Matt Unkovich Acquires Retail Building In Bloomington For $2.7M With Buyer's Broker AXIS 360
1719 East Empire Street
$2,700,000
$123/SF
Building Size
21,828 SF
Asset Type
Retail
Closing
Mar 16, 2026
AI
The retail building at 1719 East Empire Street in Bloomington, located in the Bloomington Commons market, has been sold for $2,700,000. The asset encompasses a total area of 21,828 square feet, translating to a price per square foot of $124.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,700,000
- Address: 1719 East Empire Street
- Market: Bloomington
- Square Footage: 21,828
- Price Per Square Foot: $124
- Buyer: Matt Unkovich
- Buyer’s Representative: Meghan O’Neal-Rogozinski & Mike O’Neal - AXIS 360 Commercial Real Estate Specialists
- Seller's Representative: Jacob Dell & Sean McCourt - CBRE
Meghan O’Neal-Rogozinski and Mike O’Neal represented Matt Unkovich in the transaction. The buyer intends to redevelop a portion of the space into an Aqua Tots Swim School, with the remaining area available for lease.
Players
Bloomington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93