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Commercial Land With Existing Buildings
For Sale
$399,900

500 S Cory Ln, Bloomington, IN 47403

Commercial Arterial-zoned property with multiple buildings, leased improvements, and convenient access to Bloomington’s west side.

Property Size360 SF
Price / SF$1,110
Days on Market14

Property Features for 500 S Cory Ln

General Information

Standard status Active
Size 360 SF

Building Details

Year Built 1942
Listing Agency: RE/MAX Acclaimed Properties
Listed By: AJ Bowlen · License #RB16000753
Source: Spencerchildersgroup
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 29 at 12:36PM

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 RE/MAX Acclaimed Properties

Investment Insights

Based on property information with market context.

This 1.67-acre commercial property includes a main building measuring more than 4,200 SF, plus a pole barn and a separate smaller building. The main structure requires interior finish work so the buyer can complete it for their needs. Recent improvements to the smaller building include HVAC and new flooring, supporting office use. The pole barn and blue building are currently leased.

The property is located at 500 S Cory Ln on Bloomington’s west side, with access from 3rd Street and Cory and from 2nd Street. I-69 is less than a 2-minute drive away. Monroe County Commercial Arterial zoning allows a range of uses, including multi-family dwellings and storage units, according to the attached permitted-use list.

Key Highlights

  • 1.67‑acre commercial property on Bloomington’s west side
  • Main building measures more than 4,200 SF and requires interior finish work
  • Pole barn and blue building are currently leased

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Law Firm Garden Center Food Market

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

812
Businesses Nearby

Demographics for 47403, IN

33,066
Population
16,271
Households
2
Avg Household Size
35
Median Age
39%
College-Educated
93%
High-School Grad
85.0 sq mi
ZIP Area
389
Density / Sq Mi
$68,703
Median Household Income
$40,391
Median Earnings
$1,114
Median Rent
$222,000
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial Arterial-zoned property with multiple buildings, leased improvements, and convenient access to Bloomington’s west side.
Where is this commercial land located?
The property is located at 500 S Cory Ln Bloomington, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1.67‑acre commercial property on Bloomington’s west side; Main building measures more than 4,200 SF and requires interior finish work; Pole barn and blue building are currently leased
More about this property
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