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Two-Story Office Building

515 S Woodscrest Drive #Building A, Bloomington, IN 47401

For Sale
$995,000

A private upstairs apartment with a rear deck complements the office layout and basement storage.

Property SizeContact for details
Days on Market14

Property Features for 515 S Woodscrest Drive #Building A

General Information

Standard status Active
Property subtype Commercial

Additional Details

Property Use Office

Building Details

Year Built 1970
Buildings 1
Stories 2
Construction brick
Listing Agency: Jason Millican Group
Listed By: Jason Millican · License IN RB14027891
Source: Abbottsteam
Added: Nov 1 Changed: Nov 10 Last Checked: Nov 13 at 2:31AM

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 Jason Millican Group

Rey
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Investment Insights

Based on property information with market context.

This 9,000-plus-square-foot, two-story brick office building was constructed in 1970. The main level includes a reception area, multiple offices, and bathrooms. A large basement provides storage, while the upper floor contains a private apartment with a deck at the rear of the building.

The property is on Bloomington’s east side near the mall, at 515 S Woodscrest Drive, Building A.

Key Highlights

  • More than 9,000 square feet across two stories
  • Brick office building constructed in 1970
  • Main floor has a reception area, multiple offices, and bathrooms

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

Average Price Trend$/SF for Office buildings in Bloomington, IN

$181 Jul
$266 Aug
$271 Sep
$249 Oct

Properties on Market for Office buildings in Bloomington

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - A private upstairs apartment with a rear deck complements the office layout and basement storage.
Where is this office building located?
The property is located at 515 S Woodscrest Drive #Building A 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: More than 9,000 square feet across two stories; Brick office building constructed in 1970; Main floor has a reception area, multiple offices, and bathrooms
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