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About This Home
This 0-bedroom, 6-bathroom commercial at 5340 & 5350 S Old State Road 37 in Bloomington, IN is listed for $875,000. Built in 1997, on a 0.72 acres lot.
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"
Key Features
- Built in 1997
- 0.72 acre lot
- 25 parking spaces
Property Details
Monthly Cost Estimate
$4,680/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5340 & 5350 S Old State Road 37
Bloomington, IN 47401
Southeast Monroe County
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 6-bathroom commercial at 5340 & 5350 S Old State Road 37 is listed at $875,000. The estimated monthly payment is $3,792 based on 20% down at 6.5% interest.
Key features include: Built in 1997, 0.72 acre lot, 25 parking spaces. Interior Features: Drywall, Overhead Door 1, Basement. Exterior Features: Overhead Door 1, Basement, Office Space.
This property is listed by Jim Stafford and can be reached at 8123254453 or jim@realtystafford.com.