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    115 W Grimes Ln Bloomington, IN 47403

    For Lease
    $1,700 /Mo ($17 SF/Yr)

    Office - Bloomington, IN

    Type:Office
    Property size:
    1,200 SF
    Lot size:
    0.11 Acres
    Days on Market:
    163
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 115 W Grimes Ln

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Kitchen, Office
    APN
    53-08-04-300-096.000-009
    Parking features
    Off Street
    Interior features
    Drywall, Basement, Office Space
    Exterior features
    None
    Size
    1,200 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    1
    Flooring type
    Carpet, Concrete, Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    RE/MAX Acclaimed Properties (812) 332-3001 [email protected]

    Listing agent Gigi Larmour-Goldin (812) 332-3001 License #RB14005167

    Listing date Jun 26, 2025

    MLS# 202446516 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space Near Switchyard Park

    Located in a high-traffic area near the corner of Grimes and S Walnut, this property is next to the main entrance of Switchyard Park. The space offers versatility with a total of 2,400 square feet, including 1,200 square feet of finished office space and an additional 1,200 square feet of unfinished space. The unfinished area is suitable for storage or potential conversion to meet specific needs. Ample parking is available behind the building, and an additional parking lot space of 0.25 acres is included. The property benefits from great visibility and easy access, making it suitable for a wide range of businesses. The lot size is 0.11 acres. The property is located in Bloomington, Indiana, in Monroe County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.534728
    Latitude
    39.153211

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    FAQs

    What type of property is this?
    Office space - Versatile office space with storage and ample parking available for lease.
    Where is this office space located?
    The property is located at 115 W Grimes Ln Bloomington, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Prime location next to Switchyard Park entrance in a high-traffic area.; - Versatile 2,400 SF space with **1,200 SF finished office space**.; - **Ample parking** available behind the building plus an additional .25 acre parking lot.
    (812) 332-3001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 W Grimes Ln Bloomington, IN 47403
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