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Leased Office and Retail Investment

5340 South Old State Road 37 Bloomington, IN 47403

5340 South Old State Road 37, Bloomington, IN, 47403
$875,000
For Sale
Claim this Listing
$875,000

Two leased buildings on shared parking include office suites and a retail space with partial basement.

Property Size31,363 SF
Price / SF$27.90
AddedMay 27
Days on Market49
Last RefreshJul 13 at 2:01 am

Property Features for 5340 South Old State Road 37

General Information

Standard status
Active
Size
31,363 SF
Property subtype
Commercial / Mixed Use

Building Details

Year Built
1997

Listing office Stafford Real Estate

Listing date May 27, 2026

Source Compass

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 served by a shared asphalt parking lot. The building at 5340 S. Old State Road 37 was built in 1997 and contains four office suites, each with a half bath. The building at 5350 S. Old State Road 37 was built in 1956 and features a 4,320 SF retail building with a partial basement and two half baths.

All five spaces are currently occupied, with current monthly and annual rent reflected on the owner-provided rent roll. Tenant operations currently include a tattoo studio, real estate and appraisal offices, a massage/wellness suite, and a retail liquidation/resale business. Commercial tenants pay utilities, taxes, and snow removal; the landlord pays building insurance, grass cutting, and building repairs.

The properties are sold together, and lease terms, deposits, expenses, and rent details are subject to buyer verification during due diligence.

Key Highlights

  • Two leased commercial buildings on Bloomington’s south side along S. Old State Road 37 with shared asphalt parking lot
  • 5340 S. Old State Road 37 (built 1997): four 900 SF office suites, each with a half bath
  • 5350 S. Old State Road 37 (built 1956): 4,320 SF retail building with partial basement and two half baths

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

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

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

FAQs

What type of property is this?
Office units - Two leased buildings on shared parking include office suites and a retail space with partial basement.
Where is this office units located?
The property is located at 5340 South 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 leased commercial buildings on Bloomington’s south side along S. Old State Road 37 with shared asphalt parking lot; 5340 S. Old State Road 37 (built 1997): four 900 SF office suites, each with a half bath; 5350 S. Old State Road 37 (built 1956): 4,320 SF retail building with partial basement and two half baths
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