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Available Sale

Lone Star Redevelopment | 1/2 acre lot

903 IAA Drive Southern portion of lot, Bloomington
The Essentials
Marketing Flyer:
Available:
Mar 06, 2025
Status:
Available Sale
Lease Rate:
$110,000 per year
Price:
$785,000
Size:
0.50 acres +/-
Zoning:
B1
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Prime Redevelopment Opportunity – 1/2 Acre Lot on Veterans Parkway

 

Former Lone Star Restaurant site – Available as part of a larger redevelopment project. The northern portion of the lot has an identified end user, leaving a prime 1/2-acre opportunity for a smaller-use owner or tenant.

 

Property Highlights:

  • High-Traffic, High-Visibility Location – Situated on a frontage road along Veterans Parkway, Bloomington’s busiest retail corridor.

  • Excellent Accessibility – Just off a signalized intersection, ensuring easy ingress/egress for future customers.

  • Strategic Connectivity – IAA Drive links Vernon Ave to E. Empire, offering a direct alternative to Veterans Parkway congestion.

  • Surrounded by Major Retailers – Located in a strong commercial district with nearby national brands, restaurants, and shopping destinations.

  • Ideal for Redevelopment – Perfect for QSR (Quick Service Restaurant), retail, office, or medical use.

Listing Agents

Meghan O'Neal-Rogozinski, CCIM
Owner and Commercial Real Estate Broker
[email protected] (309) 532-1808
Michael O'Neal
Commercial Real Estate Broker
[email protected] (309) 530-3591
Interested In This Property?