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Renovated Victorian Office Units
For Lease
$1,300/Mo CAM $4 /USD/SF/YR

515 W Kirkwood Avenue, Bloomington, IN 47404

COMMERCIAL FOR LEASE, Bloomington, IN

Space SizeContact for details
Lot Size0.20 Acres
Days on Market121

Property Features for 515 W Kirkwood Avenue

General Information

Property type Residential
Property subtype Office
Subdivision Northwest Bloomington City
Directions Just West of Circle K at Kirkwood and Rogers intersection
Standard status Active
APN 53-05-32-413-000.000-005
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2027
Tax Description Original plat 143
Tax Annual Amount 58440
Legal Description Original plat 143

Utilities

Cooling system Central Air

Amenities

hardwood floors
pocket doors
fireplace
kitchen area

Building Details

Year built 1894
Flooring type Wood
Roof type Shingle, Composition
Listing Agency: Bloomington Residential and Commercial
Listed By: Thomas Gallagher · License #RB1406236
Added: Apr 24 Changed: Aug 20 Last Checked: Aug 22 at 9:06PM
MLS# 202614705

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 commercially zoned Victorian property at 515 W Kirkwood Avenue features renovations alongside original architectural details, including hardwood flooring, pocket doors, a grand entry staircase, and an older fireplace. The layout includes a kitchen area and a back office or adaptable secondary space. Central air serves the building, and an additional 1,000 square feet may also be available for lease.

The property is located in Bloomington’s Arts & Entertainment District and Bloomington Urban Enterprise Zone. CAM covers HVAC, parking, water, trash, electric, and snow removal. The building was constructed in 1894 and occupies 0.2 acres, with a shingle and composition roof.

Key Highlights

  • Victorian commercial property constructed in 1894
  • Commercial zoning supports office or retail use options
  • Located in Bloomington’s Arts & Entertainment District

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Store Pet Store & Service Catering Service

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

Location Intelligence

Trade Area within ½ mile

2,801
Businesses Nearby

Demographics for 47404, IN

23,799
Population
12,101
Households
2
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
52.6 sq mi
ZIP Area
452
Density / Sq Mi
$54,674
Median Household Income
$36,725
Median Earnings
$1,159
Median Rent
$243,500
Median Home Value

Market

Lease Benchmarks for Bloomington, IN

$13.49 /SF/Yr
Avg Asking Price
$2.4–$18 /SF/Yr
Price Range
1,584 SF
Avg Space Size

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercially zoned property in Bloomington’s Arts & Entertainment District offers renovated interiors with office or retail use options.
Where is this office units located?
The property is located at 515 W Kirkwood Avenue Bloomington, IN.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Victorian commercial property constructed in 1894; Commercial zoning supports office or retail use options; Located in Bloomington’s Arts & Entertainment District
More about this property
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