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Mixed-Use Building with Storage
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400 S Walnut St, Bloomington, IN 47401

Downtown property combines street-level retail, apartments, storage units, parking, and a detached garage.

Property SizeContact for details
Days on Market143

Property Features for 400 S Walnut St

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use, Self Storage
Listing Agency: FC Tucker/Bloomington, REALTORS
Listed By: Christopher Cockerham · License #RB14027897
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:09PM

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 FC Tucker/Bloomington, REALTORS

Investment Insights

Based on property information with market context.

This downtown mixed-use building contains two street-level retail suites of approximately 2,000 SF each, with open display areas and large windows oriented toward S. Walnut St. The residential component includes six apartments across the main and second levels, with a mix of one-bedroom, two-bath and two-bedroom, two-bath layouts.

The property is fully leased and includes 23 storage units, an adjacent parking lot with 18 spaces, and a two-car garage. Water, sewer, and common-area electricity are paid by the landlord, while tenants handle gas and electric through separate meters. The combination of retail, residential, storage, parking, and garage space creates a varied mixed-use configuration in a downtown setting.

Key Highlights

  • Two street‑level retail spaces of approximately 2,000 SF each
  • Six apartments with one‑bedroom/two‑bath and two‑bedroom/two‑bath layouts
  • 23 storage units provide additional income‑producing space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Locksmith Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,769
Businesses Nearby

Demographics for 47401, IN

41,225
Population
21,162
Households
1.9
Avg Household Size
35
Median Age
62%
College-Educated
95%
High-School Grad
82.6 sq mi
ZIP Area
499
Density / Sq Mi
$65,643
Median Household Income
$34,279
Median Earnings
$1,181
Median Rent
$333,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines street-level retail, apartments, storage units, parking, and a detached garage.
Where is this mixed-use property located?
The property is located at 400 S Walnut St Bloomington, IN.
What are key features of this property?
This property features: Two street‑level retail spaces of approximately 2,000 SF each; Six apartments with one‑bedroom/two‑bath and two‑bedroom/two‑bath layouts; 23 storage units provide additional income‑producing space
(812) 336-7300 Call to check price and availability
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