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Historic Office Building
For Lease
$15.50 SF/Yr NNN

520 N Walnut Street, Bloomington, IN 47404

COMMERCIAL FOR LEASE, Bloomington, IN

Space Size7,767 SF
Lot Size0.19 Acres
Days on Market143

Property Features for 520 N Walnut Street

General Information

Property type Residential
Property subtype Office
Zoning description Downtown Core
Rooms Basement
Lot features City
Directions Head north on Walnut St. Property will be on the right side of the street between 9th and 10th.
Subdivision Monroe County
Standard status Active
APN 53-05-33-306-048.000-005
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 013-18340-00 BOLLMAN PLACE LOT 15 & PT LOT17
Tax Annual Amount 6714
Legal Description 013-18340-00 BOLLMAN PLACE LOT 15 & PT LOT17

Utilities

Cooling system Multi Units, Central Air

Building Details

Year built 1900
Flooring type Carpet, Tile - Ceramic
Roof type Shingle
Listing Agency: Realty Professionals · RE/MAX International
Listed By: Jim Regester · License #RB14012351
Added: Apr 2 Changed: Aug 20 Last Checked: Aug 22 at 5:06PM
MLS# 202611161

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.

Available for lease, this historic office building combines turn-of-the-century character with a professional commercial layout. The property was built in 1900 and most recently operated as a 7,767-square-foot law office. Carpet and ceramic tile flooring, central air, and multiple cooling units provide functional interior improvements, while the basement adds additional usable space.

The property occupies 0.19 acres at 520 N Walnut Street in Bloomington, Indiana. Its prior commercial history includes restaurant and retail operations, providing documented flexibility in how the building has been used over time. A shingle roof completes the exterior improvements, and the lease structure is triple net.

Key Highlights

  • 7,767‑square‑foot professional office configuration
  • Built in 1900 with preserved historic architectural character
  • Central air plus multiple cooling units

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Storage Facility Building Supply Electrical Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

2,430
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

Market

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 building - Preserved architectural details, modern cooling systems, and basement space support professional office use.
Where is this office building located?
The property is located at 520 N Walnut Street Bloomington, IN.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: 7,767‑square‑foot professional office configuration; Built in 1900 with preserved historic architectural character; Central air plus multiple cooling units
More about this property
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