Medical Premises

Bloomington, IN Medical Office Space for Sale

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Office Building with NNN Lease
Updated: Jul 13
Office Building with NNN Lease

123 S Franklin Rd, Bloomington, IN 47404

$2,900,000
5,494 sqft
5,494 SF office building constructed in 1993
Current MedExpress tenancy under a triple‑net lease
Several years remain on the lease, with options to extend
Mixed‑use building with multiple updates and renovations
Approximately 30,000 square feet of paved site area
View details
Office Building with Private Parking
Updated: Aug 23
Office Building with Private Parking

807 N College Ave, Bloomington, IN 47404

$899,900
2,146 sqft
Two finished levels with offices, meeting rooms, reception areas, and restrooms
Approximately 1,100 SF of unfinished lower‑level space
Private parking lot with approximately 12–13 spaces
Non‑structural interior walls allow future layout changes
1994 construction with membrane roof and HVAC replacement
View details
See hot listings in Bloomington

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 76 Potential Opportunities for your consideration. Besides 2 Active listings in Bloomington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Medical Office Building with Open Gym
Medical Office Building with Open Gym

2221 John Williams Boulevard, Bedford, IN 47421

$1,095,000
3,835 sqft 0.50 AC lot

Like-new medical office with treatment rooms, flexible interior areas, ADA features, and dedicated parking on a corner site.

View details
Turnkey Professional Building on 1.82 Acres
Turnkey Professional Building on 1.82 Acres

2125 E State Highway 54, Linton, IN 47441

$550,000
8,600 sqft 1.82 AC lot

8,600 SF professional building on 1.82 acres in Linton, IN.

View details
Medical Office with Lower Level
Medical Office with Lower Level

2125 E State Highway 54, Linton, IN 47441

$550,000
1.82 AC lot

Office layout includes private rooms, meeting space, and accessible features for visitors and staff.

View details
Medical Office with Open Treatment Area
Medical Office with Open Treatment Area

2221 John Williams Boulevard, Bedford, IN 47421

$1,095,000
0.48 AC lot

Built in 2021 with adaptable rooms, ADA features, employee amenities, and a corner setting on John Williams Boulevard.

View details

Off-Market Properties in Bloomington, IN

Consider similar Off-Market properties in Bloomington, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

203 1st St
MEDICAL BUILDING

203 1st St, Bloomington, IN 47403-2504

Estimated value:
$295,000
3,240 sqft 0.35 AC lot
View details
1550 Liberty Dr
MEDICAL BUILDING

1550 Liberty Dr, Bloomington, IN 47403-5167

Estimated value:
$285,000
6,238 sqft 1.32 AC lot
View details
652 Walker St
MEDICAL BUILDING

652 Walker St, Bloomington, IN 47403-2158

Estimated value:
$225,000
View details
1011 2nd St
MEDICAL BUILDING

1011 2nd St, Bloomington, IN 47403-2216

Estimated value:
$1,175,000
31,356 sqft 3.23 AC lot
View details
191 Gordon Pike
MEDICAL BUILDING

191 Gordon Pike, Bloomington, IN 47403-4518

Estimated value:
$275,000
4,900 sqft 0.45 AC lot
View details
654 Walker St
MEDICAL BUILDING

654 Walker St, Bloomington, IN 47403-2159

Estimated value: by Request
View details
4619 Richland Plz Dr
MEDICAL BUILDING

4619 Richland Plz Dr, Bloomington, IN 47404-9776

Estimated value:
$290,000
4,520 sqft 0.53 AC lot
View details
1128 College Mall Rd
MEDICAL BUILDING

1128 College Mall Rd, Bloomington, IN 47401-6178

Estimated value:
$305,000
4,609 sqft 0.53 AC lot
View details
857 Auto Mall Rd
MEDICAL BUILDING

857 Auto Mall Rd, Bloomington, IN 47401-5447

Estimated value:
$1,680,000
5,200 sqft 0.11 AC lot
View details
637 Walker St
MEDICAL BUILDING

637 Walker St, Bloomington, IN 47403-2176

Estimated value:
$355,000
11,081 sqft 1.14 AC lot
View details
350 Landmark Ave
MEDICAL BUILDING

350 Landmark Ave, Bloomington, IN 47403-5001

Estimated value:
$560,000
20,800 sqft 0.91 AC lot
View details
4935 Arlington Rd
MEDICAL BUILDING

4935 Arlington Rd, Bloomington, IN 47404-1187

Estimated value:
$1,075,000
24,415 sqft 4.92 AC lot
View details
650 Walker St
MEDICAL BUILDING

650 Walker St, Bloomington, IN 47403-2158

Estimated value:
$145,000
View details
857 Auto Mall Rd
MEDICAL BUILDING

857 Auto Mall Rd, Bloomington, IN 47401-5447

Estimated value:
$285,000
3,116 sqft 0.07 AC lot
View details
4517 Morningside Dr
MEDICAL BUILDING

4517 Morningside Dr, Bloomington, IN 47408-3201

Estimated value:
$275,000
4,098 sqft 0.64 AC lot
View details
648 Walker St
MEDICAL BUILDING

648 Walker St, Bloomington, IN 47403-2158

Estimated value: by Request
View details
2901 Mcintire Dr
MEDICAL BUILDING

2901 Mcintire Dr, Bloomington, IN 47403-4209

Estimated value:
$1,510,000
7,502 sqft 1.00 AC lot
View details
907 2nd St
MEDICAL BUILDING

907 2nd St, Bloomington, IN 47403-2214

Estimated value:
$280,000
5,320 sqft 0.22 AC lot
View details
421 1st St
MEDICAL BUILDING

421 1st St, Bloomington, IN 47403-2403

Estimated value:
$390,000
16,680 sqft 0.40 AC lot
View details
2815 Walnut St
MEDICAL BUILDING

2815 Walnut St, Bloomington, IN 47404-2077

Estimated value:
$390,000
5,180 sqft 1.71 AC lot
View details
1004 1st St
MEDICAL BUILDING

1004 1st St, Bloomington, IN 47403-2208

Estimated value:
$270,000
2,619 sqft 0.22 AC lot
View details
771 Fieldstone Blvd
MEDICAL BUILDING

771 Fieldstone Blvd, Bloomington, IN 47403-8853

Estimated value:
$255,000
4,050 sqft 6.48 AC lot
View details

Bloomington, IN Medical Office Space Market Trends and Statistics

Explore 72 medical office space for sale in Bloomington, IN on our real estate platform. These investment opportunities span a total of 7,640 square feet of properties for sale, with an estimated market value of $3,799,900.

Sale prices for medical spaces in Bloomington, IN start at $899,900, averaging $1,899,950, and reaching up to $2,900,000 — 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 69
Office buildings 29
Medical Office Space 8
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
47404 $2.2M

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)

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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