Development Opportunity on a high traffic corridor on Bloomington's Southside! The site currently has a 1200 sq ft rental dwelling that can continue to be utilized as an investment property. The .34 acre lot is zoned Mixed-Use Corridor per the Bloomington Unified Development Ordinance with 70 feet of frontage on West Gordon Pike immediately adjacent to the newly constructed German American Bank. The South Walnut St and Gordon Pike intersection is growing with new development in the area and the planned construction of the Fullerton Pike corridor which will offer a direct route to Interstate 69. Per the UDO, The MC district is intended to accommodate medium-scaled developments with a mix of storefront retail, professional office, and/or residential dwelling units along arterial and collector corridors at a scale larger than the neighborhood-scale uses accommodated by the MN zoning district. There are many possibilities available here be it office/commercial, residential/apartment, or mixed-use development. City water/sewer service is already on site. Call for more information or questions. Buyer's Agents welcome at 3% commission.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
