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    217 Lincoln St Bloomington, IN 47408

    Sponsored
    Picture of Mixed-use properties at Lincoln St 217, Bloomington, IN
    For Sale
    $3,150,000

    Mixed Use - Bloomington, IN

    Type:Mixed Use
    Lot size:
    0.20 Acres
    Days on Market:
    159
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 217 Lincoln St

    General Information

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

    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

    Brawley Real Estate (812) 336-6888 [email protected]

    Listing agent Jeff Brawley (844) 254-7368 License #RB14041028

    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.

    Overview

    Mixed-Use Investment Near IU Campus

    Located steps from Indiana University Campus and Kirkwood Avenue, this fully leased mixed-use property is situated 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. Additionally, there are 3 street-facing commercial units, two of which are occupied by established Bloomington restaurants. The property generates $23,359.89 in monthly gross rent and sits on a lot of 0.2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.530792
    Latitude
    39.164906

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use property near IU Campus with strong rental income.
    Where is this mixed-use property located?
    The property is located at 217 Lincoln St Bloomington, IN.
    What is the asking price?
    The asking price for this property is $3,150,000.
    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.
    (812) 327-5331
    Request Owner's contact information
    217 Lincoln St Bloomington, IN 47408
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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
    217 Lincoln St Bloomington, IN 47408
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