542 S Walnut Street, Bloomington, IN 47401

Listing agent Jim Regester License #RB14012351 Show Phone

Listing office Realty Professionals r***@gmail.com 328 S Walnut St., Ste. 6, Bloomington, IN Show Phone

Listing date Jun 14, 2024

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MLS# 202421867

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.

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Overview

This is a commercial land offering totaling approximately 0.66 acres in Bloomington, Indiana. The property includes 100 feet of frontage on Walnut and 100 feet of frontage on College Avenue, providing two street-facing edges for future development planning. The site is zoned Mixed Use Downtown.

According to the listing remarks, the parcel is located just south of the Square and near the Post Office, positioned between Walnut and College. Its downtown positioning and cross-street frontage make it well suited for projects that benefit from street-level presence.

Per the provided zoning description, the Mixed Use Downtown designation allows for multi-family and/or commercial uses. This land configuration is therefore appropriate for developers or owners seeking a downtown site where both residential and commercial components may be considered, subject to applicable local approvals. The offering presents a single parcel opportunity with defined frontage on two major streets.

Suggested Use

Auto Parts Store Big Box & Wholesale Store Department Store Building Supply Storage Facility Garden Center Discount Store Electrical Service Electronics & Wireless Store Nursing Home

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

Location Insight

• Map
• Local Demand

City

Bloomington

County

Monroe

State

Indiana

Longitude

-86.53417

Latitude

39.15981

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FAQs

What type of property is this?

Commercial land - Downtown parcel with frontage on Walnut and College Avenue, zoned Mixed Use Downtown for multifamily and commercial uses.

Where is this commercial land located?

The property is located at 542 S Walnut Street Bloomington, IN.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 2/3‑acre downtown parcel just south of the Square and the Post Office between Walnut and College; Includes 100' frontage on Walnut and 100' frontage on College Avenue; Zoned Mixed Use Downtown, allowing multi‑family and/or commercial use