REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Nic Lowden

nlowden@mikethomasrealtor.com +1(260) 600-8769

Listed by Jim Stafford • Stafford Real Estate • Cell: 812-325-4453

$ 875,000

Est. payment | -/mo

0.72 Acres Lot

Save Virtual Tour

$ 875,000

Est. payment | -/mo

Save Virtual Tour

0.72 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Southeast Monroe County

MLS Listing ID 202623980

Abv Grd Liv Area 3,930

Year Built 1997

Annual Tax Amount $4,319

Tax Year 2026

Lot Size 0.720 Acres

Property Sub-Type Mixed Use

Property Description

Two-parcel commercial investment opportunity on Bloomington's south side with high visibility along S. Old State Road 37, just south of Kroger South and Wendy's. Property includes two leased buildings with a shared asphalt parking lot. 5340 S. Old State Road 37, built in 1997, features four 900 SF office suites, each with a half bath, and 5350 S. Old State Road 37, built in 1956, features a 4,320 SF retail building with partial basement and two half baths. Current uses include tattoo studio, real estate office, appraisal office, massage/wellness suite, and a retail liquidation/resale business. All 5 spaces are currently occupied, owner-provided rent roll shows current monthly rent of $5,433.50 and annual rent of $65,202. Commercial tenants pay utilities, taxes and snow removal; landlord pays building insurance, grass cutting, and building repairs. Two parcels to be sold together. Lease terms, deposits, expenses, and rent details to be verified by buyer during due diligence. "No For Sale Sign"

Location

State IN

County Monroe County

Area Monroe County

Direction Take Walnut Street South, past Kroger South, on right before the stop light at South Old State Road 37 & Fairfax Rd, across the street from the Marathon Gas Station. \"No For Sale Sign\"

Interior

Flooring Laminate, Vinyl Tile

Appliance Building

Laundry , 25

Exterior

Roof Type Metal,Other

Total Parking Spaces 25

Building

Story 1

New Construction No

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202623980

Nearby Locations

GET MORE INFORMATION

Nic Lowden

REALTOR® TEAM LEAD | Lic# RB16000820

nlowden@mikethomasrealtor.com

+1(260) 600-8769

9601 Coldwater Ave, Fort Wayne, IN 46825

5340 & 5350 S Old State Road 37 Bloomington, IN 47401

Nic Lowden

Key Details

Location

Interior

Exterior

Building

Others

5340 & 5350 S Old State Road 37