5340-5350 S Old State Rd 37, Bloomington, IN 47401

Listing office Stafford Real Estate j**@realtystafford.com Show Phone

Listing date Jun 18, 2026

Source Moodyscre

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

Report an issue

---

Overview

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.

Suggested Use

Real Estate Agency Restaurant Pharmacy Hair Salon Big Box & Wholesale Store Nail Salon Skin Care Clinic Department Store Grocery & Convenience Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Bloomington

County

Monroe

State

Indiana

Longitude

-86.531721

Latitude

39.108057

Nearby Similar for Sale

• 

  $735,000

  4,302 SF

  Split-Level Office Schoolhouse

  Freshly painted, split between two levels, offering multiple offices, restrooms, and a kitchenette with new carpeting and windows.

  4638 E State Road 45, Bloomington, IN 47408

  View Details
• 

  $550,000

  4,750 SF

  Four-Unit Residential Income Property

  Four rental units across separate deeds, including remodeled interior, plus included garage and storage improvements.

  1024 N Country Club Drive, Bloomington, IN 47403

  View Details
• 

  $429,900

  360 SF

  Three-Building Flex and Warehouse

  Multi-building flex property with leased units and a main building requiring interior finish-out, zoned for multiple commercial uses.

  500 S Cory Lane, Bloomington, IN 47403

  View Details
• 

  $550,000

  Corner Reception Office Building

  Well-maintained corner building with reception, multiple offices, conference room, and 9 on-site parking spaces.

  1815 S Walnut Street, Bloomington, IN 47401

  View Details
• 

  $1,800,000

  Office-Warehouse Flex Facility

  Move-in ready office and heated, air-conditioned warehouse setup with multiple overhead doors and ample paved parking.

  4700 W Innovation Drive, Bloomington, IN 47404

  View Details
• 

  $875,000

  Office and Retail Buildings with Parking

  Two leased buildings with shared asphalt parking and five occupied suites along a highly visible south Bloomington corridor.

  5340 & 5350 S Old State Road 37, Bloomington, IN 47401

  View Details
• 

  $659,900

  3,326 SF

  6-Unit Apartment Building with Garage

  Six-unit multifamily property in an Opportunity Zone with high-density zoning and a 2-car garage, sold as-is.

  331 S Grant Street, Bloomington, IN 47401

  View Details
• 

  $1,485,000

  4,280 SF

  New Student Housing Duplex

  Brand-new 10-bed duplex pre-leased for the upcoming school year with en-suite bedrooms and in-unit laundry.

  326-328 N Jefferson Street, Bloomington, IN 47408

  View Details
• 

  $4,000,000

  10,560 SF

  Six-Unit Multifamily Building

  Six-unit building currently rented for the 26–27 school year, offering townhouse-style layouts in Bloomington.

  314 N Washington Street, Bloomington, IN 47404

  View Details
• 

  $779,000

  3,114 SF

  Brand-New Duplex with Covered Porch

  Two fully equipped 3-bedroom units with private rear parking, leased through July 31, 2027.

  717 S Henderson Street, Bloomington, IN 47401

  View Details
• 

  $2,250,000

  10,344 SF

  Multifamily Apartment Building

  Well-kept 11-unit complex built in 2013 with in-unit appliances and shared back-of-building parking.

  703 N Walnut Street, Bloomington, IN 47404

  View Details
• 

  $485,000

  Flexible Mixed-Use Building

  Vacant building with open main floor, multiple lower-level rooms, walkout basement, and 13 paved parking spaces.

  1409 W Kirkwood Avenue, Bloomington, IN 47404

  View Details

FAQs

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