Prime Retail & Office
For Sale
Contact for pricing
Pending
306 E Kirkwood Ave, Bloomington, IN
Fully leased retail and office asset in downtown Bloomington, Indiana.
Property Size22,801 SF
Lot Size0.40 Acres
Days on Market346
Property Features for 306 E Kirkwood Ave
General Information
Standard status
Pending
Size
22,801 SF
Lot size
0.40 Acres
Property subtype
RETAIL
Listing Agency:
Colliers
(317) 713-2348
Listed By:
Alex Davenport · License #RB14036381
(317) 556-3676
Source:
Moodyscre
Added: Sep 11, 2025
Changed: Aug 8
Last Checked: Aug 22 at 1:55PM
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
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire a two-story retail and office asset located at 300 E Kirkwood Avenue in Bloomington, Indiana. The property has a total area of 22,801 square feet and is fully leased to Old National Bank under a long-term NNN lease that extends through June 2036, with four 5-year renewal options. The offering includes two adjacent parking lots totaling 0.7-acres, providing additional income and future redevelopment potential. The property is strategically positioned on Kirkwood Avenue, Bloomington’s most active pedestrian thoroughfare, and benefits from proximity to Indiana University, which enrolls over 45,000 students. The surrounding area features a mix of retail, dining, and cultural attractions, ensuring consistent foot traffic. This investment offers stable in-place cash flow, annual CPI-based rent escalations, and minimal landlord responsibilities, in the heart of Downtown Bloomington and Indiana University.
Key Highlights
- Fully leased to Old National Bank (NYSE: ONB) through June 2036, offering stable, long‑term income.
- Located on Kirkwood Avenue, Bloomington's most active pedestrian thoroughfare near Indiana University.
- Trophy asset in a vibrant downtown corridor with high foot traffic and tenant desirability.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,942
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Fully leased retail and office asset in downtown Bloomington, Indiana.
Where is this bank located?
The property is located at 306 E Kirkwood Ave Bloomington, IN.
What are key features of this property?
This property features: Fully leased to Old National Bank (NYSE: ONB) through June 2036, offering stable, long‑term income.; Located on Kirkwood Avenue, Bloomington's most active pedestrian thoroughfare near Indiana University.; Trophy asset in a vibrant downtown corridor with high foot traffic and tenant desirability.
