TRACT 2 - 1418 E Rhorer Rd. | Bloomington, IN

1418 E Rhorer Rd, Bloomington, Indiana, 47401-8857

Photos

Map

* PENDING

MLS: 13055-261418

1. Acres

6,840 SqFt

1 beds

3.0 baths

What You Should Know

Bloomington Home for Sale
Bloomington Rental Property
Rental Investment Bloomington
Monroe County Investment
Live/Work Space Bloomington

BIDDING OPEN

Why You'll Love It

Versatile Building with Apartments on 1± Acre – Live/Work + Income Potential in Bloomington, IN

*Big Ass NOT INCLUDED WITH BUILDING - will be removed prior to closing*

This unique property offers a rare combination of warehouse-style space, residential units, and income potential, all situated on approximately 1± acre just outside Bloomington.

Constructed in 2018, the building features approximately 6,800+ square feet of total space, thoughtfully designed to accommodate a variety of uses—from business operations to residential living and investment income.

The property includes a large warehouse/shop/garage area with high ceilings and a functional layout, ideal for contractors, trades, storage, equipment, or hobby use. A finished office area provides additional flexibility for business operations or administrative space.

What truly sets this property apart is the inclusion of multiple apartment units within the building, creating immediate usability and income potential:

2 bed / 2 bath apartment
1 bed / 1 bath apartment

These units provide excellent options for rental income, multi-generational living, employee housing, or owner occupancy, giving the property both practical function and long-term investment appeal.

Live / Work Opportunity

This property is well-suited for someone looking to live and operate out of the same location. The combination of:

Open, warehouse-style space
On-site residential units

creates an efficient setup for entrepreneurs, contractors, or anyone needing space to work, store, and live—all in one place.

Investment & Income Potential

With multiple residential units already in place, this property offers:

Immediate or future rental income opportunities
Flexibility to live in one unit and rent the others
A unique asset that blends commercial utility with residential demand

Highlights:

Approx. 6,840 sq ft building
Built in 2018
Open, warehouse-style space with high ceilings
Two apartments (2 bed/2 bath + 1 bed/1 bath)
Concrete parking and access areas
1± acre with easy access to Bloomington
Utilities available (city water, septic, gas, electric)

Auction Links:

Ideal For:

✔ Live/work buyers needing flexible space
✔ Contractors, trades, or hobbyists
✔ Investors seeking rental income
✔ Buyers wanting a multi-use property near town

Note: Property is currently zoned residential per county planning information. Buyers should verify and confirm intended uses.

*Big Ass Fan is being sold separately. IS NOT INCLUDED with this building.