123 S Franklin Road, Bloomington, IN 47404

Building Details

Year built

1993

Flooring type

Carpet, Tile

Roof type

Asphalt

Listing agent Isaac Redden License #RB14047983 Show Phone

Listing office Century 21 Scheetz - Bloomington 1155 S College Mall Rd Suite C, Carmel, IN Show Phone

Listing date Oct 18, 2024

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MLS# 202440463

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.

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Overview

This offering is a 5,494-square-foot office building with a mixed-use configuration, supported by multiple updates and renovations. The property includes 30,000 square feet of site pavement, providing established paved area for day-to-day operations. The building is currently leased by MedExpress under a triple-net structure, with several years remaining and options to extend.

Located on Bloomington’s west side at 123 S Franklin Road, the asset benefits from visibility and road frontage along the site’s frontage. The property sits on a 1.02-acre lot in Monroe County, Indiana (47404).

For buyers seeking a stabilized, triple-net office investment, this leased office building offers an in-place tenant and continuing lease term, with extension options noted in the listing. The mixed-use improvements and renovations can support a range of office-oriented functions, while the paved site area adds practical utility for tenant operations. Buyers should review the lease details and any available extension terms to confirm timelines and responsibilities under the existing triple-net agreement.

Suggested Use

Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Travel Agency Hair Salon Food Market (Bike/Boat/Book/etc) Store Shopping Center & Mall Veterinary Clinic

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

Location Insight

• Map
• Local Demand

City

Bloomington

County

Monroe

State

Indiana

Longitude

-86.570569

Latitude

39.165362

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FAQs

What type of property is this?

Office building - Updated mixed-use office building leased on a triple-net basis with multiple years remaining.

Where is this office building located?

The property is located at 123 S Franklin Road Bloomington, IN.

What is the asking price?

The asking price for this property is $2,900,000.

What are key features of this property?

This property features: 5,494 SF office building on Bloomington’s west‑side; Mixed‑use building with central air, carpet and tile flooring, and an asphalt shingle roof; Currently leased by MedExpress under a triple‑net lease with several years remaining plus extension options