200 E Lafayette St, Bloomington, IL for sale

Investment Overview

Rare multi-tenant industrial/flex opportunity in Bloomington. 18,870 SF on 1.52 acres, M-1 zoned, with 6 drive-in doors, 2 exterior docks, clear-span warehouse bays, street-front office suites, finished lower-level space, and a fenced outdoor storage lot. What sets this building apart is how modular it is. The spaces can be combined or split to fit almost any user, from a single contractor needing a bay and an office to a company taking half the building. That flexibility is exactly why it stays leased: stable local tenancy with most leases running through 2030 and built-in annual escalations. A strong fit for an investor who wants a building that rents itself, or an owner-user who wants tenants covering the payment.

Investment Highlights

• 6 drive-in overhead doors (12' wide) + 2 exterior docks
• Mix of warehouse bays, street-front office suites, and finished lower-level space
• Multi-tenant income diversification — no single-tenant risk
• Modular by design — reconfigures easily to fit any tenant, any use, any size