# 319 S Madison Street, Bloomington, IN 47403

> **TL;DR:** commercial, $3,250,000, built 1900. Est. $17,382/mo. Listed 1166 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,250,000 |
| Year Built | 1900 |
| Lot Size | 36,155 sqft (0.83 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 1166 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $16,434 |
| Estimated Insurance | $948 |
| **Total** | **$17,382** |

## Property Highlights

- Built in 1900
- 0.83 acre lot

## Description

### Agent Description
Prime development opportunity in the heart of downtown Bloomington! This property features frontage on both W 3rd Street and S Madison Street and is adjacent to the Monroe County Convention Center. It is easily within walking distance to all that downtown Bloomington has to offer as well as the campus of Indiana University, and is just steps away from the B-Line Trail. The property is currently zoned Mixed Use Downtown with Downtown Edges Overlay which allows for a variety of uses. Potential uses include, but are not limited to, Multi-Family, Lodging and Retail.

## Location

- **Address:** 319 S Madison Street, Bloomington, IN 47403
- **County:** Monroe County
- **Coordinates:** 39.1641854, -86.53712008
- **Google Maps:** https://www.google.com/maps?q=39.1641854,-86.53712008

## Virtual Tour & Media

- **Video Tour:** https://youtu.be/DggTsB_d550

## Listing Agent

- **Name:** AJ Bowlen
- **Brokerage:** RE/MAX Acclaimed Properties
- **Broker Phone:** (812) 332-3001

## Photos

![319 S Madison Street - Photo 1](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f1025192260r.jpg)

![319 S Madison Street - Photo 2](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f914932178r.jpg)

![319 S Madison Street - Photo 3](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f3694878726r.jpg)

![319 S Madison Street - Photo 4](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f1347025758r.jpg)

![319 S Madison Street - Photo 5](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f2419067306r.jpg)

![319 S Madison Street - Photo 6](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f1988895791r.jpg)

![319 S Madison Street - Photo 7](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f299403110r.jpg)

![319 S Madison Street - Photo 8](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f4049605651r.jpg)

![319 S Madison Street - Photo 9](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f2693453500r.jpg)

![319 S Madison Street - Photo 10](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f1887408547r.jpg)

![319 S Madison Street - Photo 11](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f1532022126r.jpg)

![319 S Madison Street - Photo 12](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f2008084476r.jpg)

![319 S Madison Street - Photo 13](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f2240049621r.jpg)

![319 S Madison Street - Photo 14](http://lh.rdcpix.com/417969df7f26ed646ecefe1e0545e4b7l-f2205043702r.jpg)

---

**MLS#:** 202330477 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/319-s-madison-street-bloomington-in-47403-d8ab793855be4a759f8f4028cd76f81a)

---

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