq Ft 800 Bldg1 Fin Office Sq Ft 0 Ceiling Height 8' Column Spacing n/a Cooling Central Air Flooring Ceramic TileWood Heating Fuel Electric Interior Height 8' Interior Walls Drywall Internal Rooms KitchenWorkroom Special Features Basement Total Restrooms 2

Property Features

Annual Taxes 3426.22 Auction YN No Buildings 1 Burglar Alarm YN No Cross Street W. 11th St. Currently Leased YN No Documents Available Aerial PhotoLBP Form Easements None Electric Company Duke Energy Indiana Enterprise Zone No Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Inside City Limits Yes Lease Available YN No Lease Term Remaining n/a New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Bed & Breakfast Property Sub Type Mixed Use Property Use Investment Property Proposed Financing CashConventionalFHAVA Public Utilities Electric Hook-UpGas Hook-UpMun. Water Hook-Up Reo YN No Sale Includes BuildingLand Sewer Septic Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement No Township Bloomington Water Company Bloomington City Utility Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2024

Listing provided by Andy Walker of RE/MAX Acclaimed Properties: Cell: 812-325-1290.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2024-09-13T09:29:05.207.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Andy Walker of RE/MAX Acclaimed Properties: Cell: 812-325-1290.