{"markerType": "CLIENT", "MlsName": "BloomingtonNormalIL", "MlsNumber": "2171258", "lat": "40.45769", "lng": "-88.90921", "Address": "1602 Glasson", "City": "Bloomington", "StateProv": "IL", "ZipCode": "61704"}
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7,228 Sq Ft 558 Days on Market

Description of 1602 Glasson, Bloomington, IL 61704

Buy this building and have over 75% of your debt service paid by one tenant, leaving two or three other units for your investment return. Three units in a superior constructed commercial building. Main tenant, SUBWAY, has a 5 year, 5 year renewable corporate backed lease. One other units is a finished vanilla box, and the third is unfinished. The rent alone from Subway will cover nearly 75% of the total debt service on the building purchase. The future traffic will continue to increase in this prime east side location.

Property Features of 1602 Glasson, Bloomington, IL 61704

TYPE
Multi-Use
Year Built
2006
Community
Ireland Grove
Annual Taxes
$11,483.00
Acres
1
Features
Parking spaces: 50
Brick exterior
Lot acreage is: 1
Lot size: 300 X 150
Lot zoned: HIGHWAY BUSINESS
Road frontage: 150
Public sewer
Public water
Natural gas
Total square feet: 7228
For sale
Tax year: 2016
Courtesy of: Berkshire Hathaway Snyder Real Estate

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