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Bloomington Redevelopment Opportunity
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700 S College Ave, Bloomington, IN 47403

Prime 1.12-acre redevelopment site near Hopewell and Indiana University.

Property Size15,700 SF
Lot Size1.12 Acres
Price / SF$273.82
Days on Market1265

Property Features for 700 S College Ave

General Information

Standard status Active
Size 15,700 SF
Class B
Lot size 1.12 Acres
Property subtype Office
Zoning MD-DGO

Building Details

Year Built 1994
Listing Agency: Gardner Property Group
Listed By: Cory Gardner · License #RB17000430
Source: Crexi
Added: Feb 23, 2023 Changed: Aug 11 Last Checked: Aug 11 at 10:44AM

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 Gardner Property Group

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity in Bloomington, Indiana. The site includes a medical office building situated on 1.12 acres of land. The zoning is Mixed-Use Downtown, allowing for a range of new construction possibilities. The property is located near the 76-acre "Hopewell" Master Development and less than one mile from the Monroe Convention Center. Its location benefits from high traffic, making it suitable for development. The property is also situated one mile from Indiana University Campus, offering a location for student or multifamily housing. The property is adjacent to the B-Line Pedestrian Trail, providing access for pedestrians and cyclists.

Key Highlights

  • 1.12 acres zoned Mixed‑Use Downtown, offering redevelopment potential.
  • Located near the 76‑acre "Hopewell" Master Development.
  • High‑traffic location ideal for development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Butcher Catering Service Pet Store & Service

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

2,769
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Prime 1.12-acre redevelopment site near Hopewell and Indiana University.
Where is this commercial land located?
The property is located at 700 S College Ave Bloomington, IN.
What is the asking price?
The asking price for this property is $4,299,000.
What are key features of this property?
This property features: 1.12 acres zoned Mixed‑Use Downtown, offering redevelopment potential.; Located near the 76‑acre "Hopewell" Master Development.; High‑traffic location ideal for development.
(260) 705-7325 Call to check price and availability
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