Historic Two-Level Office
For Sale
Contact for pricing
4638 E State Road 45, Bloomington, IN 47408
COMMERCIAL FOR LEASE, Bloomington, IN
Property Size4,300 SF
Lot Size1.05 Acres
Price / SF$0.70
Days on Market199
Property Features for 4638 E State Road 45
General Information
Property type
Residential
Property subtype
Office
Zoning description
Limited Business
Rooms
Basement
Lot features
City
Directions
Property is on your right, right before Prairie Green Court.
Subdivision
Monroe County
Standard status
Active
APN
53-05-36-200-017.000-004
Lot size
1.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
012-04420-00 PT NE NW 36-9-1W 0.89 A Plat 4
Tax Annual Amount
3376
Legal Description
012-04420-00 PT NE NW 36-9-1W 0.89 A Plat 4
Utilities
Cooling system
Central Air
Amenities
restrooms
kitchenette
open common area
storage
original hardwood floors
new windows
fiber internet
Building Details
Year built
1928
Flooring type
Carpet, Wood
Roof type
Shingle
Listing Agency:
Sterling Real Estate
(812) 333-1966
Listed By:
Heather Groves · License #RB15001614
(812) 606-4239
Added: Feb 5
Changed: Aug 20
Last Checked: Aug 23 at 7:06AM
MLS# 202603594
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.
The Poplar Grove School is a 1928 office property comprising over 4,300 square feet across two levels. The building contains 10 office spaces, an open common area, storage, restrooms, kitchenettes, and a larger first-level gathering area with original hardwood flooring. Fresh paint, new carpet, more than 50 new windows, central air, and fiber internet through GigabitNow are in place. The property occupies just over 1.05 acres and includes more than 25 parking spaces.
Located at 4638 E State Road 45 in Bloomington, the property is east of Indiana University and near IU Health Bloomington Hospital. Limited Business zoning supports a range of stated uses, including office, retail, daycare, studio or gallery space, therapy, counseling, real estate, law, insurance, and related professional services. The full property or either level may be rented separately.
Located at 4638 E State Road 45 in Bloomington, the property is east of Indiana University and near IU Health Bloomington Hospital. Limited Business zoning supports a range of stated uses, including office, retail, daycare, studio or gallery space, therapy, counseling, real estate, law, insurance, and related professional services. The full property or either level may be rented separately.
Key Highlights
- Over 4,300 square feet arranged across two levels
- 10 office spaces plus common, storage, and open‑area components
- More than 50 new windows, new carpet, fresh paint, and original hardwood flooring
Property Analytics
Property Profile
Current Use
Lease Details
10
Office units
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 47408, IN
22,917
Population
10,456
Households
2.2
Avg Household Size
28
Median Age
59%
College-Educated
98%
High-School Grad
64.4 sq mi
ZIP Area
356
Density / Sq Mi
$45,584
Median Household Income
$15,819
Median Earnings
$1,177
Median Rent
$304,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Limited Business zoning supports office, retail, studio, and counseling uses.
Where is this office building located?
The property is located at 4638 E State Road 45 Bloomington, IN.
What are key features of this property?
This property features: Over 4,300 square feet arranged across two levels; 10 office spaces plus common, storage, and open‑area components; More than 50 new windows, new carpet, fresh paint, and original hardwood flooring
