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Flex Space with Garage Access
For Lease
$4,200/Mo

633 N Morton Street, Bloomington, IN 47404

COMMERCIAL FOR LEASE, Bloomington, IN

Space Size5,651 SF
Lot Size0.57 Acres
Days on Market271

Property Features for 633 N Morton Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Mixed-Use Downtown - Showers Technology
Parking features Off Street
Subdivision Northeast Bloomington City
Directions Southwest Corner of 11th St and Morton St.
Standard status Active
APN 53-05-33-206-035.000-005
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 013-14860-00 HUNTERS LOTS 3, 2, 1 & VAC ALLEY
Tax Annual Amount 10642
Legal Description 013-14860-00 HUNTERS LOTS 3, 2, 1 & VAC ALLEY

Utilities

Cooling system Central Air

Building Details

Year built 1960
Flooring type Concrete
Roof type Asphalt
Listing Agency: Realty Professionals · RE/MAX International
Listed By: Jim Regester · License #RB14012351
Added: Nov 25, 2025 Changed: Aug 19 Last Checked: Aug 23 at 9:06AM
MLS# 202547227

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 5,651 SF flex space combines open light industrial area with office and storage components. The layout includes 651 SF of ground-level office space and another 651 SF upstairs office and/or storage area, with both office areas remodeled in 2026. A ground-level 14-foot garage door supports access, while floor drains, concrete flooring, electrical outlets and switches, efficient lighting, and a 16-foot eave height serve the operational area. Two heating and air conditioning systems provide climate control, and the building has an asphalt roof installed two years ago.

The property occupies 0.57 acres at 633 N Morton Street in Downtown Bloomington, a location described as being within a few blocks of Indiana University and City Hall. Five dedicated parking spaces are included, with additional spaces available for lease. Tenants are responsible for electricity, gas, water, and sewer.

Key Highlights

  • 5,651 SF total flex and light industrial space
  • 651 SF ground‑level office plus 651 SF upstairs office and/or storage
  • 14‑foot ground‑level garage door and 16‑foot eave height

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Building Supply Auto Repair Shop Storage Facility Electrical Service HVAC Service

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

16 ft
Clear height
1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,296
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47404, IN

23,799
Population
12,101
Households
2
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
52.6 sq mi
ZIP Area
452
Density / Sq Mi
$54,674
Median Household Income
$36,725
Median Earnings
$1,159
Median Rent
$243,500
Median Home Value

Market

Lease Benchmarks for Bloomington, IN

$11.25 /SF/Yr
Avg Asking Price
$10–$15.23 /SF/Yr
Price Range
4,064 SF
Avg Space Size

This space is priced 21% below the average of $11.25 /SF/Yr.

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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Open light industrial space combines office areas, warehouse functionality, dedicated parking, and climate control in a central Bloomington setting.
Where is this flex space located?
The property is located at 633 N Morton Street Bloomington, IN.
What is the lease rate?
The lease rate is $4,200/Mo.
What are key features of this property?
This property features: 5,651 SF total flex and light industrial space; 651 SF ground‑level office plus 651 SF upstairs office and/or storage; 14‑foot ground‑level garage door and 16‑foot eave height
More about this property
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