Six-Room Downtown Office
For Lease
$1,975/Mo NNN
328 S Walnut Street, Bloomington, IN 47401
COMMERCIAL FOR LEASE, Bloomington, IN
Space Size2,000 SF
Lot Size0.40 Acres
Days on Market307
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
kitchen
ADA restroom
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: Oct 21, 2025
Changed: Aug 20
Last Checked: Aug 23 at 7:06AM
MLS# 202542739
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 office suite at 328 S Walnut Street provides approximately 2,000 square feet of commercial space arranged across six rooms. The layout includes large offices, a conference room, kitchen, and ADA restroom, with carpet and tile flooring and central air conditioning. The space was formerly used as a salon and is also suited to professional office, studio, or salon operations. A one-year NNN lease is currently being considered.
The property is in downtown Bloomington next to the new Monroe Convention Center. Three dedicated parking spaces are provided, along with off-street parking access. Built in 1980, the suite offers a practical multi-room configuration for an office or studio user seeking a central commercial setting.
The property is in downtown Bloomington next to the new Monroe Convention Center. Three dedicated parking spaces are provided, along with off-street parking access. Built in 1980, the suite offers a practical multi-room configuration for an office or studio user seeking a central commercial setting.
Key Highlights
- Approximately 2,000 square feet+/- arranged across 6 rooms
- Large offices, conference room, kitchen, and ADA restroom
- Next to the new Monroe Convention Center in downtown Bloomington
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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 12% below 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 - Professional suite with conference, kitchen, ADA restroom, and dedicated off-street parking.
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 $1,975/Mo.
What are key features of this property?
This property features: Approximately 2,000 square feet+/- arranged across 6 rooms; Large offices, conference room, kitchen, and ADA restroom; Next to the new Monroe Convention Center in downtown Bloomington
