Retail Space with Hood
For Lease
$25 SF/Yr
531 N Walnut Street, Bloomington, IN 47404
COMMERCIAL FOR LEASE, Bloomington, IN
Space Size1,832 SF
Lot Size0.19 Acres
Days on Market290
Property Features for 531 N Walnut Street
General Information
Property type
Residential
Property subtype
Retail
Directions
Take Walnut Street North from downtown; Property will be on Westside of Walnut
Subdivision
Monroe County
Standard status
Active
APN
53-05-33-300-025.000-005
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
013-27290-00 OUTLOT PT 34
Tax Annual Amount
3830
Legal Description
013-27290-00 OUTLOT PT 34
Utilities
Cooling system
Central Air
Amenities
hood vent
shared customer parking
outdoor seating
Building Details
Year built
1977
Flooring type
Tile
Roof type
Shingle
Listing Agency:
FC Tucker/Bloomington REALTORS
(812) 336-7300
Listed By:
Chris Cockerham · License #RB14027897
(812) 340-3083
Added: Nov 5, 2025
Changed: Aug 20
Last Checked: Aug 22 at 9:06PM
MLS# 202544812
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 1,832-square-foot retail space at 531 N Walnut Street offers a flexible commercial layout for retail, restaurant, or creative use. A hood vent is already installed, and the space includes tile flooring and central air conditioning. The building dates to 1977 and has a shingle roof.
Located in Bloomington’s downtown area, the property includes shared customer parking and room for outdoor seating. Its Downtown Core zoning designation provides a defined framework for the stated retail, restaurant, and creative applications.
Located in Bloomington’s downtown area, the property includes shared customer parking and room for outdoor seating. Its Downtown Core zoning designation provides a defined framework for the stated retail, restaurant, and creative applications.
Key Highlights
- 1,832 SF retail space at 531 N Walnut Street
- Downtown Core zoning designation
- Existing hood vent supports restaurant use
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,430
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Downtown Core zoning supports retail, restaurant, and creative commercial uses.
Where is this retail space located?
The property is located at 531 N Walnut Street Bloomington, IN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 1,832 SF retail space at 531 N Walnut Street; Downtown Core zoning designation; Existing hood vent supports restaurant use
