1547 S. Piazza Drive, Bloomington, IN 47401 - Retail-Commercial property

Detailed information about Retail-Commercial property which situated in Bloomington (47401) city, Indiana state on 1547 S. Piazza Drive.
Renwick Village center is located at the corner of Sare Road/College Mall Road and Moores Pike. Sare Road is a major north/south corridor servicing substantial existing residential developments just south of the Renwick Community in southeast Bloomington, Indiana, Monroe County. This site services a six-county area that includes Monroe, Brown, Morgan, Owen, Green and Lawrence counties. Bloomington is Indiana’s seventh-largest incorporated metropolitan area, a position it has held for several years among the state's cities. The education level is substantially higher than state or national averages, reflecting the presence of Indiana University, a robust state university, and numerous scientific, technical and professional establishments. Of all Monroe County adults over age 25, 40% have a BA or higher degree, ranking the county second in Indiana and placing it in the top 2% of all counties in the nation. Bloomington/Monroe County has consistently been a strong retail market. This is supported by the diverse population i.e. students from all over the world, retirees (both life long residents and those returning to retire), professors, farmers, entrepreneurs, and a large visitor/tourist base. In the past few years, there has been a shift in the direction of new retail projects to the west side as the established east side business/retail district is typically full. These developments include retail, restaurants, hotels and other services. This caused significant impact and competition to the previously dominant east side trade area by expanding the retail trade area to include the west side. With this and the announcement of I-69’s path being projected through Bloomington, the subject site's value, longevity and retail appeal is excellent as it is the first new development on the bursting east side.