1625 N College Ave, Bloomington, IN 47404

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Building Details:

Former Colorado Steakhouse building for sale or lease on North College Avenue just minutes from Indiana University campus and downtown Bloomington. This 7,366 square foot free-standing restaurant features a large kitchen area and an expansive dining room plus room for outdoor seating on the front deck. The improvements are available for purchase for $700,000 with a land lease (approximately 55 years remaining) at $1,400 per month NNN. The building may also be leased for $12/square foot per year NNN, which includes the land lease. There is a 3-way liquor license available with the property for sale at $250,000 or through a management contract at $1,250 per month.