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Historic Office Suite

400 W 7th Street #103, Bloomington, IN 47404

For Lease
New
$15 SF/Yr CAM $6.97 /USD/SF/YR

The layout provides two enclosed offices and a conference room that can function as a third office.

Space Size1,260 SF
Property Size29,149 SF
Days on Market5

Property Features for 400 W 7th Street #103

General Information

Standard status Active
Size 1,260 SF
Net Rentable 1,260 SF
Lease Type NNN

Space & Availability

Available Space 1,260 SF
Contiguous Space 1,260 SF
Space Use Office
Private Offices 2
Meeting Rooms 1

Lease Terms

Lease Rate $15 /SF/YR
Total Rate $2,307
Monthly Rent $1,575
Rent per SF/Year $15
CAM $6.97 /SF/YR

Building Details

Year Built 1913
Buildings 1
Stories 3
Building Size 29,149 SF
Listing Agency: Colliers International
Listed By: Dave Harstad · License #RB14036381
Source: Bigrealtyservices
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 6 at 6:31PM

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 Colliers International

Rey
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Investment Insights

Based on property information with market context.

Suite 103 offers 1, 260 SF within the 29, 149 SF Johnson Creamery, a historic office building completed in 1913. Its plan includes two private offices, an expansive conference room that can also serve as a third office, and open areas. Tenants may use the building’s large conference room, and common restrooms are outside the suite.

The property is at 400 W 7th Street in Bloomington, immediately beside the B-Line Trail and Showers Complex. Restaurants, government offices, and other downtown amenities are accessible from the building. Parking is available at Trades District Garage, about a two-minute walk away.

Key Highlights

  • Suite 103 contains 1, 260 SF
  • Two private offices, open areas, and a conference room that can be used as a third office
  • Located within the 29, 149 SF Johnson Creamery, built in 1913

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Auto Parts Store HVAC Service Plumbing Service Locksmith 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,373
Businesses Nearby

Demographics for 47404, IN

23,799
Population
12,101
Households
2
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
52.6 sq mi
ZIP Area
452
Density / Sq Mi
$54,674
Median Household Income
$36,725
Median Earnings
$1,159
Median Rent
$243,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Bloomington, IN

$79.86 /SF/Yr
Avg Asking Price
$10–$422 /SF/Yr
Price Range
2,126 SF
Avg Space Size

This space is priced 81% below the average of $79.86 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Bloomington, IN

$12.93 Jul
$16.92 Aug
$18.02 Sep
$70.73 Oct

Properties on Market for Office Units in Bloomington

Jul
Aug
Sep
Oct

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 - The layout provides two enclosed offices and a conference room that can function as a third office.
Where is this office unit located?
The property is located at 400 W 7th Street #103 Bloomington, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Suite 103 contains 1, 260 SF; Two private offices, open areas, and a conference room that can be used as a third office; Located within the 29, 149 SF Johnson Creamery, built in 1913
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