Live - Work Space

Bloomington, IN Live-work Space for Sale

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Two-Story Mixed-Use Building
Updated: Apr 7, 2025
Two-Story Mixed-Use Building

515 S Woodscrest Drive, Bloomington, IN 47401

$995,000
0.12 AC lot
>9,000 square feet of building area
Two‑story brick construction with main‑level reception, offices, and bathrooms
Private upstairs apartment with rear deck
Large basement for storage
Central air conditioning and asphalt roof
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Bloomington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

2121 Madison Ave, Indianapolis, IN 46225

$380,000
4,380 sqft 0.36 AC lot

Two-story owner-user property combines office, warehouse, and renovated residential space in a four-parcel configuration.

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Mixed-Use Property with Warehouse
Mixed-Use Property with Warehouse

2558 E 55th Place, Indianapolis, IN 46220

$589,000
0.41 AC lot

Industrial-zoned property combines warehouse operations with a separate residence and flexible live-work functionality.

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Flex Space with Pole Barn
Flex Space with Pole Barn

14947 S State Road 59, Jasonville, IN 47438

$325,000
1.50 AC lot

Live-work property combines business facilities, a residence, auxiliary storage, and secured outdoor space.

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Flex Property with Live-Work Configuration
Flex Property with Live-Work Configuration

14947 S St Rd 59, Jasonville, IN 47438

$315,000
1.43 AC lot

Commercial improvements, a residence, and multiple storage structures support operations, equipment storage, and on-site living.

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Bloomington, IN Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Bloomington, IN on our real estate platform.

Sale prices for live-work properties in Bloomington, IN average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 66
Office buildings 28
Medical Office Space 6
Coworking space 5
Creative space 1

Demographics Overview

Population 129K
Population Growth (5Y) +5.6%
Median Household Income $60,732
College Educated 52.2%

High-Yield Neighborhoods for Investment

Identify Bloomington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47401 $995K

Taxes & Financing

Tax Rate (average for all types) 1.09%
Property Tax per SF $17.52 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Bloomington fall within the 10,000 to 25,000 square foot range.

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