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    4505 E 3Rd St Bloomington, IN 47401

    For Sale
    $1,250,000

    Mixed Use, Other - Bloomington, IN

    Type:Mixed Use
    Lot size:
    0.85 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 4505 E 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Kitchen, Office
    Bathrooms
    2
    APN
    53-05-36-300-016.000-005
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Block, Drywall, Office Space, Public Restrooms
    Exterior features
    Office Space, Public Restrooms
    Lot size
    0.85 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Floors in Building
    1
    Flooring type
    Carpet, Concrete
    Building materials
    Block, Stucco
    Roof type
    Asphalt, Rubber
    Architectural style
    Other

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

    Listing agent Josh Lewis (812) 332-3001 License #RB14049605

    Listing date Oct 16, 2025

    MLS# 202540009 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

    Bloomington Mixed-Use Commercial Building

    This commercial building, featuring almost 7000 square feet, is situated in a favorable location on Bloomington's East side. The current zoning is MC (Mixed-use Corridor), which accommodates multiple purposes. The property has a parking lot that was recently seal coated and sits on a 0.85-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.473308
    Latitude
    39.164629

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial building on Bloomington's East side with mixed-use zoning.
    Where is this mixed-use property located?
    The property is located at 4505 E 3Rd St Bloomington, IN.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Great location on Bloomington's booming East side.; - Almost 7000 square feet of commercial space.; - MC (Mixed-use Corridor) zoning allows for multiple purposes.
    (812) 332-3001
    Request Owner's contact information
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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
    4505 E 3Rd St Bloomington, IN 47401
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