About 1015 W Gourley Pike
Location! Location! Location! 3 residential dwellings possible, 3 different addresses, 1 plot! This exceptional 0.78-acre lot presents a prime opportunity for development or investment, strategically zoned for "Mixed Use" with a code of three family residential. The property currently features three existing dwellings, offering immediate rental income potential from one of them or a foundation for future renovations from your vision for the property. Its highly desirable location is a significant asset, situated just minutes from the bustling campus of Indiana University, ensuring a consistent demand for housing and commercial services. Furthermore, the property benefits from excellent visibility and accessibility, with a major highway clearly in sight, facilitating easy commutes and attracting commercial interest. This prominent location provides a distinct advantage for businesses seeking high traffic exposure and convenient access. The "Mixed Use" zoning designation offers a broad spectrum of possibilities, allowing for a combination of residential and commercial, subject to local regulations. A great piece of property for someone with a great vision!
Features of 1015 W Gourley Pike
| MLS® # | 202539592 |
|---|---|
| Price | $275,000 |
| Bathrooms | 3.00 |
| Square Footage | 33,977 |
| Acres | 0.78 |
| Year Built | 1935 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1015 W Gourley Pike |
|---|---|
| Subdivision | None |
| City | Bloomington |
| County | Monroe County |
| State | IN |
| Zip Code | 47404 |
Amenities
| Features | None |
|---|---|
| Parking | Gravel |
| Is Waterfront | No |
Interior
| Interior | Other |
|---|---|
| Heating | Electric |
| Cooling | Other |
| # of Stories | 1 |
| Basement | Crawl |
Exterior
| Exterior | Other |
|---|---|
| Roof | Shingle |
| Construction | No |
Additional Information
| Days on Market | 108 |
|---|---|
| Zoning | ME - Mixed-Use Employment |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Carrie Parrish |
|---|---|
| Office | Carpenter, REALTORS-Bloomington |
| Contact Info | cell: 812-585-4792 |