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    515 S Walnut St Bloomington, IN 47401

    For Sale
    $1,750,000

    Retail - Bloomington, IN

    Type:Retail
    Lot size:
    0.67 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 515 S Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Commercial Downtown - Downtown Edge
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    53-08-04-200-051.000-009
    Parking
    25
    Interior features
    Block, Drywall, Overhead Door 1
    Exterior features
    Overhead Door 1
    Lot size
    0.67 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Multi Units

    Building Details

    Year built
    1965
    Floors in Building
    1
    Building materials
    Block
    Roof type
    Other, Rubber
    Architectural style
    Other

    Saunders & Associates (812) 331-4174 [email protected]

    Listing agent Dave Harstad (812) 822-1122 License #RB14036381

    Listing date Aug 31, 2025

    MLS# 202535036 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

    Downtown Bloomington Retail Opportunity

    The property is a 19,320 SF Stahl Furniture Store situated on a 0.67 acre lot on the southside of downtown Bloomington, directly across from the Post Office. It includes two surface lots with approximately 20-25 parking stalls. The building features three distinct areas, each offering unique opportunities. Notably, the back building has a bow trust structure with 25' high ceilings, currently concealed by a drop ceiling. The property is zoned Mixed Use Downtown, Downtown Edges (MD-DE). It will be available for occupancy starting 2/1/2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.533103
    Latitude
    39.160718

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    FAQs

    What type of property is this?
    Storefront property - 19,320 SF retail building on 0.67 acres in downtown Bloomington.
    Where is this storefront property located?
    The property is located at 515 S Walnut St Bloomington, IN.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Prime downtown location directly across from the Post Office.; - Large 19,320 SF building on a 0.67 acre lot.; - Zoned Mixed Use Downtown, Downtown Edges (MD-DE) offering flexible usage options.
    (812) 822-1122
    Request Owner's contact information
    515 S Walnut St Bloomington, IN 47401
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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
    515 S Walnut St Bloomington, IN 47401
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