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Downtown Mixed-Use Development Site
For Sale
$1,199,000

600 & 616 S Walnut Street, Bloomington, IN 47401

COMMERCIAL, Bloomington, IN

Property SizeContact for details
Lot Size0.53 Acres
Days on Market194

Property Features for 600 & 616 S Walnut Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features City, Near College Campus, Near Walking Trail
Directions Corner Walnut and 1st streets
Subdivision Monroe County
Standard status Active
APN 53-08-04-200-011.000-009
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 4049
Tax Description 015-51400-00 Seminary Part Lot 1 (104.5'x76.5')&(104.5'x66') L1A (and) B 015-55150-00 Seminary Pt Lots 1&2
Tax Annual Amount 6948
Legal Description 015-51400-00 Seminary Part Lot 1 (104.5'x76.5')&(104.5'x66') L1A (and) B 015-55150-00 Seminary Pt Lots 1&2

Building Details

Year built 1954
Listing Agency: Picket Fence Real Estate Co LLC
Listed By: Tod Wesemann · License #RB14047936
Added: Mar 27 Changed: Aug 24 Last Checked: Oct 6 at 11:06PM
MLS# 202610324

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.

Investment Insights

Based on property information with market context.

This 0.53-acre commercial land parcel is located at 600 & 616 S Walnut Street in Bloomington. The property carries Mixed-Use Downtown zoning and falls within the Downtown Gateway (MD-DG) character overlay, a designation intended to support mixed-use development connected to the downtown area. The property is being sold as-is.

The site is near the B-Line Trail, Monroe Convention Center, Hopewell Development, city parks, and Indiana University. Its downtown Bloomington setting places the parcel within an established urban context for evaluating future mixed-use development plans.

Key Highlights

  • 0.53‑acre commercial land parcel
  • Mixed‑Use Downtown zoning
  • Within the Downtown Gateway (MD‑DG) character overlay

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Building Supply Storage Facility Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,785
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land in Bloomington’s downtown area with Mixed-Use Downtown zoning and a Downtown Gateway character overlay.
Where is this commercial land located?
The property is located at 600 & 616 S Walnut Street Bloomington, IN.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 0.53‑acre commercial land parcel; Mixed‑Use Downtown zoning; Within the Downtown Gateway (MD‑DG) character overlay
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