Mixed-Use Property with
For Sale
$400,000
2723 North Walnut Street, Bloomington, IN 47404
Business-zoned commercial property with leased occupancy, basement access, and a location along a busy highway outside town.
Property Size42,689 SF
Price / SF$9.37
Days on Market413
Property Features for 2723 North Walnut Street
General Information
Standard status
Active
Size
42,689 SF
Property subtype
Commercial / Mixed Use
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,580
Amenities
kitchen
washer/dryer hookup
private exterior entrance
interior stairway
Central Air
1
Yes
Laminate
Electric
Full Basement, Outside Entrance, Walk-Out Basement
Asphalt
Vinyl
Concrete
Shingle
Building Details
Year Built
1950
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
Stanger Homes, LLC
(812) 219-2307
Listed By:
Michelle Stanger · License #RB14044502
Source:
Compass
Added: Jul 14, 2025
Changed: Aug 29
Last Checked: Aug 29 at 2:13PM
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 Stanger Homes, LLC
Investment Insights
Based on property information with market context.
This mixed-use commercial property is currently occupied by a local radio station under an assumable 5-year lease. The building includes a kitchen, electric heat and stove, washer/dryer hookup, central air, and a full basement with an exterior walk-out entrance. Separate electrical breaker boxes and meters serve the upper level, while an interior stairway can connect both levels when used together.
Positioned along a busy highway outside town, the property sits directly across from a gas station and convenience store. A wooded backyard view adds a natural element to the rear of the site. Business zoning supports the property's commercial use, and the rear exterior entrance provides independent access to the lower level.
Positioned along a busy highway outside town, the property sits directly across from a gas station and convenience store. A wooded backyard view adds a natural element to the rear of the site. Business zoning supports the property's commercial use, and the rear exterior entrance provides independent access to the lower level.
Key Highlights
- Currently leased to a local radio station with an assumable 5‑year lease
- Full basement with outside entrance and walk‑out access
- Kitchen, electric heat and stove, washer/dryer hookup, and central air
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Business-zoned commercial property with leased occupancy, basement access, and a location along a busy highway outside town.
Where is this mixed-use property located?
The property is located at 2723 North Walnut Street Bloomington, IN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Currently leased to a local radio station with an assumable 5‑year lease; Full basement with outside entrance and walk‑out access; Kitchen, electric heat and stove, washer/dryer hookup, and central air
