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Listed by Heather Groves • Sterling Real Estate • cell: 812-606-4239
$ 735,000
Est. payment /mo
Active
4638 E State Road 45 Bloomington, IN 47408
1.05 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202603595
Year Built 1928
Annual Tax Amount $3,788
Tax Year 2026
Lot Size 1.050 Acres
Property Sub-Type Mixed Use
Property Description
Discover historic charm and peaceful nature at this prime east side location, just east of Indiana University and near the new IU Health Bloomington Hospital. This historical schoolhouse—the Poplar Grove School—offers over 4,300sqft of freshly painted space with new carpet, split between two levels, each featuring restrooms and a kitchenette. The layout comprises 10 office spaces, an open common area, storage, and a larger first-level open area with original hardwood floors and over 50 brand new windows, filling the building with natural light. This property sits on just over 1.05 acres with more than 25 parking spots. Zoned Limited Business (LB), this property meets the essential business needs and convenience of neighboring residents, supporting a variety of uses including daycare, office space, retail, studio/gallery space, massage therapy, music therapy, counseling, real estate, freelance work, law firms, insurance, among others. The building offers tremendous potential—bring your imagination to reconfigure, redevelop, or transform this beautiful space. The property has newly installed fiber internet through GigabitNow.
Location
State IN
County Monroe County
Area Monroe County
Direction Property is on your right, right before Prairie Green Court.
Interior
Flooring Carpet, Wood
Appliance Building
Laundry , 25
Exterior
Fence None
Roof Type Dimensional Shingles
Total Parking Spaces 25
Building
Story 1
New Construction No
Others
Financing Cash,Conventional,Lease w/Option to Buy,Second Mortgage
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202603595
IDX information provided by the Indiana Regional MLS
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