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2312 S Rogers St 2,790 SF 100% Leased Retail Building Bloomington, IN 47403 $549,900 ($197.10/SF)
Executive Summary
Rare opportunity! 2312 S Rogers St is a versatile commercial property that pairs proven business income with residential upside, all in one dynamic Bloomington package. Retail space and apartments with great rental history and revenue!
At its heart sits a popular, fully operational salon, thoughtfully updated with brand-new work stations. The established tenants of both the salon and apartments along with the turnkey setup make this an ideal launchpad for an entrepreneur ready to hit the ground running—or an investor seeking dependable cash flow from day one.
The salon is popular with both clients and stylists who all appreciate the location and upgrades. The booth spaces available are consistently rented. The two upper level 1 bedroom apartments generate steady rental income, creating a smart, diversified revenue stream that offsets ownership costs and builds long-term equity. Total gross income exceeds $5000.00 per month.
Ample on-site parking sets this location apart, offering convenience that both customers and tenants will genuinely appreciate—a valuable perk along busy South Rogers Street.
Speaking of location, the surrounding neighborhood is a major draw. You're moments from the B-Line Trail, plus close to Novo Nordisk's main campus and Bloomington Country Club. This is a well-trafficked, growing corridor with strong visibility and easy access throughout town.
Whether you're expanding a portfolio, launching a new venture, or securing a mixed-use investment with multiple income sources, this property checks every box. Opportunities that blend established business, rental returns, and prime positioning like this rarely last. Come see the potential for yourself.
At its heart sits a popular, fully operational salon, thoughtfully updated with brand-new work stations. The established tenants of both the salon and apartments along with the turnkey setup make this an ideal launchpad for an entrepreneur ready to hit the ground running—or an investor seeking dependable cash flow from day one.
The salon is popular with both clients and stylists who all appreciate the location and upgrades. The booth spaces available are consistently rented. The two upper level 1 bedroom apartments generate steady rental income, creating a smart, diversified revenue stream that offsets ownership costs and builds long-term equity. Total gross income exceeds $5000.00 per month.
Ample on-site parking sets this location apart, offering convenience that both customers and tenants will genuinely appreciate—a valuable perk along busy South Rogers Street.
Speaking of location, the surrounding neighborhood is a major draw. You're moments from the B-Line Trail, plus close to Novo Nordisk's main campus and Bloomington Country Club. This is a well-trafficked, growing corridor with strong visibility and easy access throughout town.
Whether you're expanding a portfolio, launching a new venture, or securing a mixed-use investment with multiple income sources, this property checks every box. Opportunities that blend established business, rental returns, and prime positioning like this rarely last. Come see the potential for yourself.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$60,120
|
$21.55
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$60,120
|
$21.55
|
| Taxes |
$7,018
|
$2.52
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,018
|
$2.52
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $60,120 |
| Annual Per SF | $21.55 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $60,120 |
| Annual Per SF | $21.55 |
| Taxes | |
|---|---|
| Annual | $7,018 |
| Annual Per SF | $2.52 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,018 |
| Annual Per SF | $2.52 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,790 SF
Building Class
C
Year Built
1975
Price
$549,900
Price Per SF
$197.10
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
R-2
Parking
13 Spaces (4.66 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 53-08-08-403-159.000-009 | Total Assessment | $344,000 |
| Land Assessment | $72,000 | Annual Taxes | $7,018 ($2.52/SF) |
| Improvements Assessment | $272,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
53-08-08-403-159.000-009
Land Assessment
$72,000
Improvements Assessment
$272,000
Total Assessment
$344,000
Annual Taxes
$7,018 ($2.52/SF)
Tax Year
2025
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2312 S Rogers St