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Victorian Retail Space with Hardwood Floors
New
For Lease
$1,300/Mo CAM $4 /USD/SF/YR

515 West Kirkwood Ave, Bloomington, IN 47404

Commercially zoned Victorian setting with a grand staircase, pocket doors, fireplace, kitchen area, and back office.

Space SizeContact for details
Days on Market4

Property Features for 515 West Kirkwood Ave

General Information

Standard status Active

Additional Details

Space Use Office
CAM $4 /USD/SF/YR

Amenities

grand staircase
hardwood floors
pocket doors
fireplace
kitchen area
back office
parking

Building Details

Year Built 1894
Construction Victorian
Listing Agency: Bloomington Residential and Commercial
Listed By: Thomas Gallagher · License #RB1406236
Source: Kmsrealestategroup
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 28 at 8:57PM

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 Bloomington Residential and Commercial

Investment Insights

Based on property information with market context.

This commercially zoned Victorian house offers 1,200 square feet of renovated space suited to retail or office use. Interior details include a grand staircase at the foyer, extensive hardwood flooring, pocket doors, and an original fireplace. The layout also includes a kitchen area and a rear office or flexible workroom, with the possibility of adding 1,000 square feet through a separate rental arrangement.

The property is within Bloomington’s Arts & Entertainment District and Urban Enterprise Zone. CAM covers HVAC, parking, water, trash, electric, and snow removal. Built in 1894, the building combines historic character with updated commercial functionality.

Key Highlights

  • 1,200 SF commercially zoned Victorian retail property
  • 1,000 additional square feet may be available to rent
  • Located in Bloomington’s Arts & Entertainment District

Property Analytics

Current Use

Retail space

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
$1.95 /SF/Yr
CAM

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

$14.35 /SF/Yr
Avg Asking Price
$2.4–$25 /SF/Yr
Price Range
5,749 SF
Avg Space Size

This space is priced 9% below the average of $14.35 /SF/Yr.

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?
Retail space - Commercially zoned Victorian setting with a grand staircase, pocket doors, fireplace, kitchen area, and back office.
Where is this retail space located?
The property is located at 515 West Kirkwood Ave Bloomington, IN.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: 1,200 SF commercially zoned Victorian retail property; 1,000 additional square feet may be available to rent; Located in Bloomington’s Arts & Entertainment District
More about this property
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