Listing courtesy of Stanger Homes, LLC · Listing agent: Michelle Stanger · michelle.stanger@homefinder.org

Virtual tour
ActiveMixed Use

2723 N Walnut Street

$375,000

$199.68 / sq ft

Bloomington, IN 47401Matlock Heights

Original price $400,000 · Price reduced on September 24, 2026

  • 1 acres
  • Basement
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Bathrooms
2
Lot
1 ac
Year built
1950
Type
Mixed Use
Listed
July 29, 2025
MLS #
202529735

About this home

Currently leased to a local radio station with an assumable 5-year lease in place, this commercial property offers versatile space and solid income potential. Features include a kitchen, electric heat and stove, washer/dryer hookup, 2 bathrooms and separate electrical breaker boxes and meters for the upper level. The lower level has a private exterior entrance at the rear of the building, with an interior stairway available if both levels are used together. Enjoy a wooded backyard view and high visibility on a busy highway just outside of town, directly across from a gas station and convenience store. Property is zoned for business use.

Property details

Interior

Stories
1
Finished area above grade
1,878 sq ft
Basement
Full, Walk-Out Basement, Outside Entrance
Flooring
Laminate
Heating
Electric
Cooling
Central Air

Exterior & parking

Construction
Vinyl Siding
Roof
Shingle
Parking
Asphalt, Paved, Private
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Matlock Heights
Lot size (acres)
1 ac
Lot dimensions
1.0
Location type
City,Commercial
Inside city limits
Yes
County
Monroe County
Township
Bloomington
Cross street
Old 37
Current use
Business Service, Professional
Road frontage
City Street
Road surface
Concrete
Platted
Yes
Planned unit development
No
Directions
Travel North on Walnut, building is on the left. Across from Speedway Gas Station.

Taxes & terms

Annual taxes
$4,580
Tax year
2024
Tax abatement
No
Listing terms
Cash
Possession
NEG-Subject to Tenants Rights
Parcel number
53-05-21-300-002.000-005

Included in the sale

Included in sale
Building,Land
Excluded from sale
Any personal items-tower

Utilities

Water
City
Sewer
Septic Tank
Water provider
Bloomington City Utility

Income & commercial

Parking spaces
14
Water meters
1
Ceiling height
na

Location

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$375,000

2 baths