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Two-Story Mixed-Use Building
For Sale
$995,000

515 S Woodscrest Drive, Bloomington, IN 47401

COMMERCIAL, Bloomington, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market502

Property Features for 515 S Woodscrest Drive

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Lot features City
Directions E Third East, go south on Woodscrest Dr, building on the left before second street.
Subdivision Monroe County
Standard status Active
APN 53-08-03-100-056.000-009
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 49
Tax Description 015-05580-00 Woodscrest Prof. Park A-a.
Tax Annual Amount 12270
Legal Description 015-05580-00 Woodscrest Prof. Park A-a.

Utilities

Cooling system Central Air

Building Details

Year built 1970
Flooring type Tile, Carpet, Concrete, Tile - Ceramic
Roof type Asphalt
Listing Agency: Jason Millican Group
Listed By: Jason Millican · License #RB14027891
Added: Apr 7, 2025 Changed: Aug 20 Last Checked: Aug 21 at 5:06PM
MLS# 202511728

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.

This two-story brick mixed-use property contains more than 9,000 square feet of building area. The main level is arranged with a reception area, several offices, and bathrooms, while the upper floor includes a private apartment with access to a rear deck. A substantial basement provides additional storage space.

Built in 1970, the property has central air conditioning and an asphalt roof. Interior finishes include tile, ceramic tile, carpet, and concrete flooring. The building is positioned near the mall on the east side of Bloomington, offering a combination of office configuration and residential space within one commercial property.

Key Highlights

  • >9,000 square feet of building area
  • Two‑story brick construction with main‑level reception, offices, and bathrooms
  • Private upstairs apartment with rear deck

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store

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

995
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 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?
Mixed-use property - Brick commercial building with office accommodations, a private upstairs apartment, basement storage, and a rear deck.
Where is this mixed-use property located?
The property is located at 515 S Woodscrest Drive Bloomington, IN.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: >9,000 square feet of building area; Two‑story brick construction with main‑level reception, offices, and bathrooms; Private upstairs apartment with rear deck
More about this property
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