Office Suite with Reception
For Lease
$14 SF/Yr Modified Gross
532 S College Avenue, Bloomington, IN 47403
SINGLE_FAMILY - Bloomington, IN
Space SizeContact for details
Lot Size4.00 Acres
Days on Market98
Property Features for 532 S College Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning description
MD-DG
Lot features
City
Directions
From W 2nd St, turn onto S College Ave
Subdivision
Monroe County
Standard status
Active
APN
53-08-04-215-005.000-009
Lot size
4.00 Acres
Taxes and HOA fees
Tax Description
MCCSC Sub Div Lots 9-17
Legal Description
MCCSC Sub Div Lots 9-17
Utilities
Cooling system
Central Air
Building Details
Year built
1980
Flooring type
Carpet
Roof type
Flat
Listing Agency:
FC Tucker/Bloomington REALTORS
(812) 336-7300
Listed By:
John West · License #RB14012678
(812) 322-1983
Added: May 6
Changed: Jul 6
Last Checked: Aug 11 at 9:06PM
MLS# 202616815
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 finished office space is laid out with a reception area, two private offices, clerical areas, plus a breakroom and restroom. It was previously used as office space for Gigabit Now. Possession is negotiable, and the suite is being offered for rent with a modified gross structure.
The property is located at 532 S College Avenue in Bloomington, IN 47403, within Monroe County. The listing information notes the site includes a 4-acre lot, though no individual suite size is provided.
For tenants seeking a ready-to-occupy setup, the combination of a public-facing reception, separate private offices, and back-office clerical space supports a range of professional uses. The lease is described as modified gross, with the only additional tenant expense identified as gas. A 2-year minimum base term is preferred, which may align well for stable teams looking for a longer initial commitment.
The property is located at 532 S College Avenue in Bloomington, IN 47403, within Monroe County. The listing information notes the site includes a 4-acre lot, though no individual suite size is provided.
For tenants seeking a ready-to-occupy setup, the combination of a public-facing reception, separate private offices, and back-office clerical space supports a range of professional uses. The lease is described as modified gross, with the only additional tenant expense identified as gas. A 2-year minimum base term is preferred, which may align well for stable teams looking for a longer initial commitment.
Key Highlights
- Finished office space with reception area, 2 private offices, clerical areas, breakroom, and restroom
- Former offices of Gigabit
- Central air cooling and carpet flooring
Property Analytics
Property Profile
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
2,769
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Bloomington, IN
$12.82 /SF/Yr
Avg Asking Price
$2.4–$18 /SF/Yr
Price Range
3,687 SF
Avg Space Size
This space is priced 9% above the average of $12.82 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Finished office suite includes reception, two private offices, clerical areas, breakroom, and restroom under a modified gross lease.
Where is this office units located?
The property is located at 532 S College Avenue Bloomington, IN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Finished office space with reception area, 2 private offices, clerical areas, breakroom, and restroom; Former offices of Gigabit; Central air cooling and carpet flooring
