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Single-Story Stone Office Building
For Sale
$1,145,000

616 S College Mall Rd, Bloomington, IN 47401

Single-story office property with off-street parking, durable exterior construction, and an existing lease through June 2027.

Property Size2,520 SF
Lot Size0.27 Acres
Price / SF$454.37
Days on Market24

Property Features for 616 S College Mall Rd

General Information

Standard status Active
Size 2,520 SF
Lot size 0.27 Acres

Additional Details

Road Access Yes

Building Details

Year Built 1974
Buildings 1
Stories 1
Building Size 2,520 SF
Construction stone
Tenancy Single
Owner Occupied No
Listing Agency: Brawley Real Estate
Listed By: Jeff Brawley · License #RB14041028
Source: Callcriswell
Added: Aug 5 Changed: Aug 28 Last Checked: Aug 28 at 4:46AM

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 Brawley Real Estate

Investment Insights

Based on property information with market context.

This single-story office building contains 2,520 square feet on a 0.27-acre lot. The property has a stone exterior, a flat rubber roof, and off-street parking. It is currently leased through June 2027, with immediate vacancy available for an owner occupant.

The building is positioned on S College Mall Rd in Bloomington’s Eastside business district, where the source data reports average daily traffic of 39,000 vehicles. National retailers, restaurants, and service businesses surround the property, and Indiana University is located minutes away.

Built in 1974, the property offers a compact office configuration with established commercial surroundings and visibility along a heavily traveled road.

Key Highlights

  • 2,520‑square‑foot single‑story office building
  • 0.27‑acre lot with off‑street parking
  • Stone exterior with a flat rubber roof

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Building Supply Grocery & Convenience Store

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

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,069
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Single-story office property with off-street parking, durable exterior construction, and an existing lease through June 2027.
Where is this office building located?
The property is located at 616 S College Mall Rd Bloomington, IN.
What is the asking price?
The asking price for this property is $1,145,000.
What are key features of this property?
This property features: 2,520‑square‑foot single‑story office building; 0.27‑acre lot with off‑street parking; Stone exterior with a flat rubber roof
More about this property
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