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    Historic Schoolhouse with Business Potential Title is generated by Realmo AI

    4638 E State Road 45, Bloomington, IN 47408

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    For Sale
    $735,000

    Mixed Use, None - Bloomington, IN

    Type:Mixed Use
    Property size:
    4,300 SF
    Lot size:
    1.05 Acres
    Price / SF:
    $170/SF
    Added:
    Feb 5, 2026
    Days on Market:
    93
    Last Refresh:
    May 9 at 6:06 am

    Property Features for 4638 E State Road 45

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Zoning
    Limited Business
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Kitchen, Office
    Parking
    25
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Drywall, Office Space
    Exterior features
    Office Space
    Standard status
    Active
    APN
    53-05-36-200-017.000-004
    Size
    4,300 SF
    Lot size
    1.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3788.86

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Floors in Building
    1
    Flooring type
    Carpet, Wood
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Heather Groves

    Listing agent Heather Groves License #RB15001614

    Listing office Sterling Real Estate 509 E Hillside Dr, Bloomington, IN

    Listing date Feb 5, 2026

    MLS# 202603595 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 near Indiana University and IU Health Bloomington Hospital.
    • Versatile Limited Business (LB) zoning allows for a wide range of business uses.
    • Over 4,300 sqft of freshly painted space with 10 office spaces, open areas, and two kitchenettes.
    • Over 50 new windows providing abundant natural light.
    • Includes over 1.05 acres with more than 25 parking spots.
    • Newly installed fiber internet through GigabitNow.

    Overview

    Located on the east side of Bloomington, Indiana, near Indiana University and the new IU Health Bloomington Hospital, this historical schoolhouse, known as the Poplar Grove School, offers over 4,300 square feet of renovated space. The building is split between two levels, each equipped with restrooms and a kitchenette. The layout includes 10 office spaces, an open common area, and storage. The first level features a larger open area with original hardwood floors and over 50 new windows, providing ample natural light. Situated on a 1.05-acre lot, the property includes more than 25 parking spots. Zoned Limited Business (LB), the property supports a variety of uses to meet the needs of neighboring residents, including daycare, office space, retail, studio or gallery space, massage therapy, music therapy, counseling, real estate, freelance work, law firms, and insurance. The property has newly installed fiber internet through GigabitNow, and offers potential for reconfiguration, redevelopment, or transformation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.470695
    Latitude
    39.17764

    FAQs

    What type of property is this?
    Mixed-use property - Charming, renovated schoolhouse near IU with flexible business zoning.
    Where is this mixed-use property located?
    The property is located at 4638 E State Road 45 Bloomington, IN.
    What is the asking price?
    The asking price for this property is $735,000.
    What are key features of this property?
    This property features: Prime location near Indiana University and IU Health Bloomington Hospital.; Versatile Limited Business (LB) zoning allows for a wide range of business uses.; Over 4,300 sqft of freshly painted space with **10 office spaces, open areas, and two kitchenettes.**
    More about this property
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