5340 & 5350 S Old State Road 37, Bloomington, IN

$875,000

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6

Baths

31,363

Square feet

0.72

Acres

About 5340 & 5350 S Old State Road 37

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"

Features of 5340 & 5350 S Old State Road 37

MLS® # 202623980
Price $875,000
Bathrooms 6.00
Square Footage 31,363
Acres 0.72
Year Built 1997
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 5340 & 5350 S Old State Road 37
Subdivision Southeast Monroe County
City Bloomington
County Monroe County
State IN
Zip Code 47401

Amenities

Features Overhead Door 1, Basement, Office Space
Parking Spaces 25
Parking Lot, Off-Street, Paved
Is Waterfront No

Interior

Interior Drywall
Heating Gas, Forced Air
Cooling Central Air
# of Stories 1
Basement Crawl, Partial Basement, Slab, Unfinished

Exterior

Exterior Metal, Stucco
Roof Metal, Other
Construction No

Additional Information

Days on Market 84
Foreclosure No
RE / Bank Owned No

Listing Details

AgentJim Stafford
OfficeStafford Real Estate
Contact InfoCell: 812-325-4453

Listing Map

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