Property profile

652 Walker St Bloomington, IN 47403

OFF-MARKET
Medical Office Space
Property ID
US31-0764123
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,500 square foot mixed-use office building is ideally situated in Bloomington, Indiana, offering a fantastic blend of convenience and potential. Located near the west side of downtown, this property enjoys proximity to Indiana University and I-69, ensuring high visibility and accessibility. Currently configured as a medical office, the space features a well-designed layout including a reception area, kitchenette, exam rooms, and additional office space. The versatile floor plan allows for a multitude of business uses, making it an attractive option for a variety of entrepreneurs. The existing setup includes a reception station and waiting area, providing a professional and welcoming environment for clients. The building's functionality extends beyond its current medical configuration, making it suitable for a range of businesses seeking a ready-to-use space. This presents a unique opportunity for owner-operators seeking a convenient location or investors looking for a strong return. The property is offered at $149,900, with a quarterly HOA fee of $705. Its strategic location, adaptable layout, and competitive price point make this a compelling investment or business opportunity in a thriving Indiana community. The property sits on a 0-acre lot.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
APN 53-01-51-015-001.000-009
UPID US31-0764123

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

652 Walker St Bloomington, IN 47403-2158
Bloomington metro Census 401 BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2025
2 recorded transactions
2025
$149,900
2021
$270,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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