5340 & 5350 S Old State Road 37 Bloomington, IN $ 875,000
5340 & 5350 S Old State Road 37
$ 875,000
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5340 & 5350 S Old State Road 37

Bloomington, IN, 47401
$ 875,000
Bedrooms-- Baths6.0 Sq 7,920

Monthly Estimate*

$ 5,388

5340 & 5350 S Old State Road 37, Bloomington, IN 47401 - Image 1
5340 & 5350 S Old State Road 37, Bloomington, IN 47401 - Image 2
5340 & 5350 S Old State Road 37, Bloomington, IN 47401 - Image 3
5340 & 5350 S Old State Road 37, Bloomington, IN 47401 - Image 4
5340 & 5350 S Old State Road 37, Bloomington, IN 47401 - Image 5
5340 & 5350 S Old State Road 37, Bloomington, IN 47401 - Image 6
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Commercial Property for sale in Bloomington, IN

for $875,000 with 6 full baths. This 7,920 square foot building was built in 1997 on a lot size of 0.72.

Two-parcel commercial investment opportunity on Bloomingtons south side with high visibility along S. Old State Road 37, just south of Kroger South and Wendys. 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"

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Commercial Active

Price

$ 875,000

Full Bath

6

Property Type

Commercial

Taxes

$ 4,319

Style

Mixed Use

Lot Size

0.72

Year Built

1997

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202623980

Features
General
Heating Gas Forced Air
Cooling Central Air
Ceiling Height 10' 8' & 13'
Roof Metal Other
Parking Yes Lot Off-Street Paved
Sewer City
# of Buildings 2
Status Active Active
Bathrooms 6
Year Built 1997
New Construction No
Subdivision Southeast Monroe County
Stories Count 1
Township Perry
Class COMMERCIAL
Type Mixed Use
Age 29
Special Features Overhead Door 1 Basement Office Space
REO No
Status Detail 0
Area Monroe County
City Bloomington
Legal Description Lots Numbered Thirty-six (36) and Thirty-seven (37) in Walnut Acres
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202623980
Agent First Name Jim
Agent Last Name Stafford
DOM 1
Tax Year 2026
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Exterior
Road Access County
Exterior Metal Stucco
Number of Parking Spaces 25
Lot Size Area 31363
Lot Dimensions Approx. 221' x 123' x 219' x1 60'
Parking Type On-site Asphalt Parking Lot Shared
Waterfront Y/N No
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Interior
Flooring Laminate Vinyl Tile
Basement/Foundation Crawl Partial Basement Slab Unfinished
Walls Drywall
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* Excluded Features
List By
Jim Stafford

Listing Agent

Stafford Real Estate

Broker

jim@realtystafford.com

Email

Affordability Calculator

$5,747
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$875,000 Listed Price

Map


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5340 & 5350 S Old State Road 37, Bloomington, IN, 47401 is a Commercial Property for sale at $875,000 with 7,920 sqft and a lot size of 0.72. 5340 & 5350 S Old State Road 37 has 6.0 baths and was built in 1997. The property's zip code is 47401 which is in Bloomington, IN