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    Bloomington, IN Storefront Properties for Sale

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    Retail Building on State Road
    Updated: Nov 18, 2024
    Retail Building on State Road

    4235 W State Road 46, Bloomington, IN

    $775,000
    3,000 sqft 1.27 AC lot
    Excellent visibility on the busiest section of Highway 46.
    1.27 acres with lots of paved parking and road frontage.
    Ellettsville C‑3 zoning allows for most commercial or retail usage.
    Nearly 3,000 s.f. of mostly open space, easy to reconfigure.
    Hard to find commercial property.
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    This listing looks promising.

    Here's a quick look at some key insights for

    4235 W State Road 46, Bloomington, IN

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $40K
      Annual

    • Mortgage

      $975K
      Sep 2025

    • Property Type

      Retail Stores
      Built 1973
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    Retail Building with Private Office
    Updated: Jul 9
    Retail Building with Private Office

    3001 N Smith Pike, Bloomington, IN 47404

    $469,000
    0.57 AC lot
    Well‑maintained 1,800+/- SF retail building built in 1988 with central air and concrete flooring
    Metal roof; constructed with a solid steel frame by Graber
    Open‑span 48' x 21' showroom plus 10' x 13' private office with service counter and sink
    Includes similarly sized kitchen area with range and refrigerator, along with ample storage
    Detached storage building behind the main building; front checkout area with retail shelving
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    Downtown Mixed-Use Corner Property
    Downtown Mixed-Use Corner Property

    322 W 3rd Street, Bloomington, IN 47404

    $1,500,000
    0.20 AC lot

    Two-building downtown package with showroom, office/shop space, and a second-floor apartment with private access.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Bloomington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Level Retail-Front Office Building
    Three-Level Retail-Front Office Building

    25 W Franklin Street, Greencastle, IN 46135

    $214,900
    0.01 AC lot

    Three-level building with a street-level storefront, flexible office or studio space, and a basement meeting room.

    View details
    Versatile Retail and Office Building
    Versatile Retail and Office Building

    206 S 6th Street, Mitchell, IN 47446

    $80,000
    0.45 AC lot

    Small storefront building with gravel parking and green space, zoned for flexible commercial or residential use.

    View details
    Mixed-Use Retail Building
    Mixed-Use Retail Building

    615 W Main Street, Mitchell, IN 47446

    $55,000
    0.08 AC lot

    Retail storefront spaces with large display windows plus a rear 1-bedroom apartment with 1.5 bathrooms.

    View details
    High-Visibility Retail Storefront
    High-Visibility Retail Storefront

    404 E Washington St, Greencastle, IN 46135

    $149,900
    300 sqft

    A 300 sq. ft. storefront on Hwy. 231 with General Business zoning, ample parking, and walkability to DePauw University.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ready-to-Build Commercial Lot
    Ready-to-Build Commercial Lot

    3655 W State Road 46, Bloomington, IN 47404

    $899,900
    0.84 AC lot

    Clear commercial lot with utilities available and strong visibility for businesses seeking a straightforward development site.

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    Commercial Land with Kentucky Ave Frontage
    Commercial Land with Kentucky Ave Frontage

    3049 Kentucky Avenue, Indianapolis, IN 46221

    $325,000
    0.53 AC lot

    Two adjacent lots offer C5 General Commercial zoning along SR 67 for high-intensity development uses.

    View details
    Corner Commercial Land Site
    Corner Commercial Land Site

    1401 S Meridian Street, Indianapolis, IN 46225

    $74,000
    0.12 AC lot

    Corner lot with full frontage on two city streets and utilities available, positioned for a broad range of commercial uses.

    View details
    Paved Commercial Development Site
    Paved Commercial Development Site

    8643 W College Street, French Lick, IN 47432

    $100,000
    0.40 AC lot

    All-paved lot with vehicle access via a joint easement, suitable for a variety of commercial development concepts.

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    Off-Market Properties in Bloomington, IN

    Consider similar Off-Market properties in Bloomington, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    318 College Mall Rd
    Restaurants

    318 College Mall Rd, Bloomington, IN 47401

    Value Estimation by Request
    8,500 sqft
    View details
    224 College Ave
    Individual retail properties

    224 College Ave, Bloomington, IN 47404

    Value Estimation by Request
    11,579 sqft
    View details

    Bloomington, IN Storefront Properties Market Trends and Statistics

    Explore 5 storefront properties for sale in Bloomington, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $775,000.

    Sale prices for retail units in Bloomington, IN start at $775,000, averaging $775,000, and reaching up to $775,000 — 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

    Storefront properties 8
    Shopping centers 3
    Showrooms 2
    Automotive properties 1
    Banks 1

    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
    47403 $765K

    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 5,000 to 10,000 square foot range.

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    Most Searched ZIP Codes in Bloomington, IN

    • 47401
    • 47404

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