Commercial Real Estate Listings in Bloomington, IL
The Bloomington real estate market has a lot to offer.
You will find that Industrial space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Retail space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Retail
12
150,419 Sq. Ft.
Office
11
132,053 Sq. Ft.
Industrial
5
463,000 Sq. Ft.
Office
17.71%
Retail
20.18%
Industrial
62.11%
Top Locations for Commercial Space in Bloomington, IL
Depending on the type of space that you’re looking for, different areas of Bloomington may suit your needs differently.
The city’s Downtown Bloomington neighborhood has the highest concentration of CRE listings, offering 9 availabilities on the market.
The South Hill neighborhood is home to the second-largest number of leasing opportunities — 5 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Downtown Bloomington.
Neighborhood with most CRE Listings
No. of Spaces
Downtown Bloomington
9
South Hill
5
South Mercer Corridor
4
Neighborhood with most Office Listings
No. of Spaces
Downtown Bloomington
9
Crown Court - Brookridge
2
Lincolnwood - Holiday Knolls
1
Areas with numerous industrial properties are also more likely to be well-connected logistically. The South Mercer Corridor area is the local Bloomington submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Bloomington, you’ll find the most such opportunities for lease to be in South Hill.
Neighborhood with most Industrial Listings
No. of Spaces
South Mercer Corridor
4
State Farm Park
1
Bloomington Heights
1
Neighborhood with most Retail Listings
No. of Spaces
South Hill
4
State Farm Park
3
North Pointe Bloomington
2
Commercial Real Estate for Sale in Bloomington, IL
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 81,314 square feet of commercial property for sale in Bloomington.
The largest investment opportunity on the local market offers 15,000 square feet of earning potential.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in Bloomington, IL
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.
1111 Wylie Drive, Bloomington Heights, Bloomington, IL