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Property profile & analytics

322 W 3Rd St Bloomington, IN 47404

  • Commercial real estate
  • 6,435 SF
  • 0.14 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1231295
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 322 W 3Rd St

Year built
1935
Construction
WOOD
Lot size
0.14 lot acres
Property size
6,435 SF
Property type
Commercial real estate
APN
53-05-33-310-076.000-005
APU
530533310076000005

Description

This exceptional commercial property, located at 322 W 3rd Street in the heart of Bloomington, Indiana, presents a unique investment opportunity. The property encompasses two buildings situated on a 0.2-acre lot, offering a combined total of approximately 8,808 square feet of versatile space. Its prime downtown location provides easy access to the B-Line trail and all the vibrant amenities the city center offers. The corner building boasts a well-designed layout including a dedicated display room, office space, and a functional shop area, ideal for retail or service-based businesses. The second building adds further value with a partial basement, providing ample storage or additional workspace. A highlight of this building is its stunning showroom, featuring large windows that flood the space with natural light and beautiful hardwood floors. This showroom is complemented by additional shop space, creating a flexible and adaptable environment. Adding to the property's appeal is a second-floor apartment with its own private access, offering potential for rental income or owner occupancy. The property is zoned MD/DC, and detailed zoning information is available in the provided documents. A virtual tour is available for a comprehensive view of this remarkable property. This is an excellent opportunity to acquire a substantial commercial property in a thriving downtown area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Bloomington
County
Monroe
State
Indiana
Longitude
-86.5372
Latitude
39.1648
CBSA code
14020
CBSA name
BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,445
$100,400
$62,000
$162,400
-
$100,400
$62,000
$162,400
More about this property
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