Multi-Building Office
For Sale
$875,000
5340 & 5350 S Old State Road 37, Bloomington, IN 47401
Five occupied spaces include office suites and a separate retail building.
Property Size7,920 SF
Price / SF$110.48
Days on Market41
Property Features for 5340 & 5350 S Old State Road 37
General Information
Standard status
Active
Size
7,920 SF
Occupancy
100%
Additional Details
Gross Income
$65,202
Office Units
4
Building Details
Year Built
1997
Buildings
2
Tenancy
Multi
Listing Agency:
Stafford Real Estate
(812) 325-4453
Listed By:
Jim Stafford · License #RB14033324
Source:
Kmsrealestategroup
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 25 at 4:58AM
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 property combines four office suites with a separate retail building and shared asphalt parking. The office component at 5340 S. Old State Road 37 contains four 900-square-foot suites, each with a half bath. The 5350 S. Old State Road 37 building provides 4,320 square feet of retail space, a partial basement, and two half baths.
All five spaces are currently occupied by a mix of tattoo, real estate, appraisal, massage and wellness, and retail liquidation or resale businesses. Commercial tenants pay utilities, taxes, and snow removal, while the landlord handles building insurance, grass cutting, and building repairs. The parcels are located on Bloomington’s south side along S. Old State Road 37, just south of Kroger South and Wendy’s, with the two properties offered together.
All five spaces are currently occupied by a mix of tattoo, real estate, appraisal, massage and wellness, and retail liquidation or resale businesses. Commercial tenants pay utilities, taxes, and snow removal, while the landlord handles building insurance, grass cutting, and building repairs. The parcels are located on Bloomington’s south side along S. Old State Road 37, just south of Kroger South and Wendy’s, with the two properties offered together.
Key Highlights
- Two parcels offered together at 5340 & 5350 S Old State Road 37
- Four 900 SF office suites, each with a half bath
- 4,320 SF retail building with partial basement and two half baths
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?
Office building - Five occupied spaces include office suites and a separate retail building.
Where is this office building located?
The property is located at 5340 & 5350 S Old State Road 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 parcels offered together at 5340 & 5350 S Old State Road 37; Four 900 SF office suites, each with a half bath; 4,320 SF retail building with partial basement and two half baths
