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Redevelopment | Retail | Former Bank building
Presenting a prime retail pad site and redevelopment opportunity at 1703 W. Market Street, Bloomington, IL. This former Chase Bank building is ideally situated in a bustling commercial corridor that is experiencing significant growth and revitalization. Strategically located, it is positioned along the W. Market Street commercial corridor, a direct path along Rt. 9/150/W. Market Street from Downtown Bloomington to the I-55/I-74 interchange (Exit 160) and Rivian Automotive.
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High Visibility: Daily traffic counts off of the highway exit exceed 20,000 vehicles, providing excellent exposure for any business.
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Ample Parking: Includes a large parking lot with [Insert Number] spaces, accommodating customers and tenants.
Area Developments
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Starbucks: Newly opened in 2024, is driving significant traffic to the area.
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Panda Express: Opened in 2022, contributing to the corridor's dining options, which include Culver’s, Popeye’s, McDonald’s, Taco Bell, Subway, Domino’s, Arby’s, Cracker Barrel and more.
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Pilot Gas Station & Wendy’s: Underwent a full remodel in 2024, enhancing the area's appeal.
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Nearby Hotels: Approximately 10 hotels within a 2-mile radius cater to diverse visitors, including Holiday Inn Express & Suites, Comfort Suites, Fairfield Inn & Suites and Best Western Plus.