Find us on Google+ 7640 S Old State Road 37, Bloomington, IN 47403 | MLS 201604613 | Listing Information | Carpenter Realtors
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7640 S Old State Road 37,

Bloomington IN, 47403 (Active)
$350,000
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MLS# 201604613
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Last Updated: 12/7/2016 12:09 AM
Description for 7640 S Old State Road 37 Bloomington, IN 47403
Priced below January, 2016 appraisal! Incredible price for 7.14 Acres zoned PB located on Bloomington's south side, convenient to SR 37 and I 69. So many possibilities for other business operations! Currently operated as Starlite Drive In now with a new digital projector. Don't want to be in the drive in business? Property is zoned PB -HIGHEST INTENSITY and may be used per Monroe County Planning Ordinances as high intensity or lower so bring your business here. It's also a fabulous place to start your dream business on this commercial spot with great edge of town location. For example, here are some nationwide averages that sets up land coverage for Self Storage Projects: Self Storage = approx. 40% coverage ratio per 1 acre, average unit size is 10x10 or 100 sq ft, which means you can put 175 - 10x10 units on 1 acre or 1,250 - 10x10 units on this 7.14 acre parcel. Contact agent for table of permitted uses by current law as well as for additional information on self storage project details. Enjoy the cash flow from the existing business with new digital projector while planning for the next. Turn key business in operation 60 years. Attention to business basics resulted in maximum occupancy sell outs. Normal business operations expanded to include private party rentals. Implemented outside food permit that helped increase concessions from 22% of gate to 75-80% of gate. Contact agent for table of permitted uses by current law.
Price
$350,000
Monroe County
201604613
Active
Description
Priced below January, 2016 appraisal! Incredible price for 7.14 Acres zoned PB located on Bloomington's south side, convenient to SR 37 and I 69. So many possibilities for other business operations! Currently operated as Starlite Drive In now with a new digital projector. Don't want to be in the drive in business? Property is zoned PB -HIGHEST INTENSITY and may be used per Monroe County Planning Ordinances as high intensity or lower so bring your business here. It's also a fabulous place to start your dream business on this commercial spot with great edge of town location. For example, here are some nationwide averages that sets up land coverage for Self Storage Projects: Self Storage = approx. 40% coverage ratio per 1 acre, average unit size is 10x10 or 100 sq ft, which means you can put 175 - 10x10 units on 1 acre or 1,250 - 10x10 units on this 7.14 acre parcel. Contact agent for table of permitted uses by current law as well as for additional information on self storage project details. Enjoy the cash flow from the existing business with new digital projector while planning for the next. Turn key business in operation 60 years. Attention to business basics resulted in maximum occupancy sell outs. Normal business operations expanded to include private party rentals. Implemented outside food permit that helped increase concessions from 22% of gate to 75-80% of gate. Contact agent for table of permitted uses by current law.
Listing Information
Property Type: Other
7.14 Acres
Clear Cree//
Other, Public Water Service
Septic
Neighborhood
Room Information
Interior Features
Gas Heat, Forced Air
Exterior / Lot Features
Gravel, Lot
None
IRREGULAR
Other
Country Road, Asphalt
Driving Directions
Starlite Drive In Theater - From North State Road 37 South, at Walnut Street exit head west on Old State Road 37 S for 2.2 miles to Starlite Drive In. From South, Harrodsburg exit to north on Old State Road 37, Starlite Drive In.
Financial Considerations
53-11-08-100-049.00>
$2,376
Listing Price History

Bloomington Real Estate

Bloomington is located in Indiana. Bloomington, Indiana 47403 has a population of 80,440.

The median household income in Bloomington, Indiana 47403 is $27,116. The median household income for the surrounding county is $38,675 compared to the national median of $53,046. The median age of people living in Bloomington 47403 is 23.4 years.

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Courtesy: RE/MAX Acclaimed Properties Alice Chastain
Information is provided exclusively for consumers' personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2016, Indiana Regional MLS (IRMLS)
Information is deemed reliable but is not guaranteed.

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