Office Suites with Shared
For Lease
$500-$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 Market118
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: Sep 29
Last Checked: Oct 7 at 3:06PM
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.
Five individual office rooms are available in a building constructed in 1980. The spaces range from 10 by 10 feet to 16 by 12 feet, with rooms positioned on the upper and main levels. Carpet and tile flooring and central air conditioning are among the building features. Tenants have access to shared waiting areas, a kitchenette, and a bathroom.
The property is at 328 S Walnut Street in Bloomington. Off-street parking may be arranged, and the current lease term under consideration is six months. The five rooms vary in size and location within the building, offering separate office options with access to common amenities.
The property is at 328 S Walnut Street in Bloomington. Off-street parking may be arranged, and the current lease term under consideration is six months. The five rooms vary in size and location within the building, offering separate office options with access to common amenities.
Key Highlights
- Five offices range from 10x10 to 16x12 feet
- Rooms are located on the main and upper levels
- Shared waiting areas, kitchenette, and bathroom access
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$7.31 /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
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Market
Lease Benchmarks for Bloomington, IN
$54.29 /SF/Yr
Avg Asking Price
$10–$422 /SF/Yr
Price Range
2,157 SF
Avg Space Size
This space is priced 10% below the average of $54.29 /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 - Five separately leased rooms share waiting areas, a kitchenette, and restroom access.
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 $6,000/Mo.
What are key features of this property?
This property features: Five offices range from 10x10 to 16x12 feet; Rooms are located on the main and upper levels; Shared waiting areas, kitchenette, and bathroom access
