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Downtown Office Suites
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328 S Walnut St, Bloomington, IN 47401

Multiple individual office rooms are available with shared waiting areas, kitchenette, and bathroom access, with off-street parking available.

Space Size190 SF
Days on Market134

Property Features for 328 S Walnut St

General Information

Standard status Active
Size 190 SF
Property subtype OFFICE
Lease Type Gross

Amenities

waiting area
kitchenette
bathroom access

Spaces For Lease

at 328 S Walnut St
Individual Offices for Lease in Downtown Bloomington $600/Mo
Size 190 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, At lease signing
Downtown individual offices for lease. Off street parking is an option. Room 1 Upstairs Rear, 12x10 - $500/mo Gross; Room 2 Upstairs Front, 13x10 - $500/mo Gross; Room 3 Main Front, 10x10 - $500/mo Gross; Room 4 Main Center, 13x9 - $500/mo Gross; Room 5 Main Rear, 16x12 $600/mo Gross. All individual offices include multiple waiting areas plus kitchenette and bathroom access. FYI Landlord is only willing to consider a 6 month lease at this time. Listing Agent is owner of property.
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Listing Agency: REALTY PROFESSIONALS
Listed By: James Regester
Source: Moodyscre
Added: Jun 17 Changed: Oct 25 Last Checked: Oct 26 at 6:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY PROFESSIONALS

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Investment Insights

Based on property information with market context.

Downtown individual offices for lease, offered as separate rooms with multiple waiting areas plus kitchenette and bathroom access included for each suite. Available configurations include Room 1 (upstairs rear, 12x10), Room 2 (upstairs front, 13x10), Room 3 (main front, 10x10), Room 4 (main center, 13x9), and Room 5 (main rear, 16x12).

Off-street parking is an option. Short-term leases are preferred, and the listing agent is the owner of the property.

Key Highlights

  • Multiple individual office rooms available in a downtown office setup for lease
  • Room sizes and rent: 12x10 ($500/mo Gross), 13x10 ($500/mo Gross), 10x10 ($400/mo Gross), 13x9 ($400/mo Gross)
  • Additional space: 16x12 room for $600/mo Gross

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Locksmith Pet Grooming Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.68 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,769
Businesses Nearby

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

$56.11 /SF/Yr
Avg Asking Price
$10–$422 /SF/Yr
Price Range
2,151 SF
Avg Space Size

This space is priced 32% below the average of $56.11 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Multiple individual office rooms are available with shared waiting areas, kitchenette, and bathroom access, with off-street parking available.
Where is this office unit located?
The property is located at 328 S Walnut St Bloomington, IN.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: Multiple individual office rooms available in a downtown office setup for lease; Room sizes and rent: 12x10 ($500/mo Gross), 13x10 ($500/mo Gross), 10x10 ($400/mo Gross), 13x9 ($400/mo Gross); Additional space: 16x12 room for $600/mo Gross
(812) 650-3600 Call to check price and availability
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