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Retail Space with Salon Buildout
New
For Lease
$14 SF/Yr

534 S College Avenue, Bloomington, IN 47403

COMMERCIAL FOR LEASE, Bloomington, IN

Space SizeContact for details
Lot Size5.00 Acres
Days on Market5

Property Features for 534 S College Avenue

General Information

Property type Residential
Property subtype Retail
Zoning description MD
Lot features City
Directions S. College Avenue at Seminary Square
Subdivision Monroe County
Standard status Active
APN 53-08-04-215-005.000-009
Lot size 5.00 Acres

Taxes and HOA fees

Tax Description MCCSC SubDiv Lot 9-17 | |
Legal Description MCCSC SubDiv Lot 9-17 | |

Utilities

Cooling system Central Air

Amenities

half bath
breakroom
storage

Building Details

Year built 1900
Flooring type Concrete
Roof type Rubber
Listing Agency: FC Tucker/Bloomington REALTORS
Listed By: John West · License #RB14012678
Added: Aug 18 Last Checked: Aug 22 at 12:06PM
MLS# 202633647

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 main-level retail space at 534 S College Avenue includes an existing hair salon buildout that can remain in place, or the landlord can remove it for an office or retail layout. The premises include a half bath, breakroom, storage area, concrete flooring, and central air, with a rubber roof serving the building.

The property is located in Seminary Square and is anchored by Kroger. On-site parking is available, and gross rent includes common charges and utilities other than gas. The space was constructed in 1900 and is in excellent condition.

Key Highlights

  • Main‑level retail space in Seminary Square
  • Existing hair salon fixtures; landlord can demo for office or retail use
  • Half bath, breakroom, and storage included

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Storage Facility Electrical Service Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,590
Businesses Nearby

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Main-level commercial space with a breakroom, storage, half bath, and flexible office or retail potential.
Where is this retail space located?
The property is located at 534 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: Main‑level retail space in Seminary Square; Existing hair salon fixtures; landlord can demo for office or retail use; Half bath, breakroom, and storage included
More about this property
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