Listing courtesy of Keller Williams - Indy Metro South LLC · Listing agent: Micah Heath · micah.heath@kw.com

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ActiveMixed Use

807 N College Avenue

$899,900

$419.34 / sq ft

Bloomington, IN 47404-3545

Original price $925,000 · Price reduced on April 29, 2026

  • Basement
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Bathrooms
2
Lot
0.17 ac
Year built
1994
Type
Mixed Use
Listed
October 20, 2025
MLS #
202542574

About this home

PRIME DOWNTOWN BLOOMINGTON PROFESSIONAL BUILDING WITH PRIVATE PARKING Rare opportunity to acquire a highly adaptable 4,292 SF commercial building in one of Bloomington's most desirable growth corridors. Located minutes from Downtown Bloomington, Indiana University, and the city's north side, this property offers exceptional visibility, accessibility, and flexibility for owner-users, investors, or redevelopment-minded buyers. The flexible floor plan creates opportunities for owner-users, multi-tenant professional office suites, medical and behavioral health practices, wellness operators, and investors seeking a value-add asset in Bloomington's rising Stadium District. The building features two finished levels with multiple offices, meeting rooms, reception areas, and restrooms, plus approximately 1,100 SF of unfinished lower-level space ideal for expansion, storage, or future build-out. Several interior walls are non-structural and can be removed or reconfigured, allowing the next owner to customize the layout for a wide range of business models. Ideal uses include medical, behavioral health, wellness, counseling, legal, accounting, professional services, educational, nonprofit, executive office suites, coworking, or mixed professional occupancy. A rare private parking lot with approximately 12–13 spaces provides a significant competitive advantage in this downtown location. Major building updates include a membrane roof, HVAC replacement, and water heater improvements, reducing near-term capital expenditure concerns. Back flow valves have also been updated in accordance to new city ordinances. Whether you're seeking a headquarters location, an income-producing office investment, a multi-tenant professional center, or a strategic property near Indiana University and downtown Bloomington, 807 N. College Avenue offers outstanding long-term potential in one of the region's strongest commercial markets.

Property details

Interior

Stories
1
Finished area above grade
2,146 sq ft
Basement
Full, Partially Finished, Walk-Out Basement
Flooring
Laminate
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Brick
Roof
Flat, Rubber
Parking
Paved
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.17 ac
Lot dimensions
134 x 59
Location type
City
Inside city limits
Yes
County
Monroe County
Township
Bloomington
Current use
Vacant
Road frontage
City Street
Lots
19
Platted
Yes
Planned unit development
No
Directions
From IN-45 N/IN-46 E, Go S on College Avenue. Go under railroad crossing and property is on the left. Park in back.

Taxes & terms

Annual taxes
$8,615
Tax year
2025
Tax abatement
No
Possession
At Closing
Parcel number
53-05-33-204-045.000-005

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Water meters
1
Ceiling height
8 ft.

Location

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