Office Suites with Central
For Lease
$400-$600/Mo
328 S Walnut Street, Bloomington, IN 47401
COMMERCIAL FOR LEASE, Bloomington, IN
Space Size100 SF - 192 SF
Lot Size0.40 Acres
Days on Market73
Property Features for 328 S Walnut Street
General Information
Property type
Residential
Property subtype
Office
Zoning description
Mixed-Use Downtown - Downtown Core
Parking features
Off Street
Directions
On S. Walnut between 2nd and 3rd St. near Realty Professionals.
Subdivision
Monroe County
Standard status
Active
APN
53-01-55-617-001.000-009
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
015-56170-01 Walnut Center Condominiums Unit 1
Tax Annual Amount
3243
Legal Description
015-56170-01 Walnut Center Condominiums Unit 1
Utilities
Cooling system
Central Air
Amenities
waiting areas
kitchenette
bathroom access
off street parking
Building Details
Year built
1980
Flooring type
Carpet, Tile
Listing Agency:
Realty Professionals · RE/MAX International
(812) 650-3600
Listed By:
Jim Regester · License #RB14012351
(812) 322-4446
Added: Jun 12
Changed: Aug 19
Last Checked: Aug 23 at 6:06AM
MLS# 202623584
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.
Investment Insights
Based on property information with market context.
This property offers multiple individual office suites for lease, each described as including multiple waiting areas plus kitchenette and bathroom access. Flooring includes carpet and tile, and the building has central air.
The offices are presented as downtown space, with off-street parking listed as an option for occupants and visitors. Room sizes noted for available offices include 12x10 upstairs rear, 13x10 upstairs front, 10x10 main front, 13x9 main center, and 16x12 main rear. Short term leases are preferred.
The building is set on a 0.4-acre lot and was built in 1980, offering a straightforward configuration for tenant teams seeking private, suite-style office space within the downtown Bloomington area.
The offices are presented as downtown space, with off-street parking listed as an option for occupants and visitors. Room sizes noted for available offices include 12x10 upstairs rear, 13x10 upstairs front, 10x10 main front, 13x9 main center, and 16x12 main rear. Short term leases are preferred.
The building is set on a 0.4-acre lot and was built in 1980, offering a straightforward configuration for tenant teams seeking private, suite-style office space within the downtown Bloomington area.
Key Highlights
- 0.4‑acre lot and building built in 1980
- Central air and carpet/tile flooring
- Individual offices include multiple waiting areas plus kitchenette and bathroom access
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.56 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,769
Businesses Nearby
Explore this area
Business Placement
Demographics for 47401, IN
41,225
Population
21,162
Households
1.9
Avg Household Size
35
Median Age
62%
College-Educated
95%
High-School Grad
82.6 sq mi
ZIP Area
499
Density / Sq Mi
$65,643
Median Household Income
$34,279
Median Earnings
$1,181
Median Rent
$333,100
Median Home Value
Market
Lease Benchmarks for Bloomington, IN
$13.49 /SF/Yr
Avg Asking Price
$2.4–$18 /SF/Yr
Price Range
1,584 SF
Avg Space Size
This space is priced 224% above the average of $13.49 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Individual office suites include waiting areas, kitchenette access, and bathroom access, with central air and off-street parking option.
Where is this office units located?
The property is located at 328 S Walnut Street Bloomington, IN.
What is the lease rate?
The lease rate is $400/Mo.
What are key features of this property?
This property features: 0.4‑acre lot and building built in 1980; Central air and carpet/tile flooring; Individual offices include multiple waiting areas plus kitchenette and bathroom access
