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Campus Restaurant Space
For Lease
$3,100/Mo

212 N Indiana Ave, Bloomington, IN 47408

Renovated food-service space positioned across from Indiana University’s Mauer School of Law and near the Sample Gates.

Space SizeContact for details
Days on Market78

Property Features for 212 N Indiana Ave

General Information

Standard status Active

Building Details

Year Built 1980
Listing Agency: Colliers International
Listed By: Dave Harstad · License #RB14036381
Source: Spencerchildersgroup
Added: Jul 31 Changed: Oct 12 Last Checked: Oct 15 at 2:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers International

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Investment Insights

Based on property information with market context.

The standalone restaurant property at 212 N Indiana Ave includes 1,332 square feet and was fully renovated in 2022 for a pizza operation. Existing restaurant equipment is available for separate purchase, offering a built-out setting for a food-service tenant. The building dates to 1980.

The property sits directly across from Indiana University’s Mauer School of Law and approximately 1.5 blocks from the IU Sample Gates. Parking includes exclusive use of three stalls, along with shared access to five additional stalls. The tenant is responsible for utilities, while exterior maintenance, including snow removal, is included in the rent.

Key Highlights

  • 1,332 SF restaurant property at 212 N Indiana Ave
  • Fully renovated in 2022 for a pizza operation
  • Across from Indiana University’s Mauer School of Law

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service Locksmith

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
$4.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,776
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47408, IN

22,917
Population
10,456
Households
2.2
Avg Household Size
28
Median Age
59%
College-Educated
98%
High-School Grad
64.4 sq mi
ZIP Area
356
Density / Sq Mi
$45,584
Median Household Income
$15,819
Median Earnings
$1,177
Median Rent
$304,600
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated food-service space positioned across from Indiana University’s Mauer School of Law and near the Sample Gates.
Where is this conventional restaurant located?
The property is located at 212 N Indiana Ave Bloomington, IN.
What is the lease rate?
The lease rate is $3,100/Mo.
What are key features of this property?
This property features: 1,332 SF restaurant property at 212 N Indiana Ave; Fully renovated in 2022 for a pizza operation; Across from Indiana University’s Mauer School of Law
More about this property
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