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    620 W Kirkwood Ave Bloomington, IN 47404

    For Sale
    $675,000

    Restaurant/Bar - Bloomington, IN

    Lot size:
    0.20 Acres
    Days on Market:
    137
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 620 W Kirkwood Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    53-05-32-416-006.000-005
    Parking
    20
    Interior features
    Concrete, 220 Volts, Refrigeration/Freezer
    Exterior features
    220 Volts, Refrigeration/Freezer
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    3
    Flooring type
    Laminate
    Building materials
    Other
    Roof type
    Asphalt
    Architectural style
    Other

    Bloomington Commercial (812) 333-5252

    Listing agent Thomas Gallagher (812) 333-5252 License #RB1406236

    Listing date Jul 30, 2025

    MLS# 202518012 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

    Turnkey Restaurant/Bar Opportunity in Bloomington

    This restaurant and bar opportunity is located near downtown Bloomington in the Prospect Hill area on Kirkwood Avenue, a busy street with approximately 14,000 cars daily. The 2,815 sq. ft. structure features 48 seats on the main level, 48 seats plus 6 bar seats on the upper level, and approximately 50 seats on the spacious outdoor deck. There is also room for patio seating and on-site parking. The recently renovated restaurant is equipped with a grease interceptor, exhaust hood, fire suppression system, walk-in cooler, sinks, and a restaurant stove. The property is situated on a 0.2-acre lot and may be eligible for enterprise zone benefits. A two-way liquor license is available. The seller would consider selling on contract. The property is suitable for restaurants, retail, bars, and turnkey restaurant businesses, and operates under a NNN lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Similar Places Nearby

    Great White Smoke

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.540723
    Latitude
    39.166923

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/bar with two-way liquor license, outdoor deck, and parking.
    Where is this restaurant located?
    The property is located at 620 W Kirkwood Ave Bloomington, IN.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Two-way liquor license available.; - High-traffic location on Kirkwood Avenue with approximately 14,000 cars daily.; - Spacious outdoor deck with approximately 50 seats, plus room for patio seating.
    (812) 333-5252
    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
    620 W Kirkwood Ave Bloomington, IN 47404
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