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    FOR SALE
    Retail space

    807 N College Ave, Bloomington, IN 47404

    4,292 SF 0.17 ac lot Built 1994
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US31-1143752
    No photos on file
    For Sale
    $899,900 4,292 SF
    807 N College Ave, Bloomington, IN 47404
    View Listing →
    Property summary
    AI-generated overview

    This exceptional commercial property at 807 N College Avenue in Bloomington, Indiana, presents a unique investment opportunity. Boasting a prime location in the heart of downtown, this property offers unparalleled convenience and accessibility. The main level comprises 10 rooms and two restrooms, providing ample space for a variety of business uses. The lower level adds further versatility with 5 finished rooms and two unfinished rooms, totaling 1,100 square feet of unfinished storage space. This area presents significant potential for expansion or customized development to meet specific business needs. The property benefits from recent upgrades, including a new HVAC system and roof installed six years ago, a membrane roof replacement in 2018, and a water heater that is only two years old. Parking is a significant advantage, with a private lot offering 13 spaces – a rare commodity in downtown Bloomington. Its strategic location provides easy access to Indiana University, the bustling downtown core, and Bloomington's north side, making it an attractive proposition for businesses seeking high visibility and convenient access to a diverse customer base. The 0.17-acre lot ensures ample space for operations and potential future expansion. This property is ready for immediate occupancy and offers a compelling blend of functionality, location, and recent improvements.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1994
    Construction WOOD
    Total area 4,292 SF
    Lot 0.17 ac (7,318 SF)
    APN 53-05-33-204-045.000-005
    UPID US31-1143752
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hybrid Enterprises LLC · 1 yrs held
    Hybrid Enterprises LLC
    since 2025
    Last sale
    $369,000
    3 recorded transactions
    2025
    2017
    $369,000
    2011
    $279,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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