Bloomington, IN Office Spaces for Sale

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52 properties

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Updated: Jul 23

Two-Story Office Building

515 S Woodscrest Dr, Bloomington, IN 47401

$995,000

7,354 sqft

>9,000 square feet in a two‑story brick office building
Main level includes reception, multiple offices, and bathrooms
Private upstairs apartment with rear deck
Large basement provides storage space
Located near the mall on Bloomington’s east side

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This listing looks promising.

Here's a quick look at some key insights for

515 S Woodscrest Dr, Bloomington, IN 47401

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$79K
Annual
Price @ 7% Cap

$1.13M
Above asking
Property Type

Commercial Office (General)
Built 1970

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Updated: Feb 5

Historic Schoolhouse Office Space

4638 E State Road 45, Bloomington, IN 47408

$735,000

4,302 sqft 1.05 AC lot

Approximately 4,302 SF split‑level office layout with 10 office spaces
Restrooms and a kitchenette on each level plus open common area and storage
Just over 1.05 acres with off‑street parking for more than 25 vehicles
Over 50 brand new windows and original hardwood floors in the larger first‑level open area
Zoned Limited Business (LB) for a variety of business uses

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Three-Story Office Building

1600 W Bloomfield Road, Bloomington, IN 47403

$5,500,000

2.31 AC lot

Flexible floor layouts include private offices, cubicles, conference space, and kitchenettes.

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Two-Building Mixed-Use Property

5340 & 5350 S Old State Road 37, Bloomington, IN 47401

$875,000

0.72 AC lot

Occupied commercial property with office suites, retail space, shared parking, and road exposure near established retailers.

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Office Building with NNN Lease

123 S Franklin Rd, Bloomington, IN 47404

$2,900,000

5,494 sqft

Updated mixed-use improvements with a current triple-net tenancy and extension options support an income-producing office profile.

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Corner Office Building

1815 S Walnut Street, Bloomington, IN 47401

$515,000

0.37 AC lot

Vacant, accessible workplace with reception, private rooms, conference space, and on-site parking.

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Historic Schoolhouse Office Building

4638 E State Road 45, Bloomington, IN 47408

$735,000

1.05 AC lot

Historic office space split between two levels with restrooms and a kitchenette, freshly painted with new carpet and central air.

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Office Building with Private Parking

807 N College Avenue, Bloomington, IN 47404

$899,900

0.17 AC lot

Well-located office building with private parking and central air, built in 1994.

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Single-Story Stone Office Building

616 S College Mall Rd, Bloomington, IN 47401

$1,145,000

2,520 sqft 0.27 AC lot

Single-story office property with off-street parking, durable exterior construction, and an existing lease through June 2027.

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Three-Story Brick Office Building

1720 N Kinser Pike, Bloomington, IN 47404

$2,950,000

0.80 AC lot

Central air, elevator service, and private parking support daily office operations.

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Single-Story Office Building

616 S College Mall Road, Bloomington, IN 47401

$1,145,000

0.27 AC lot

Stone construction, central air, and off-street parking support a practical office configuration.

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Multi-Building Office Property

5340 & 5350 S Old State Road 37, Bloomington, IN 47401

$875,000

7,920 sqft

Five occupied spaces include office suites and a separate retail building.

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Two-Story Mixed-Use Building

515 S Woodscrest Drive, Bloomington, IN 47401

$995,000

0.12 AC lot

Brick commercial building with office accommodations, a private upstairs apartment, basement storage, and a rear deck.

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Light Industrial Flex Space

125 S Westplex Avenue, Bloomington, IN 47404

$725,000

0.51 AC lot

Light-industrial zoning combines production, shop, and office functionality in one commercial building.

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Historic Two-Level Office Building

4638 E State Road 45, Bloomington, IN 47408

Contact for pricing

1.05 AC lot

Limited Business zoning supports office, retail, studio, and counseling uses.

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NNN-Leased Office Building

123 S Franklin Road, Bloomington, IN 47404

$2,900,000

1.02 AC lot

Updated mixed-use office asset with current triple-net occupancy and extension options.

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Office Building with Private Parking

807 N College Ave, Bloomington, IN 47404

$899,900

2,146 sqft

Two finished levels support adaptable professional, medical, and multi-tenant office configurations near downtown Bloomington.

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Commercial Land with Office Buildings

113 - 117 E 19th Street, Bloomington, IN 47408

$2,000,000

0.52 AC lot

Multi-lot commercial holding with existing office buildings, basement space, and on- and off-street parking.

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Three-Story Office Building

1600 W Bloomfield Rd, Bloomington, IN 47403

$5,500,000

28,077 sqft

Flexible multi-level office property with accessible entrances, kitchenettes, private parking, and multiple suite configurations.

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Finished Office Unit

1602 W 3rd Street Unit E, Bloomington, IN 47404

$179,000

Office condominium with dedicated work areas, meeting space, kitchenette, and central air conditioning.

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Historic Schoolhouse Office Building

4638 E State Road 45, Bloomington, IN 47408

$735,000

4,300 sqft 1.05 AC lot

Freshly painted, two-level office building with new carpet and multiple restrooms plus a kitchenette area.

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Storefront Retail Building with Office

3001 N Smith Pike, Bloomington, IN 47404

$469,000

1,800 sqft

Flexible commercial building with showroom, office, kitchen, storage, licenses, and CD zoning for multiple business uses.

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Two-Level Office Building

2723 N Walnut St, Bloomington, IN 47401

$400,000

1,878 sqft

Leased office property with flexible two-level access, business zoning, and a visible position across from a convenience-oriented retail stop.

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Finished Office Unit with Conference Room

1602 W 3rd St Unit E, Bloomington, IN 47404

$179,000

1,360 sqft

Office condo unit with dedicated work areas, kitchenette, half bath, and shared association structure.

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Bloomington, IN Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Bloomington, IN, showcased through 52 active listings on our real estate platform. These investment opportunities span a total of 267,585 square feet of properties for sale, with an estimated market value of $38,626,700.

Sale prices for office spaces in Bloomington, IN start at $179,000, averaging $1,430,618, and reaching up to $5,500,000 — 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

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	$771.7K
47408	$1M
47404	$1.3M
47403	$3.2M

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)

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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