Mixed-Use Investment Near IU Campus

217 Lincoln Street, Bloomington, IN 47408

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For Sale

$2,975,000

Mixed Use - Bloomington, IN

Type:Mixed Use

Lot size:

0.20 Acres

HighLights

Prime location steps from IU Campus and Kirkwood Avenue.
Fully leased, mixed‑use investment property.
Generates $23,359.89 in monthly gross rent.
Includes 12 residential units (eleven 1‑bed/1‑bath apartments and a 5‑bed/3‑bath penthouse).
Features 3 street‑facing commercial units, 2 occupied by iconic Bloomington restaurants.
Rare opportunity to own a high‑performing asset in a desirable area.

We can help!

Listing Contact

Jeff Brawley

For Sale

$2,975,000

Mixed Use - Bloomington, IN

Type:Mixed Use

Lot size:

0.20 Acres

Added:: Jul 31, 2025
Days on Market:: 315
Last Refresh:: Jun 10 at 3:06 pm

Property Features for 217 Lincoln Street

General Information

Property type: Commercial Sale
Property subtype: Mixed Use
Bathrooms: 16
Rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
Parking features: Paved or Surfaced
Interior features: Block, None
Exterior features: None
Standard status: Active
APN: 53-05-33-310-287.000-005
Lot size: 0.20 Acres

Taxes and HOA fees

Tax Annual Amount: 25512.88

Utilities

Heating system: Forced Air
Cooling system: Multi Units

Building Details

Year built: 1980
Floors in Building: 3
Building materials: Asphalt, Concrete, Stone
Roof type: Flat
Architectural style: Other

We can help!

Listing Contact

Jeff Brawley

Listing agent Jeff Brawley License #RB14041028

Listing office Brawley Real Estate 3802 E Third Street, Bloomington, IN

Listing date Jul 31, 2025

MLS# 202530199 Listing URL

Copyright © 2026 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.

HighLights

Prime location steps from IU Campus and Kirkwood Avenue.
Fully leased, mixed‑use investment property.
Generates $23,359.89 in monthly gross rent.
Includes 12 residential units (eleven 1‑bed/1‑bath apartments and a 5‑bed/3‑bath penthouse).
Features 3 street‑facing commercial units, 2 occupied by iconic Bloomington restaurants.
Rare opportunity to own a high‑performing asset in a desirable area.

Overview

Located steps from Indiana University Campus and Kirkwood Avenue, this mixed-use investment property is in a desirable area of Bloomington. The building features 12 residential units, including eleven 1-bed/1-bath apartments and a 5-bed/3-bath penthouse. There are also 3 street-facing commercial units, two of which are occupied by restaurants. The property generates $23,359.89 in monthly gross rent. The lot size is 0.2 acres.

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Location Insight

Map
Local Demand

City: Bloomington
County: Monroe
State: Indiana
Longitude: -86.530792
Latitude: 39.164906

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For sale
Mixed-use properties
IN
Bloomington
47408
217 Lincoln Street

What type of property is this?

Mixed-use property - Fully leased mixed-use property near IU Campus and Kirkwood Avenue.

Where is this mixed-use property located?

The property is located at 217 Lincoln Street Bloomington, IN.

What is the asking price?

The asking price for this property is $2,975,000.

What are key features of this property?

This property features: Prime location **steps from IU Campus and Kirkwood Avenue.**; Fully leased, mixed‑use investment property.; Generates $23,359.89 in monthly gross rent.

217 Lincoln Street, Bloomington, IN 47408

Mixed Use - Bloomington, IN

Property Features for 217 Lincoln Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Bloomington Restaurant/Bar Opportunity

Multi-Revenue Entertainment Property on 2.82 Acres

Corner Office Building

Historic Schoolhouse with Business Potential

Historic Schoolhouse Near Indiana University

Versatile Warehouse/Office Building in Bloomington

New Duplex Investment Opportunity

Bloomington Sixplex in Opportunity Zone

Mixed-Use Property Near IU Stadium

Bloomington Apartment Complex Near IU

Bloomington Duplex: Investment Opportunity

Bloomington Apartment Building Near IU

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