Downtown Individual Office
For Lease
$400/Mo
328 S Walnut Street, Bloomington, IN 47401
SINGLE_FAMILY - Bloomington, IN
Lot Size0.40 Acres
Days on Market51
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
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: Jul 29
Last Checked: Aug 1 at 3:06AM
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 downtown property offers multiple individually leased office suites, arranged across main and upstairs levels. Suite options include Room 1 Upstairs Rear (12x10) for $500/month gross, Room 2 Upstairs Front (13x10) for $500/month gross, Room 3 Main Front (10x10) for $400/month gross, Room 4 Main Center (13x9) for $400/month gross, and Room 5 Main Rear (16x12) for $600/month gross. Each individual office includes multiple waiting areas plus kitchenette and bathroom access.
Located at 328 S Walnut Street in Bloomington, Indiana (Monroe County), the building allows flexible occupancy with off-street parking available as an option. The ownership notes that short-term leases are preferred.
These office suites are well suited for professional service tenants seeking private, room-by-room space rather than a single large footprint. With dedicated waiting space and kitchenette plus bathroom access included with each suite, the layout is designed to support client-facing operations while maintaining distinct, separately leased office areas.
Located at 328 S Walnut Street in Bloomington, Indiana (Monroe County), the building allows flexible occupancy with off-street parking available as an option. The ownership notes that short-term leases are preferred.
These office suites are well suited for professional service tenants seeking private, room-by-room space rather than a single large footprint. With dedicated waiting space and kitchenette plus bathroom access included with each suite, the layout is designed to support client-facing operations while maintaining distinct, separately leased office areas.
Key Highlights
- 1980‑built downtown office space for lease with individual offices
- Multiple office suites: Room 1 (12x10) $500/mo gross; Room 2 (13x10) $500/mo gross
- Additional suites: Room 3 (10x10) $400/mo gross; Room 4 (13x9) $400/mo gross
Property Analytics
Property Profile
Current Use
Lease Details
5
Office units
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,937
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
$15.03 /SF/Yr
Avg Asking Price
$2.4–$28.8 /SF/Yr
Price Range
2,552 SF
Avg Space Size
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 - Individually leased office rooms with waiting areas, kitchenette access, and shared bathroom access, with 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: 1980‑built downtown office space for lease with individual offices; Multiple office suites: Room 1 (12x10) $500/mo gross; Room 2 (13x10) $500/mo gross; Additional suites: Room 3 (10x10) $400/mo gross; Room 4 (13x9) $400/mo gross
