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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12369941
Year Built 1900
Annual Tax Amount $18,873
Tax Year 2024
Lot Dimensions 94 X 94
Property Sub-Type Mixed Use
Property Description
Welcome to 608-612 North Main Street, a historic property comprising two commercial and residential buildings now available on the market. This property presents substantial potential for investment or owner-operation in downtown Bloomington. Future city local investment will enhance the surrounding area, transforming it into a renovated, communal, and welcoming public space. The property includes two commercial units, one offering 3,000 square feet of restaurant space and the other 6,000 square feet. Additionally, four fully tenanted loft-style apartments are present: two spacious lofts, a top-floor unit with a balcony and views of downtown Bloomington, and two one-bedroom apartments. The bar accommodates approximately 100 seated patrons and features updated electrical systems and a newly insulated beer cooler. Notable recent improvements include a new roof, a rebuilt sprinkler system, tuck pointing on 610-612 completed in 2022/23, a new central A/C unit and paint in the 3rd-floor loft (2025), a new furnace in the 2nd-floor loft (2025), and updated kitchens, baths, carpet, paint, doors, and decor in 2023. Furthermore, 612 Bar received new electric service, a meter in 2021, and a new twin HVAC system in 2022. At 608 Restaurant, upgrades include new plumbing, flooring, lower-level drywall, electrical and plumbing improvements in the kitchen, a new compressor for the walk-in and lower-level prep room, and a new lower-level HVAC system in 2024. Apartment 608 B 1 features new floors, paint, and countertops (2024), while Apartment 608 A 1 was remodeled in 2022. All tenant spaces are currently occupied, except for the bar, which is being negotiated.
Location
State IL
County Mclean
Area Bloomington
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Flooring Tile, Wood
Fireplace N
Exterior
Roof Type Membrane,Reflective Coating
Building
Dwelling Type Mixed Use
Level or Stories 3
Structure Type Brick

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Listed by Xavier Cruz • Coldwell Banker Real Estate Group