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Bloomington Mixed-Use Development Opportunity

319 S Madison Street, Bloomington, IN 47403

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For Sale

$3,250,000

Mixed Use, Garage,Retail,Service Center - Bloomington, IN

Type:Mixed Use

Lot size:

0.83 Acres

HighLights

Prime downtown location with frontage on W 3rd and S Madison Streets.
Adjacent to the Monroe County Convention Center and steps from the B‑Line Trail.
Walking distance to downtown Bloomington and Indiana University campus.
Zoned Mixed Use Downtown with Downtown Edges Overlay, allowing for diverse development options (Multi‑Family, Lodging, Retail).
Off‑street parking available.
Building constructed with durable block and brick materials.

We can help!

Listing Contact

AJ Bowlen

For Sale

$3,250,000

Mixed Use, Garage,Retail,Service Center - Bloomington, IN

Type:Mixed Use

Lot size:

0.83 Acres

Added:: Aug 24, 2023
Days on Market:: 1026
Last Refresh:: Jun 14 at 12:06 am

Property Features for 319 S Madison Street

General Information

Property type: Commercial Sale
Property subtype: Mixed Use
Bathrooms: 1
Rooms: Bathroom 1
Parking features: Off Street
Interior features: Block, Other
Exterior features: Other
Standard status: Active
APN: 53-08-05-100-140.000-009
Lot size: 0.83 Acres

Taxes and HOA fees

Tax Annual Amount: 8616.56

Utilities

Heating system: Electric (Heating), Forced Air, Natural Gas, Wall Furnace
Cooling system: Other (Cooling)

Building Details

Year built: 1900
Floors in Building: 1
Flooring type: Concrete
Building materials: Block, Brick
Roof type: Metal, Rubber
Architectural style: Other

We can help!

Listing Contact

AJ Bowlen

Listing agent AJ Bowlen License #RB16000753

Listing office RE/MAX Acclaimed Properties 3695 S Sare Rd., Bloomington, IN

Listing date Aug 24, 2023

MLS# 202330477 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 downtown location with frontage on W 3rd and S Madison Streets.
Adjacent to the Monroe County Convention Center and steps from the B‑Line Trail.
Walking distance to downtown Bloomington and Indiana University campus.
Zoned Mixed Use Downtown with Downtown Edges Overlay, allowing for diverse development options (Multi‑Family, Lodging, Retail).
Off‑street parking available.
Building constructed with durable block and brick materials.

Overview

This property presents a development opportunity in downtown Bloomington, featuring frontage on both W 3rd Street and S Madison Street. Adjacent to the Monroe County Convention Center and steps away from the B-Line Trail, the location offers convenient access to downtown Bloomington and the Indiana University campus. The property is zoned Mixed Use Downtown with Downtown Edges Overlay, accommodating various potential uses such as multi-family housing, lodging, and retail. The lot size is 0.83 acres.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Bloomington
County: Monroe
State: Indiana
Longitude: -86.53712008
Latitude: 39.1641854

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For sale
Mixed-use properties
IN
Bloomington
47403
319 S Madison Street

What type of property is this?

Mixed-use property - Prime downtown Bloomington development opportunity near Indiana University and Convention Center.

Where is this mixed-use property located?

The property is located at 319 S Madison Street Bloomington, IN.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: Prime downtown location with frontage on W 3rd and S Madison Streets.; Adjacent to the Monroe County Convention Center and steps from the B‑Line Trail.; Walking distance to downtown Bloomington and Indiana University campus.

319 S Madison Street, Bloomington, IN 47403

Mixed Use, Garage,Retail,Service Center - Bloomington, IN

Property Features for 319 S Madison 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 Fourplex with Development Potential

Bloomington Sixplex in Opportunity Zone

Bloomington Commercial Land Opportunity

Retail Building with Walkout Basement

Mixed-Use Property Near IU Stadium

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