Listing Agency: Realty Professionals r***@homefinder.org Show Phone

Listed By: Jim Regester · License #RB14012351

Source: Crexi

Added: Jun 18, 2024 Changed: Aug 21 Last Checked: Aug 21 at 8:45PM

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Investment Insights

Based on property information with market context.

This 2/3 acre parcel is located in a desirable downtown location, just south of the square and the post office, situated between Walnut and College. The property features 100 feet of frontage on Walnut and 100 feet of frontage on College Avenue. Zoned Mixed Use Downtown, the site allows for multi-family and/or commercial development.

Key Highlights

• Great downtown location south of the Square and Post Office.
• Rare 2/3 acre downtown parcel.
• Zoned Mixed Use Downtown allowing Multi‑Family and/or Commercial development.

Property Analytics

Property Profile

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

2,590

Businesses Nearby

Explore this area Business Placement

Demographics for 47403, IN

33,066

Population

16,271

Households

2

Avg Household Size

35

Median Age

39%

College-Educated

93%

High-School Grad

85.0 sq mi

ZIP Area

389

Density / Sq Mi

$68,703

Median Household Income

$40,391

Median Earnings

$1,114

Median Rent

$222,000

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Prime downtown land parcel suitable for multi-family or commercial development.

Where is this commercial land located?

The property is located at 542 S Walnut St 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: Great downtown location south of the Square and Post Office.; Rare 2/3 acre downtown parcel.; Zoned Mixed Use Downtown allowing Multi‑Family and/or Commercial development.