Retail Building with Private Office

3001 N Smith Pike Bloomington, IN 47404

New

For Sale

$469,000

COMMERCIAL - Bloomington, IN

Type:Retail

Property size:

1,800 SF

Lot size:

0.57 Acres

Price / SF:

$260/SF

For Sale

$469,000

COMMERCIAL - Bloomington, IN

Type:Retail

Property size:

1,800 SF

Lot size:

0.57 Acres

Price / SF:

$260/SF

Added:: Jul 9, 2026
Days on Market:: 3
Last Refresh:: Jul 11 at 10:06 am

Property Features for 3001 N Smith Pike

General Information

Property type: Commercial Sale
Property subtype: Retail
Standard status: Active
APN: 53-04-24-200-180.000-011
Lot size: 0.57 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Description: 007-12600-00 Grubb Smith Lot 1
Tax Annual Amount: 5457

Utilities

Cooling system: Central Air

Building Details

Year built: 1988
Flooring type: Concrete
Roof type: Metal

Listing agent Craig Dohman License #RB17001882

Listing office Dohman Team 3500 W Maple Grove Rd, Bloomington, IN

Listing date Jul 9, 2026

MLS# 202627392

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.

Investment Insights

Based on property information with market context.

This well-maintained retail building offers an open-span showroom measuring 48' x 21', along with a 10' x 13' private office that includes a service counter and sink. A similarly sized kitchen area is equipped with a range and refrigerator, and the building provides ample storage throughout. The property also includes a front checkout area with retail shelving and a detached storage building located behind the main structure.

The site provides ample on-site parking and two ingress/egress access points, with great signage in a highly visible location surrounded by established residential neighborhoods. The sale includes a 2-way liquor license and tobacco license. The property is zoned CD (Community Development), which allows a variety of commercial uses, including a Coffee Shop/Cafe, Child Care, Real Estate Office, and Religious Facility, among others.

Key Highlights

Well‑maintained 1,800+/- SF retail building built in 1988 with central air and concrete flooring
Metal roof; constructed with a solid steel frame by Graber
Open‑span 48' x 21' showroom plus 10' x 13' private office with service counter and sink

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$36.1k	$20.04
− Vacancy	−$1.6k	−$0.88
EGI	$34.5k	$19.16
− OpEx	−$10.3k	−$5.75
NOI	$24.1k	$13.41

1,800 SF · lease $20.04/SF/yr · vacancy 4.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$344.8K

$301.7K – $402.3K (±1% cap)

NOI $24,139 @ 7.0% cap · market cap 5.15%

Second Best

—

no second resolved use

Theoretical Best

Office A

$351.8K

$307.8K – $410.4K (±1% cap)

NOI $24,625 @ 7.0% cap · market cap 5.25%

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

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For sale
Storefront properties
IN
Bloomington
47404
3001 N Smith Pike

What type of property is this?

Storefront property - Well-maintained retail building includes an open showroom, private office with service area, and detached storage.

Where is this storefront property located?

The property is located at 3001 N Smith Pike Bloomington, IN.

What is the asking price?

The asking price for this property is $469,000.

What are key features of this property?

This property features: Well‑maintained 1,800+/- SF retail building built in 1988 with central air and concrete flooring; Metal roof; constructed with a solid steel frame by Graber; Open‑span 48' x 21' showroom plus 10' x 13' private office with service counter and sink

3001 N Smith Pike Bloomington, IN 47404

COMMERCIAL - Bloomington, IN

Property Features for 3001 N Smith Pike

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Split-Level Office Schoolhouse

Four-Unit Residential Income Property

Corner Reception Office Building

Office-Warehouse Flex Facility

Office and Retail Buildings with Parking

6-Unit Apartment Building with Garage

Duplex Investment Property with 3-Acre Lot

New Student Housing Duplex

Residential Income Duplex with Loft

Six-Unit Multifamily Building

Brand-New Duplex with Covered Porch

Multifamily Apartment Building

FAQs