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Flex Space with Multiple Buildings
For Sale
$429,900

500 S Cory Lane, Bloomington, IN 47403

COMMERCIAL, Bloomington, IN

Property Size360 SF
Lot Size1.67 Acres
Price / SF$1,194
Days on Market151

Property Features for 500 S Cory Lane

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Directions W 3rd to Cory Lane and head South. Property will be on your right.
Subdivision Monroe County
Standard status Active
APN 53-08-06-100-079.000-008
Size 360 SF
Lot size 1.67 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 014-09960-00 SEMINARY PT LOT 181 (1.67A); PLAT 181E
Tax Annual Amount 4315
Legal Description 014-09960-00 SEMINARY PT LOT 181 (1.67A); PLAT 181E

Building Details

Year built 1942
Roof type Rubber, Metal, Shingle
Listing Agency: RE/MAX Acclaimed Properties · RE/MAX International
Listed By: AJ Bowlen · License #RB16000753
Added: Mar 31 Changed: Aug 19 Last Checked: Aug 28 at 9:06AM
MLS# 202610858

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 1.67-acre flex property includes a main building exceeding 4,200 SF, a pole barn, and a separate blue building. The main structure requires interior completion by the buyer. Recent work in the other two buildings includes HVAC upgrades and new flooring, with the smaller building suited for office use. The pole barn and blue building are currently leased.

Access is available from nearby signalized intersections at 3rd Street and Cory and at 2nd Street. I-69 is less than a two-minute drive away. Monroe County zoning is Commercial Arterial, with permitted uses that include multifamily dwellings, storage units, and other listed applications. Off-street parking is provided.

Key Highlights

  • 1.67‑acre property with three buildings, including a main building exceeding 4,200 SF
  • Main building interior is available for buyer‑directed finish‑out
  • Pole barn and blue building are currently leased

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Law Firm Garden Center Food Market

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47403, IN

33,066
Population
16,271
Households
2
Avg Household Size
35
Median Age
39%
College-Educated
93%
High-School Grad
85.0 sq mi
ZIP Area
389
Density / Sq Mi
$68,703
Median Household Income
$40,391
Median Earnings
$1,114
Median Rent
$222,000
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Commercial Arterial-zoned property with multiple buildings, existing leases, and convenient access to I-69.
Where is this flex space located?
The property is located at 500 S Cory Lane Bloomington, IN.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1.67‑acre property with three buildings, including a main building exceeding 4,200 SF; Main building interior is available for buyer‑directed finish‑out; Pole barn and blue building are currently leased
More about this property
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