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1719 East Empire Street

Matt Unkovich Acquires Retail Building In Bloomington For $2.7M With Buyer's Broker AXIS 360
SOLDRetail

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

Meghan O’Neal-Rogozinski

AXIS 360 Commercial Real Estate Specialists

Broker

$11M

vol

8 deals

Broker

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