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Two-Level Office Unit with Garage

117 S Gentry Street, Bloomington, IN 47404

For Lease
New
$413,400

COMMERCIAL FOR LEASE, Bloomington, IN

Space Size2,650 SF - 5,125 SF
Lot Size0.13 Acres
Days on Market4

Property Features for 117 S Gentry Street

General Information

Property type Residential Lease
Property subtype Office
Zoning description Mixed Use Downtown
Rooms Basement
Directions Gentry is an alley between 4th & 5th street, 1/2 block W of S. College.
Subdivision Monroe County
Standard status Active
APN 53-05-33-310-027.000-005
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Original Plat Lot 87
Legal Description Original Plat Lot 87

Utilities

Cooling system Central Air

Amenities

kitchenette
storage garage

Building Details

Year built 1900
Flooring type Concrete
Roof type Rubber
Listing Agency: FC Tucker/Bloomington REALTORS
Listed By: John West · License IN RB14012678
Added: Nov 6 Last Checked: Nov 9 at 3:06PM
MLS# 202645789

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.

Rey
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Investment Insights

Based on property information with market context.

This two-level office unit offers 2,650 square feet suited to office or gallery use. Large windows bring in natural light, and the space includes two bathrooms, a kitchenette, storage, and a storage garage. Concrete flooring and central air are also present; the property dates to 1900.

The unit may be leased together with an adjacent 2,475-square-foot space at 212 W 4th Street, for a combined 5,125 square feet.

Key Highlights

  • 2,650 SF across two levels, suitable for office or gallery use
  • Large windows provide natural light
  • Two bathrooms, kitchenette, storage, and storage garage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Butcher Pet Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,937
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Bloomington, IN

$79.86 /SF/Yr
Avg Asking Price
$10–$422 /SF/Yr
Price Range
2,126 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Bloomington, IN

$12.93 Jul
$16.92 Aug
$18.02 Sep
$70.73 Oct

Properties on Market for Office Units in Bloomington

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Natural light, central air, a kitchenette, and two bathrooms support office or gallery use.
Where is this office unit located?
The property is located at 117 S Gentry Street Bloomington, IN.
What is the lease rate?
The lease rate is $413,400.
What are key features of this property?
This property features: 2,650 SF across two levels, suitable for office or gallery use; Large windows provide natural light; Two bathrooms, kitchenette, storage, and storage garage
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