Property Description
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.
