5340 & 5350 S Old State Road 37 ***, Bloomington, IN 47401
5340 & 5350 S Old State Road 37 ***, Bloomington, IN 47401
5340 & 5350 S Old State Road 37 ***, Bloomington, IN 47401
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Listed by Stafford Real Estate
$875,000
Est. payment /mo
6 Baths
0.72 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Southeast Monroe County

MLS Listing ID IRM202623980

HOA Y/N No

Year Built 1997

Annual Tax Amount $4,319

Tax Year 2026

Lot Size 0.720 Acres

Acres 0.72

Lot Dimensions Approx. 221' x 123' x 219' x1 60'

Property Sub-Type Mixed Use

Property Description

Two-parcel commercial investment opportunity on Bloomington's south side with high visibility along S. Old State Road 37, just south of Kroger South and Wendy's. Property includes two leased buildings with a shared asphalt parking lot. 5340 S. Old State Road 37, built in 1997, features four 900 SF office suites, each with a half bath, and 5350 S. Old State Road 37, built in 1956, features a 4,320 SF retail building with partial basement and two half baths. Current uses include tattoo studio, real estate office, appraisal office, massage/wellness suite, and a retail liquidation/resale business. All 5 spaces are currently occupied, owner-provided rent roll shows current monthly rent of $5,433.50 and annual rent of $65,202. Commercial tenants pay utilities, taxes and snow removal; landlord pays building insurance, grass cutting, and building repairs. Two parcels to be sold together. Lease terms, deposits, expenses, and rent details to be verified by buyer during due diligence. "No For Sale Sign"

Location

State IN

Rooms

Basement Crawl Space, Partial, Slab, Unfinished

Interior

Heating Gas, Forced Air

Inclusions Building

Fireplace N

Exterior

Parking Features Parking Lot, Off Street, Paved

View Y/N true

Total Parking Spaces 25

Building

Sewer Public Sewer

Water City

New Construction No

Others

Pets Allowed No

Tax ID 53-08-21-301-056.000-008

Acceptable Financing IRM202623980

Listing Terms IRM202623980

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202623980


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