**LEASE TO PURCHASE OPTION AVAILABLE** This Property is located just a few blocks from the Bloomington Courthouse Square and is walking disance to the campus of Indiana University. Prime downtown location that last sold in 1986. With over 8000 square feet, this Building has always played a prominent role in the evolution of Bloomingtons vibrant Downtown District and was recently the home of a brewing company. The building went through a total renovation in 2017 that included: a new rubber roof, new exterior including doors and windows, replacement of all HVAC units and duct work, new bathrooms along with a private office with full bath and multiple storage areas. All electrical, plumbing and fire suppression systems were also replaced. Additional improvements include a full kitchen, several walk-in coolers, and an overhead garage door. Even has a laundry room. Lots of natural daylight flows throughout. Wall to wall radius steel truss roof structure with minimal interior columns offers a wide expanse of remodel configurations and possibilities. In years past as a music nightclub, legendary artists including John Mellencamp, Stevie Ray Vaughan, and Bo Diddley along with national an...
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d local acts performed at this venue. Additionally, it has always enjoyed being a hub for all IU basketball and other televised sporting events along with being a favorite location for private bookings and social events. The possibilities are endless for this property. This property could be a Recreation/Community Center, Fitness Center, Retail. Lots of space to make your entrepreneurial dreams come true!This rent to own home is a commercial property located in BLOOMINGTON. It offers 0.20 acres in size, beds and 2 baths. Review its detailed information and determine if this BLOOMINGTON rent to own has the qualities you are looking for.
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Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.
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