Property summary
This exceptional Class A retail property, located at 318-510 S. College Mall Rd, Bloomington, IN 47401, offers 8,500 square feet of space with multiple suites available. The property boasts a prime location at the high-traffic intersection of 3rd Street and State Road 46, just 0.5 miles from Indiana University (48,000 students). The center is directly across from College Mall, a 600,000 square foot shopping center featuring major anchors like Target, Fresh Thyme, and Dick's Sporting Goods. Currently, 4,275 square feet are vacant, divisible into spaces as small as 1,927 square feet, with a maximum contiguous space of 4,275 square feet. The property features a strong tenant mix including DSW, Mattress Firm, PetCo, FedEx, Noodles & Company, CVS, and McAllister's Deli. The area enjoys a daytime population exceeding 30,000 within a one-mile radius. Recently renovated in 2024, this property benefits from the proximity of the new IU Hospital located a mile north on SR 46 and a recently opened Dunkin' Donuts significantly exceeding sales projections. The property is zoned GCA (General Commercial Area) and its APN is 53-08-02-200-029.000-009. This is an unparalleled opportunity to establish a presence in a thriving Bloomington retail market.
Property profile
VerifiedCap rate & NOI
Current use
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Courier Service Postal Service
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Travel Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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