Building Details

Year built 1950

Flooring type Laminate, Concrete, Tile

Listing Agency: Century 21 Scheetz - Bloomington · Century 21 Real Estate Show Phone

Listed By: Isaac Redden · License #RB14047983 Show Phone

Added: Oct 18, 2024 Changed: Aug 4 Last Checked: Aug 19 at 12:06AM

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MLS# 202440429

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.

Investment Insights

Based on property information with market context.

This restaurant/cafe/bar building offers parking capacity and a mix of dining and back-of-house space, with Central Air and flooring that includes laminate, concrete, and tile. The building includes over 7,500 SF of restaurant/cafe/bar space, multiple restrooms, a conference/meeting area, and a kitchen. In addition, there is an open garage/warehouse space in the back with its own entry, supporting flexible use and operational flow. The property was built in 1950.

Set on a 0.4-acre lot at 409 S Walnut Street in Bloomington, the site also features over 10,000 SF of parking in the heart of Bloomington, offering convenient on-site access for customers and staff.

For operators seeking a single-building setup with both public-facing and back-of-house components, plus a dedicated rear entry to the garage/warehouse area, this configuration provides a practical footprint for restaurant, cafe, or bar concepts.

Key Highlights

• Over 10,000 SF of parking on a 0.4‑acre lot
• Over 7,500 SF restaurant/cafe/bar space
• Multiple restrooms plus conference/meeting area

Property Analytics

Property Profile

Current Use

Bars & Pubs

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Locksmith Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,769

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 47401, IN

41,225

Population

21,162

Households

1.9

Avg Household Size

35

Median Age

62%

College-Educated

95%

High-School Grad

82.6 sq mi

ZIP Area

499

Density / Sq Mi

$65,643

Median Household Income

$34,279

Median Earnings

$1,181

Median Rent

$333,100

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Bar & Pub - Restaurant/cafe/bar building with central air, kitchen, multiple restrooms, meeting area, and a rear garage/warehouse entry.

Where is this bar & pub located?

The property is located at 409 S Walnut Street Bloomington, IN.

What is the asking price?

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

What are key features of this property?

This property features: Over 10,000 SF of parking on a 0.4‑acre lot; Over 7,500 SF restaurant/cafe/bar space; Multiple restrooms plus conference/meeting area