Bloomington, IN Commercial Real Estate for Lease and Sale

Explore 32 listings of Bloomington commercial real estate to find the best space for your business.

Graham Plaza

205 North College Avenue, Downtown Bloomington, Bloomington, IN
Property

Office

51,306 SF
Availability

6 Spaces

7,007 SF
Year Built

1979
For Lease

$13.00 - $15.00/SF/YR
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1663 South Liberty Drive

1663 South Liberty Drive, Leonard Springs, Bloomington, IN
Property

Office

51,735 SF
Availability

2 Spaces

51,734 SF
Year Built

2000
For Lease Contact for pricing
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Bright Chiropractic

2215 S Curry Pike, Leonard Springs, Bloomington, IN
Property

Office

2,878 SF
Year Built

1989
For Sale

$490,000
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Lofton — Brand New 64 Bed Student Housing Asset

2611 E 3rd St, Green Acres, Bloomington, IN
Property

Other
Year Built

1966
For Sale Contact for pricing
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Office Coworking Retail

Office Retail Industrial Land
336 S Walnut St

336 S Walnut St, Elm Heights, Bloomington, IN
Property

Mixed Use

3,196 SF
Availability Contact for availability
Year Built

1970
For Lease Contact for pricing
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One City Centre

120 West 7th Street, Old Northeast Bloomington, Bloomington, IN
Property

Office

39,056 SF
Availability

4 Spaces

5,308 SF
Year Built

1996
For Lease

$10.00 - $15.00/SF/YR
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Profile Parkway & Curry Parkway

Profile Pkwy, Highland Village, Bloomington, IN
Property

Other
For Sale

$200,000
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Available Office Building - Bloomington, IN

1663 Liberty Dr, Leonard Springs, Bloomington, IN
Property

Office

51,735 SF
Year Built

2000
For Sale

$7,000,000
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Fountain Square

101 West Kirkwood Avenue, Downtown Bloomington, Bloomington, IN
Property

Office

145,988 SF
Availability

11 Spaces

13,545 SF
Year Built

1965
For Lease

$7.65 - $22.45/SF/YR
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Available Office Building - Bloomington, IN

1663 Liberty Dr, Leonard Springs, Bloomington, IN
Property

Office

51,735 SF
Availability

1 Space

51,735 SF
Year Built

2000
For Lease Contact for pricing
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The Wicks Building

116 West 6th Street, Old Northeast Bloomington, Bloomington, IN
Property

Office

26,796 SF
Availability

1 Space

1,837 SF
Year Built

1976
For Lease

$17.00/SF/YR
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Southern Indiana Medical Office Building

2920 McIntire Drive, Bloomington Country Club, Bloomington, IN
Property

Office

43,009 SF
Availability

2 Spaces

12,953 SF
Year Built

1994
For Lease

$26.00/SF/YR
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Chase Building

100 South College Avenue, Downtown Bloomington, Bloomington, IN
Property

Office

30,000 SF
Availability

1 Space

6,306 SF
Year Built

1970
For Lease Contact for pricing
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Uptown Plaza

115 N College Ave, Downtown Bloomington, Bloomington, IN
Property

Retail

25,432 SF
Availability

4 Spaces

1,088 SF
Year Built

1980
For Lease

$13.00/SF/YR
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For Sale: Turnkey Restaurant

403 N Walnut St, Old Northeast Bloomington, Bloomington, IN
Property

Retail

4,746 SF
For Sale

$1,450,000
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#1047926 - General Dentistry Practice for Sale - Bloomington

#1047926 - General Dentistry Practice for Sale - Bloomington, Indiana University, Bloomington, IN
Property

Other

1,760 SF
For Sale

Subject To Offer
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Johnson Creamery Building

400 W 7th Street, Downtown Bloomington, Bloomington, IN
Property

Office
Availability

1 Space

3,551 SF
Year Built

1913
For Lease Contact for pricing
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7,000 SF Building on 0.38 acres

803 S Madison St, McDeel Gardens, Bloomington, IN
Property

Industrial

7,000 SF
For Sale

$750,000
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New Retail Opportunity Coming to Bloomington!

1730 S Walnut St, Broadview, Bloomington, IN
Property

Retail
Availability

1 Space

3,480 SF
For Lease Contact for pricing
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Multifamily Infill Development Site (Moore's Pike)

320 E Moores Pike, Hoosier Acres, Bloomington, IN
Property

Other
For Sale Contact for pricing
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Artisan Alley - Twisted: Cowork and Play
Twisted
804 West Kirkwood Avenue, Bloomington, IN

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3201 W IN-45

3201 W IN-45, Van Buren Park, Bloomington, IN
Property

VacantLand

0.5 Acre
Availability

1 Space

0.5 Acre
For Lease Contact for pricing
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1410 N Walnut Street

1410 N Walnut Street, Indiana University, Bloomington, IN
Property

Retail

3,700 SF
Availability

1 Space

3,700 SF
Year Built

2018
For Lease

$15.00/SF/YR
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Eastland Plaza

2500 E 3rd St, Ridgemede, Bloomington, IN
Property

Retail

124,953 SF
For Sale Contact for pricing
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3201 W IN-45

3201 W IN-45, Van Buren Park, Bloomington, IN
Property

Retail

25,000 SF
Availability

1 Space

25,000 SF
For Lease Contact for pricing
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1701 S Liberty Dr

1701 S Liberty Dr , Leonard Springs, Bloomington, IN
Property

Industrial

56,374 SF
For Sale Contact for pricing
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Princess Theatre - Mixed Use | Downtown Bloomington

206 N Walnut St, Old Northeast Bloomington, Bloomington, IN
Property

Retail

7,440 SF
Year Built

1892
For Sale

$1,500,000
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The Mill
Dimension Mill
642 North Madison Street, Bloomington, IN

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Single Tenant Absolute NNN Lease

3707 W 3rd St, Highland Village, Bloomington, IN
Property

Retail

6,500 SF
Year Built

1995
For Sale

$1,750,000
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322 East 2nd Street

322 East 2nd Street, Elm Heights, Manchester, OH
Property

Retail

7,729 SF
Availability

1 Space

7,729 SF
For Lease

$4.00/SF/YR
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Bloomington Center

2813 East 3rd Street, Park Ridge, Bloomington, IN
Property

Retail

51,866 SF
Availability

1 Space

8,370 SF
Year Built

1995
For Lease Contact for pricing
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3201 W IN-45

3201 W IN-45, Van Buren Park, Bloomington, IN
Property

Retail

25,000 SF
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Bloomington commercial real estate market incorporates 495,738 square feet of office space across 14 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Bloomington commercial real estate market includes 260,697 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Bloomington market, there is a total of 56,374 square feet of industrial property.

The listing inventory in Bloomington incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Bloomington is represented by Office space, which accounts for 153,990 square feet of available listings. Retail space available in Bloomington adds up to 41,638 square feet.

Meanwhile, most of the listings of commercial property for sale in Bloomington are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Bloomington is $13.14 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Bloomington can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Bloomington, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Bloomington is in the Downtown Bloomington neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Bloomington area.

Meanwhile, retail space opportunities are most abundant in the Elm Heights submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in McDeel Gardens.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $15 per square foot. In particular, the property type commanding the highest lease rates in Bloomington was Office space.

Conversely, the highest sale price last year was $8,750,000 that is located at 320 West 8th Street.

The average size of a commercial property in Bloomington depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Bloomington, the average size of an office property is 45,068 square feet.
Retail properties here incorporate an average of 37,243 square feet.
Industrial space in Bloomington is in buildings that are, on average 56,374 square feet in size.

Bloomington, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Bloomington currently add up to 203,343 square feet. The market offers 11 active office listing(s), which amount to 153,976 square feet and account for 61% of commercial spaces on the market. Local retail availability includes 49,367 square feet across 6 retail space(s).

Property Type	Count of Listings	Total SF
Office	11	153,976
Retail	6	49,367

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Bloomington, IN. Currently, there is 288,386 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 5 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	54,613
Retail	5	168,639
Industrial	2	63,374
Other	4	1,760

Bloomington, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Bloomington, IN?

What factors affect the price of commercial real estate in Bloomington, IN?

What is the average rent for commercial space in Bloomington, IN?

What are the best areas for commercial real estate in Bloomington, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Bloomington, IN?

Bloomington, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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