Two-Parcel Retail and Office
For Sale
Contact for pricing
5340-5350 S Old State Rd 37, Bloomington, IN 47401
Two leased buildings with shared parking and high visibility along S. Old State Road 37 south of Kroger and Wendy’s.
Property SizeContact for details
Days on Market66
Property Features for 5340-5350 S Old State Rd 37
General Information
Standard status
Active
Property subtype
RETAIL
Occupancy
100%
Additional Details
Office Units
4
Building Details
Year Built
1997
Tenancy
Multi
Listing Agency:
Stafford Real Estate
(812) 325-4456
Listed By:
Jim Stafford · License #RB14033324
(812) 325-4456
Source:
Moodyscre
Added: Jun 18
Changed: Aug 9
Last Checked: Aug 22 at 7:56AM
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 Stafford Real Estate
Investment Insights
Based on property information with market context.
This two-parcel commercial investment includes two leased buildings and a shared asphalt parking lot. The property at 5340 S. Old State Road 37 was built in 1997 and contains four office suites, each with a half bath. The property at 5350 S. Old State Road 37 was built in 1956 and includes a 4,320 SF retail building with a partial basement and two half baths.
Both buildings are currently occupied. Existing tenant uses listed for the spaces include a tattoo studio, real estate office, appraisal office, massage/wellness suite, and a retail liquidation/resale business. The offering is located on Bloomington’s south side with high visibility along S. Old State Road 37, just south of a Kroger and a Wendy’s.
This setup can fit buyers seeking a multi-tenant package with both office-suite space and a dedicated retail building under one ownership structure. Commercial tenants are responsible for utilities, taxes, and snow removal, while the landlord covers building insurance, grass cutting, and building repairs. The rent roll and all lease terms, deposits, expenses, and detailed rent information are presented by the owner and should be verified by the buyer during due diligence. The parcels are being sold together.
Both buildings are currently occupied. Existing tenant uses listed for the spaces include a tattoo studio, real estate office, appraisal office, massage/wellness suite, and a retail liquidation/resale business. The offering is located on Bloomington’s south side with high visibility along S. Old State Road 37, just south of a Kroger and a Wendy’s.
This setup can fit buyers seeking a multi-tenant package with both office-suite space and a dedicated retail building under one ownership structure. Commercial tenants are responsible for utilities, taxes, and snow removal, while the landlord covers building insurance, grass cutting, and building repairs. The rent roll and all lease terms, deposits, expenses, and detailed rent information are presented by the owner and should be verified by the buyer during due diligence. The parcels are being sold together.
Key Highlights
- Two‑parcel commercial investment: 5340 and 5350 S. Old State Road 37 on Bloomington’s south side
- High visibility location along S. Old State Road 37 just south of Kroger and Wendy’s
- 5340 S. Old State Road 37 (built 1997): four 900 SF office suites, each with a half bath
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Two leased buildings with shared parking and high visibility along S. Old State Road 37 south of Kroger and Wendy’s.
Where is this retail space located?
The property is located at 5340-5350 S Old State Rd 37 Bloomington, IN.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑parcel commercial investment: 5340 and 5350 S. Old State Road 37 on Bloomington’s south side; High visibility location along S. Old State Road 37 just south of Kroger and Wendy’s; 5340 S. Old State Road 37 (built 1997): four 900 SF office suites, each with a half bath
