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Downtown Salon/Office/Studio Space Available
For Lease
$400/Mo

Ste-1-328 S Walnut St, Bloomington, IN 47401

Class A space suitable for salon, office, or studio use.

Space SizeContact for details
Lot Size0.40 Acres
Days on Market208

Property Features for Ste-1-328 S Walnut St

General Information

Standard status Active
Lot size 0.40 Acres

Taxes and HOA fees

Annual Taxes $3,242
Listing Agency: Realty Professionals
Listed By: Jim Regester · License #RB14012351
Source: Exprealty
Added: Jan 26 Changed: Aug 21 Last Checked: Aug 21 at 10:19AM

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

Investment Insights

Based on property information with market context.

This Class A space, formerly a salon, is located in a prominent downtown location next to the new Monroe Convention Center. The property offers 2,000 square feet of space, featuring 6 rooms that include large offices, a conference room, a kitchen, and an ADA-compliant restroom. The layout is suitable for a professional office, studio, or salon. The property includes 4 dedicated parking spaces. The listing agent is the owner.

Key Highlights

  • Prime downtown location next to the new Monroe Convention Center.
  • Versatile 2,000 SF space suitable for salon, office, or studio.
  • Features 6 rooms including large offices, conference room, kitchen, and ADA restroom.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Locksmith Butcher (Bike/Boat/Book/etc) Store Electrical Service Nursing Home Pet Store

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
$0.36 /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

$13.49 /SF/Yr
Avg Asking Price
$2.4–$18 /SF/Yr
Price Range
1,584 SF
Avg Space Size

This space is priced 82% below the average of $13.49 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A space suitable for salon, office, or studio use.
Where is this office units located?
The property is located at Ste-1-328 S Walnut St Bloomington, IN.
What is the lease rate?
The lease rate is $400/Mo.
What are key features of this property?
This property features: Prime downtown location next to the new Monroe Convention Center.; Versatile 2,000 SF space suitable for salon, office, or studio.; Features 6 rooms including large offices, conference room, kitchen, and ADA restroom.
More about this property
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