217 Lincoln Street, Bloomington, IN 47408

Building Details

Year built

1980

Flooring type

Mixed

Roof type

Flat

Listing agent Jeff Brawley License #RB14041028 Show Phone

Listing office Brawley Real Estate r***@owensrealtygroup.com 3802 E Third Street, Bloomington, IN Show Phone

Listing date Jul 31, 2025

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MLS# 202530199

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 fully leased mixed-use building at 217 S Lincoln Street includes 12 residential units and 3 street-facing commercial units. The residential mix features eleven 1-bedroom, 1-bath apartments, plus a 5-bedroom, 3-bath penthouse. The commercial component consists of three street-facing spaces, with two of the units occupied by well-known Bloomington restaurants.

The property is located just steps from IU Campus and Kirkwood Avenue, placing it in a walkable, active area with ongoing retail demand driven by the campus environment. The building’s street-facing orientation supports visibility and customer access for the ground-floor commercial uses.

For tenants, buyers, or operators, the asset’s combination of apartment units and retail storefronts offers a diversified on-site income stream under current leases. The existing tenant occupancy in both the residential and commercial components provides immediate stabilization, while the campus-adjacent setting supports continued relevance for both housing and neighborhood-oriented retail dining.

Suggested Use

Nursing Home Auto Parts Store Nursing Home Department Store Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store & Service (Bike/Boat/Book/etc) Store Electronics & Wireless Store Supermarket

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

Location Insight

• Map
• Local Demand

City

Bloomington

County

Monroe

State

Indiana

Longitude

-86.530792

Latitude

39.164906

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FAQs

What type of property is this?

Mixed-use property - Fully leased mixed-use property combining apartments and street-facing retail in a high-activity Bloomington corridor.

Where is this mixed-use property located?

The property is located at 217 Lincoln Street Bloomington, IN.

What is the asking price?

The asking price for this property is $2,975,000.

What are key features of this property?

This property features: Fully leased mixed‑use investment property with 12 residential units and 3 street‑facing commercial units; Residential mix includes eleven 1‑bed/1‑bath apartments and a 5‑bed/3‑bath penthouse; Includes 3 street‑facing commercial units; 2 are occupied by Bloomington restaurants