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Mixed-Use Downtown Development Land

542 South Walnut Street Bloomington, IN 47401

542 South Walnut Street, Bloomington, IN, 47401
$1,200,000
For Sale
$1,200,000

Downtown parcel with 100' frontage on Walnut and 100' on College Avenue, zoned Mixed Use Downtown for multi-family and commercial.

Property Size28,750 SF
Lot Size0.67 Acres
Price / SF$41.74
Days on Market816

Property Features for 542 South Walnut Street

General Information

Standard status
Active
Size
28,750 SF
Lot size
0.67 Acres
Property subtype
Lots & Lands / Commercial Land
Listing agency Realty Professionals
Listed by Jim Regester · License #RB14012351
Source Compass
Added: Apr 29, 2024 Updated: Jul 21 at 5:22AM Checked: Jul 22 at 9:21AM

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 Realty Professionals


Investment Insights

Based on property information with market context.

This downtown development parcel is approximately 2/3 acre and offers 100 feet of frontage on Walnut Street and 100 feet of frontage on College Avenue. The property is zoned Mixed Use Downtown and allows multi-family and/or commercial use.

The site is positioned just south of the Square and near the Post Office between Walnut and College.

For sale as a single downtown lot with frontage on two streets, offering a flexible footprint for mixed-use development consistent with the zoning.

Key Highlights

  • 2/3‑acre downtown parcel just south of the Square and the Post Office between Walnut and College
  • 100' frontage on Walnut and 100' frontage on College Avenue
  • Zoned Mixed Use Downtown, allowing multi‑family and/or commercial uses

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Building Supply Hair Salon Auto Repair Shop Spa & Massage Center Auto Parts Store Nail Salon

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

FAQs

What type of property is this?
Commercial land - Downtown parcel with 100' frontage on Walnut and 100' on College Avenue, zoned Mixed Use Downtown for multi-family and commercial.
Where is this commercial land located?
The property is located at 542 South 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; 100' frontage on Walnut and 100' frontage on College Avenue; Zoned Mixed Use Downtown, allowing multi‑family and/or commercial uses
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