Retail Space with Outdoor
For Lease
$20 SF/Yr
1708 W University Avenue, Muncie, IN 47303
COMMERCIAL FOR LEASE, Muncie, IN
Space Size1,300 SF
Lot Size0.38 Acres
Days on Market61
Property Features for 1708 W University Avenue
General Information
Property type
Residential
Property subtype
Retail
Directions
Heading North on Tillotson Ave, turn right onto University Ave, cross McKinley Ave, property located on the left
Subdivision
Delaware County
Standard status
Active
APN
18-11-08-434-014.000-003
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
51
Tax Description
UNIVERSITY ADD E 38 FT OF LOT 11 0.0000Acres STR: 082010 IN: OUT
Tax Annual Amount
6883
Legal Description
UNIVERSITY ADD E 38 FT OF LOT 11 0.0000Acres STR: 082010 IN: OUT
Utilities
Cooling system
Central Air
Amenities
outdoor patio
Building Details
Year built
1986
Flooring type
Tile
Roof type
Shingle
Listing Agency:
Coldwell Banker Real Estate Group
(765) 289-2228
Listed By:
Jacob Wagner · License #RB23000239
(317) 448-8852
Added: Jun 30
Changed: Aug 26
Last Checked: Aug 29 at 2:06PM
MLS# 202625874
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.
This approximately 1,300-square-foot retail space includes an outdoor patio that can accommodate additional seating or customer-oriented use. Interior features include tile flooring and central air, while the property was built in 1986 and has a shingle roof. The space is positioned for retail or restaurant operations, subject to applicable requirements.
Located next to Ball State University in Muncie’s Village area, the property benefits from vehicle and pedestrian activity associated with campus, nearby businesses, and surrounding residential neighborhoods. The site is also adjacent to the new Cantio Hotel and the university’s new performing arts center, both nearing completion. The parcel encompasses 0.38 acres.
Located next to Ball State University in Muncie’s Village area, the property benefits from vehicle and pedestrian activity associated with campus, nearby businesses, and surrounding residential neighborhoods. The site is also adjacent to the new Cantio Hotel and the university’s new performing arts center, both nearing completion. The parcel encompasses 0.38 acres.
Key Highlights
- Approximately 1,300 square feet of retail space
- Outdoor patio for added seating or customer space
- Adjacent to Ball State University in The Village
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,225
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
Jimmy John's
Dining
3,812 visits/mo
0.1 miles
Greek's Pizzeria
Dining
3,494 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
3,187 visits/mo
0.2 miles
China Express
Dining
2,639 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
1,180 visits/mo
0.4 miles
Demographics for 47303, IN
24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value
Market
Lease Benchmarks for Muncie, IN
$13.06 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
12,491 SF
Avg Space Size
This space is priced 53% above the average of $13.06 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - University-adjacent space with tile flooring and central air supports retail or restaurant occupancy.
Where is this retail space located?
The property is located at 1708 W University Avenue Muncie, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Approximately 1,300 square feet of retail space; Outdoor patio for added seating or customer space; Adjacent to Ball State University in The Village
