1015 W Gourley Pike, Bloomington, IN 47404

• 1 bed |
• 1 bath |
• 1,600 sqft

Property Description

Location! Location! Location! This exceptional 0.78-acre lot presents a prime opportunity for development or investment, strategically zoned for "Mixed Use" with a code of three family residential. The property currently features three existing dwellings, offering immediate rental income potential from one of them or a foundation for future renovations from your vision for the property. Its highly desirable location is a significant asset, situated just minutes from the bustling campus of Indiana University, ensuring a consistent demand for housing and commercial services. Furthermore, the property benefits from excellent visibility and accessibility, with a major highway clearly in sight, facilitating easy commutes and attracting commercial interest. This prominent location provides a distinct advantage for businesses seeking high traffic exposure and convenient access. The "Mixed Use" zoning designation offers a broad spectrum of possibilities, allowing for a combination of residential and commercial, subject to local regulations. A great piece of property for someone with a great vision! All measurements are approximate for only the dwelling at 2010 N Monroe St.

Listing Status:

Active

Date Added:

November 3, 2025 at 06:00AM

Listing Office:

Carpenter, REALTORS-Bloomington : 812-330-9375

Listing Agent:

Carrie Parrish : 812-585-4792

MLS ID:

202544581

Interior

• Basement: Other
• A/C: Other
• Heating: Electric

Exterior

• General: Other
• Style: Detached

Location

• School District: Monroe County Community School Corp.

Lot

• Zoning: 013.-17765-00 Arlington Place BLK 6 PT Lot 3 Annexed53-05-29-403-001.000-005

Utilities

• Water: Public
• Sewer: Public

This listing courtesy of Carrie Parrish, Carpenter, REALTORS-Bloomington