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Professional Office Suite
New
For Lease
$16 SF/Yr

4101 E 3rd Street, Bloomington, IN 47401

COMMERCIAL FOR LEASE, Bloomington, IN

Space Size2,905 SF
Lot Size0.41 Acres
Days on Market3

Property Features for 4101 E 3rd Street

General Information

Property type Residential
Property subtype Office
Directions GPS Friendly! Head East on 3rd St. Towards State Hwy 46. The Property will be on the left after the intersection of E. 3rd St. and S. Smith Road.
Subdivision Monroe County
Standard status Active
APN 53-05-36-304-012.000-005
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 013-51370-00 PARK RIDGE EAST PT 4 PT BLK B .41A Plat 1B
Tax Annual Amount 11316
Legal Description 013-51370-00 PARK RIDGE EAST PT 4 PT BLK B .41A Plat 1B

Utilities

Cooling system Central Air

Building Details

Year built 1970
Flooring type Laminate
Roof type Shingle
Listing Agency: FC Tucker/Bloomington REALTORS
Listed By: Chris Cockerham · License #RB14027897
Added: Sep 9 Last Checked: Sep 11 at 7:06PM
MLS# 202637145

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.

Approximately 2,905 SF of professional office space is available for lease in a layout designed for a range of workplace configurations. The suite includes four private offices, two expansive multipurpose rooms, and a reception area with room for two additional open-office workstations. The larger rooms can function as conference, training, or collaborative areas. Laminate flooring and central air are included, and the building was constructed in 1970.

The property is located at 4101 E 3rd Street in Bloomington, along the East 3rd Street corridor with access to State Road 46. Sixteen marked parking spaces serve the property, with additional on-site capacity available through the creation of further marked spaces. The site encompasses 0.41 acres and has a shingle roof.

Key Highlights

  • +/-2,905 SF of professional office space
  • Four private offices and two large multipurpose rooms
  • Reception area with space for two additional open‑office workstations

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Auto Repair Shop HVAC Service Kitchen & Bath Showroom

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

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

423
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Bloomington, IN

$19.58 /SF/Yr
Avg Asking Price
$2.4–$50 /SF/Yr
Price Range
2,041 SF
Avg Space Size

This space is priced 18% below the average of $19.58 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office layout with private rooms, multipurpose areas, reception space, and on-site parking.
Where is this office units located?
The property is located at 4101 E 3rd Street Bloomington, IN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: +/-2,905 SF of professional office space; Four private offices and two large multipurpose rooms; Reception area with space for two additional open‑office workstations
More about this property
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