Downtown Bloomington Retail

Downtown Bloomington

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
570
As of: May 25, 2017

Downtown Bloomington Rates

Most listings are in the $20's per square foot per year. The Downtown Bloomington region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Downtown Bloomington Listing Supply

In the last 90 days, 6 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 570 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1970 and are Class Class B.

Downtown Bloomington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Downtown Bloomington residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Bloomington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Bloomington.
Research