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1804 Towanda Barnes Rd
Terrific opportunity to acquire a 5.56-acre flex, warehouse, and mini-storage property located within the Bloomington-Normal MSA. With 18,076 sq. ft. of total building area across three income-producing structures, this property is ideal for investors seeking diversified revenue streams with stable rental demand and long-term growth potential. OR, like the current owner, a ideal opportunity for a user to operate its own business out of the available 6500-9,000 +/- sq. ft. while using the additional rental income to significantly offset overall ownership costs.
The property includes two upgraded flex buildings, a fully leased storage facility, and 88 rentable parking spaces, plus six additional regular income streams.
Ownership is offering the sale of the LLC, providing an additional layer of tax optimization potential for the buyer.
Highlights
- Total Land Area: 5.56 acres
- Total Building Area: 18,076 sq. ft.
- Income Streams:
- Two rentable flex buildings (7,896 sq. ft. + 3,780 sq. ft.)
- 38 mini-storage units
- 88 rentable parking spaces
- ME Gaming, Prairie Built Barns, Maddox Farm Stand, Indian Food Truck, Lamar Billboards
- Mixed zoning: 0.46 acres, City of Bloomington B1 & 5.1 acres, McLean County C
- Updated mechanicals, LED lighting, and high-speed fiber
- LLC sale option for buyer tax benefits
- Well and septic in place; New lift station installed approximately 5 years ago
- Asphalt Driveway
- ADT security equipment interior/exterior, including a 1 Terabit SVR recorder
- Eligible for annexation into the City of Bloomington for access to city sewer and water
- Currently benefiting from County tax rates and regulations
Listing Agents
Highlights
- Total Land Area: 5.56 acres
- Total Building Area: 18,076 sq. ft.
- Income Streams:
- Two rentable flex buildings (7,896 sq. ft. + 3,780 sq. ft.)
- 38 mini-storage units
- 88 rentable parking spaces
- ME Gaming, Prairie Built Barns, Maddox Farm Stand, Indian Food Truck, Lamar Billboards
- Mixed zoning: 0.46 acres, City of Bloomington B1 & 5.1 acres, McLean County C
- Updated mechanicals, LED lighting, and high-speed fiber
- LLC sale option for buyer tax benefits
- Well and septic in place; New lift station installed approximately 5 years ago
- Asphalt Driveway
- ADT security equipment interior/exterior, including a 1 Terabit SVR recorder
- Eligible for annexation into the City of Bloomington for access to city sewer and water
- Currently benefiting from County tax rates and regulations