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    616 S College Mall Rd Bloomington, IN 47401

    For Sale
    $1,250,000

    Office, Office/Showroom - Bloomington, IN

    Type:Office
    Lot size:
    0.27 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 616 S College Mall Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Office
    Bathrooms
    2
    APN
    53-08-02-200-033.000-009
    Parking features
    Off Street
    Interior features
    Drywall, 220 Volts, Office Space, Reception Area
    Exterior features
    220 Volts, Office Space, Reception Area
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Stone
    Roof type
    Flat
    Architectural style
    Other

    Brawley Real Estate (812) 336-6888 [email protected]

    Listing agent Jeff Brawley (844) 254-7368 License #RB14041028

    Listing date Aug 14, 2025

    MLS# 202513481 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 Office Building For Sale

    Located in Bloomington's high-traffic Eastside business district, this single-story office building offers a commercial investment opportunity. The 2,520 square foot building is situated on a 0.27-acre lot and provides visibility along a busy road with an average daily traffic count of 39,000 vehicles. The building features a stone exterior and a flat rubber roof. Off-street parking is available. The property is surrounded by national retailers, restaurants, and service businesses and is located minutes from Indiana University. The space is currently rented until June 2027 but can be vacated immediately for owner-occupied use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.498181
    Latitude
    39.160231

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    FAQs

    What type of property is this?
    Office building - High-traffic location, excellent visibility, investment opportunity or owner-occupied use.
    Where is this office building located?
    The property is located at 616 S College Mall Rd 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: - High-traffic location in Bloomington's Eastside business district with 39,000 vehicles daily.; - Prime commercial investment opportunity.; - Currently rented until June 2027, but can be vacated immediately for owner occupancy.
    (844) 254-7368
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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
    616 S College Mall Rd Bloomington, IN 47401
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