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Office Building With Garage
For Sale
$114,000

119 S Liberty Street, Muncie, IN 47305

COMMERCIAL, Muncie, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market40

Property Features for 119 S Liberty Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Central Business
Rooms Basement
Parking features Off Street
Directions Jackson to Liberty North
Subdivision Delaware County
Standard status Active
APN 18-11-09-488-015.000-003
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 25
Tax Description JD Addn 22 3/4 ft part SE qtr Lot 7 and N hlf Lot 7 STR 092010 Lot may need to be surveyed from adjoining lot owned by seller and a lot split completed to achieve the lot size shown
Tax Annual Amount 2403
Legal Description JD Addn 22 3/4 ft part SE qtr Lot 7 and N hlf Lot 7 STR 092010 Lot may need to be surveyed from adjoining lot owned by seller and a lot split completed to achieve the lot size shown

Utilities

Cooling system Central Air

Building Details

Year built 1896
Flooring type Vinyl, Carpet
Roof type Asphalt, Rubber, Shingle
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Added: Jul 21 Changed: Aug 26 Last Checked: Aug 29 at 2:06PM
MLS# 202629336

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. 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.

Built in 1896, this office property includes a garage and off-street asphalt parking. The first floor is arranged with three office rooms, a waiting area, and a half bath, with vinyl and carpet flooring and central air conditioning. A basement is also present.

The property sits at 119 S Liberty Street in downtown Muncie, Indiana. The second floor remains unfinished, providing additional interior space within the existing building. The 0.14-acre site supports the office improvements, parking, and garage in a compact downtown setting.

Key Highlights

  • 1896 office building at 119 S Liberty Street in downtown Muncie
  • First floor includes 3 offices, a waiting area, and a 1/2 bath
  • Unfinished second floor

Property Analytics

Current Use

Mitch Pippin Atty ... Law Firm

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Storage Facility Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,200
Businesses Nearby

Demographics for 47305, IN

3,629
Population
2,512
Households
1.4
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
1.3 sq mi
ZIP Area
2,792
Density / Sq Mi
$33,125
Median Household Income
$30,648
Median Earnings
$744
Median Rent
$77,300
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
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Frequently Asked Questions

What type of property is this?
Office building - First-floor offices provide three private rooms, a waiting area, and a half bath.
Where is this office building located?
The property is located at 119 S Liberty Street Muncie, IN.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: 1896 office building at 119 S Liberty Street in downtown Muncie; First floor includes 3 offices, a waiting area, and a 1/2 bath; Unfinished second floor
More about this property
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