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    620 W Kirkwood Ave Bloomington, IN 47404

    For Lease
    $3,500 /Mo ($16 SF/Yr)

    Mixed Use - Bloomington, IN

    Type:Mixed Use
    Property size:
    2,580 SF
    Lot size:
    0.20 Acres
    Days on Market:
    203
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 620 W Kirkwood Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    GB-General Business(MO)
    APN
    53-05-32-416-006.000-005
    Parking
    25
    Parking features
    Paved or Surfaced
    Interior features
    Concrete, Drywall, 220 Volts, 440 Volts
    Size
    2,580 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Expense value
    3200
    Expense
    Security Deposit

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    2
    Flooring type
    Vinyl
    Building materials
    Stone
    Roof type
    Composition, Shingle
    Architectural style
    Other

    Bloomington Commercial (812) 333-5252

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

    Listing date May 26, 2025

    MLS# 202517404 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

    Restaurant Opportunity Near Courthouse Square

    This mixed-use property presents a restaurant opportunity on Bloomington's Near Westside, situated five blocks from the Courthouse Square. Located on Kirkwood Avenue, one of Bloomington's busiest and well-known streets, the property offers the potential for a beer and wine license. The building includes its own parking lot and can accommodate seating for over 100 people, in addition to upper and lower deck areas. The infrastructure features a 12 x 8 walk-in cooler, dishwasher, six-burner gas stove with griddle, a Type 1 Hood with Ansul system, and an additional Type II hood that can be converted to have an Ansul system, along with all necessary sinks. The property consists of two addresses: 620 downstairs and 624 upstairs. The property is zoned GB-General Business(MO) and is available for lease on a NNN basis. The property has a size of 2580 square feet and is situated on a 0.2-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    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 space with parking and infrastructure near downtown Bloomington.
    Where is this restaurant located?
    The property is located at 620 W Kirkwood Ave Bloomington, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Kirkwood Avenue, near Courthouse Square.; - Seating capacity for over 100 people, plus upper and lower deck.; - Includes a parking lot.
    (812) 333-5252
    Request Owner's contact information
    620 W Kirkwood Ave Bloomington, IN 47404
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    Bloomington, IN 47404
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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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