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    531 N Walnut St Bloomington, IN 47404

    For Lease
    $25 SF/Yr ($3,816 /Mo)

    Retail, Vacant - Bloomington, IN

    Type:Retail
    Property size:
    1,832 SF
    Lot size:
    0.19 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 531 N Walnut St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Kitchen
    APN
    53-05-33-300-025.000-005
    Parking features
    Paved or Surfaced
    Interior features
    Block, Other
    Size
    1,832 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1977
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    FC Tucker/Bloomington REALTORS (812) 336-7300 [email protected]

    Listing agent Chris Cockerham (812) 336-7300 License #RB14027897

    Listing date Nov 5, 2025

    MLS# 202544812 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Retail Space on Walnut

    Located on Bloomington’s bustling Walnut Street, this 1,832 square-foot space is situated within the Downtown Core zoning district, suitable for retail, restaurant, or creative use. The property features a hood vent, shared customer parking, and space for outdoor seating. The location benefits from nonstop traffic and foot activity in the heart of downtown. The lot size is 0.19 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.533893
    Latitude
    39.171394

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    FAQs

    What type of property is this?
    Retail space - 1,832 SF retail space in Bloomington's vibrant downtown.
    Where is this retail space located?
    The property is located at 531 N Walnut St Bloomington, IN.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location on Walnut Street with high foot and traffic activity.; - Zoned for retail, restaurant, or creative use (Downtown Core zoning).; - Existing hood vent in place.
    (812) 336-7300
    Request Owner's contact information
    531 N Walnut St Bloomington, IN 47404
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    Bloomington, IN 47404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    531 N Walnut St Bloomington, IN 47404
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