Building Details

Year Built 1977

Listing Agency: Land Pro Realty

Listed By: Lacey Hays · License #RB210002118 Show Phone

Source: Barberryrealty

Added: Sep 13 Changed: Sep 14 Last Checked: Sep 14 at 4:11PM

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Investment Insights

Based on property information with market context.

This 1,404-square-foot office unit was renovated in 1977 and configured for flexible commercial use. The space includes an updated layout, multiple exits, and a dedicated parking lot, with potential applications spanning office, showroom, retail, and service-based operations.

The property is located in downtown Bloomfield, Indiana. Water and trash service are included. Additional space may be available in a separate building with over 2,000 square feet, providing a possible expansion option subject to availability.

Key Highlights

• 1,404 SF renovated office/showroom space
• Dedicated parking lot with multiple exits
• Flexible configuration for office, retail, showroom, or service uses

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Furniture & Home Goods Storage Facility

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

NNN (Triple Net)

Lease Type

$3.85 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

286

Businesses Nearby

Explore this area Business Placement

Demographics for 47424, IN

8,893

Population

3,986

Households

2.2

Avg Household Size

44

Median Age

18%

College-Educated

87%

High-School Grad

186.6 sq mi

ZIP Area

48

Density / Sq Mi

$69,022

Median Household Income

$43,517

Median Earnings

$824

Median Rent

$163,600

Median Home Value

Market

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office units - Updated layout, multiple exits, and dedicated parking support office, showroom, retail, or service-oriented occupancy.

Where is this office units located?

The property is located at 45 E Mechanic St Bloomfield, IN.

What is the lease rate?

The lease rate is $3,000/Mo.

What are key features of this property?

This property features: 1,404 SF renovated office/showroom space; Dedicated parking lot with multiple exits; Flexible configuration for office, retail, showroom, or service uses