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Modern Office Building For Lease
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1663 Liberty Drive, Bloomington, IN 47403

Two-story office building with flexible space and ample parking.

Property Size51,735 SF
Days on Market935

Property Features for 1663 Liberty Drive

General Information

Standard status Active
Size 51,735 SF
Property subtype Office

Building Details

Year Built 2000
Listing Agency: NAI Global
Listed By: Andrew Follman · License #RB14043685
Source: Crexi
Added: Jan 9, 2024 Changed: Jul 6 Last Checked: Jul 28 at 2:48PM

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 NAI Global

Investment Insights

Based on property information with market context.

Located at 1663 Liberty Drive, this modern, two-story office building offers 51,735 square feet of space. The property features oversized 25,800-square-foot floor plates that can be divided into suites as small as approximately 1,500 square feet. Updated common areas and fiber connectivity are available. Parking is provided by approximately 300 surface stalls, resulting in a parking ratio of 5.8 per 1,000 square feet. The property's IG zoning allows for various uses, including traditional office space, research and development suites, technology firms, and light-medical laboratories. The site is located less than three miles from Indiana University and is near dining, retail, and hospitality amenities. The lease rate is $14.50 per square foot, full service.

Key Highlights

  • Aggressively low rate of $14.50 PSF Full Service.
  • Oversized 25,800‑SF floor plates demisable to ±1,500 SF suites.
  • ±300 surface stalls delivering a 5.8/1,000 SF parking ratio.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Hair Salon Real Estate Agency Restaurant Spa & Massage Center Parking Lot & Garage 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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby

Demographics for 47403, IN

33,066
Population
16,271
Households
2
Avg Household Size
35
Median Age
39%
College-Educated
93%
High-School Grad
85.0 sq mi
ZIP Area
389
Density / Sq Mi
$68,703
Median Household Income
$40,391
Median Earnings
$1,114
Median Rent
$222,000
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
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with flexible space and ample parking.
Where is this office building located?
The property is located at 1663 Liberty Drive Bloomington, IN.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Aggressively low rate of $14.50 PSF Full Service.; Oversized 25,800‑SF floor plates demisable to ±1,500 SF suites.; ±300 surface stalls delivering a 5.8/1,000 SF parking ratio.
(317) 566-5614 Call to check price and availability
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