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Gas Station Property with Building
For Sale
$295,000

7340 N Wayport Road, Bloomington, IN 47408

COMMERCIAL, Bloomington, IN

Property Size5,000 SF
Lot Size2.64 Acres
Price / SF$59
Days on Market766

Property Features for 7340 N Wayport Road

General Information

Property type Commercial Sale
Property subtype Retail
Directions I-69 to Sample Road Exit. Right on Wayport Road to Turner Dr (Rt).
Subdivision Monroe County
Standard status Active
APN 53-02-33-100-017.000-017
Lot size 2.64 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 011-02310-04 PT NE NE 33-10-1W 2.643 A Plat 85
Tax Annual Amount 19057
Legal Description 011-02310-04 PT NE NE 33-10-1W 2.643 A Plat 85

Utilities

Cooling system Central Air

Building Details

Year built 1980
Flooring type Tile
Roof type Rubber
Listing Agency: Century 21 Scheetz - Bloomington · Century 21 Real Estate
Listed By: Isaac Redden · License #RB14047983
Added: Jul 18, 2024 Changed: Aug 20 Last Checked: Aug 22 at 9:06PM
MLS# 202426765

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 commercial property includes a 5,000 +/- square-foot building on a 2.64-acre site. Built in 1980, the structure features tile flooring, central air conditioning, and a rubber roof. The property was previously operated as a gas station, with the underground tanks removed and NFA documentation on file from IDEM.

Located at 7340 N Wayport Road in Bloomington, Indiana, the property carries LB, or Limited B, zoning. Its location is identified at the Sample Road Exit, providing access within the Bloomington market and along the connection between Indianapolis and Bloomington.

Key Highlights

  • 5,000 +/- square‑foot building on 2.64 acres
  • Former gas station property with tanks removed
  • NFA documentation on file from IDEM

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Travel Agency

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

14
Businesses Nearby

Demographics for 47408, IN

22,917
Population
10,456
Households
2.2
Avg Household Size
28
Median Age
59%
College-Educated
98%
High-School Grad
64.4 sq mi
ZIP Area
356
Density / Sq Mi
$45,584
Median Household Income
$15,819
Median Earnings
$1,177
Median Rent
$304,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - LB zoning, central air, tile flooring, and a rubber roof define the existing commercial property.
Where is this gas station located?
The property is located at 7340 N Wayport Road Bloomington, IN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 5,000 +/- square‑foot building on 2.64 acres; Former gas station property with tanks removed; NFA documentation on file from IDEM
More about this property
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