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Two-Story Office Building with Parking
For Sale
$945,000

225 N High Street, Muncie, IN 47305

COMMERCIAL, Muncie, IN

Property Size20,000 SF
Lot Size0.63 Acres
Price / SF$47.25
Days on Market182

Property Features for 225 N High Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business and Commercial zoning
Directions Wheeling south to High Street
Subdivision Delaware County
Standard status Active
APN 18-11-09-482-008.000-003
Lot size 0.63 Acres

Taxes and HOA fees

Tax Year 24
Tax Description G D 0.0000Acres STR: 092010 IN: 1 OUT: G D 0.0000Acres STR: 092010 IN: 4 OUT G D BLK 7 LOT 6 & VAC 5FT ALLEY ADJ G D BLK 7 EHLF LOT 7 & VAC 5FT ALLEY ADJ 4th Parcel ID # 18-11-09-482-006.000-003
Tax Annual Amount 2285
Legal Description G D 0.0000Acres STR: 092010 IN: 1 OUT: G D 0.0000Acres STR: 092010 IN: 4 OUT G D BLK 7 LOT 6 & VAC 5FT ALLEY ADJ G D BLK 7 EHLF LOT 7 & VAC 5FT ALLEY ADJ 4th Parcel ID # 18-11-09-482-006.000-003

Utilities

Cooling system Central Air

Amenities

commercial restrooms
stairwells

Building Details

Year built 1928
Flooring type Tile, Tile - Ceramic, Carpet
Roof type Rubber
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Added: Feb 27 Changed: Aug 26 Last Checked: Aug 28 at 11:06AM
MLS# 202606270

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 1928, this two-story office building contains approximately 20,000 square feet and is situated on 0.63 acres across four parcels. The property includes a passenger elevator, two sets of commercial restrooms, two stairwell sets, central air, and a rubber roof. Interior finishes include tile, ceramic tile, and carpet. The building was originally constructed as an automotive dealership before conversion to office use, including a period as the Federal Building.

Three parking lots provide 50 parking spaces, with separate parking leases in place. Five tenant spaces are currently leased. The property is located at 225 N High Street in downtown Muncie, directly across from City Hall and next to the proposed High Pointe Station Development Opportunity.

Key Highlights

  • 20,000 sq ft, two‑story office building constructed in 1928
  • 0.63‑acre offering comprising four parcels
  • Three parking lots with 50 parking spaces

Property Analytics

Current Use

Five Star Driver ... Training Center Ronald K Smith Law Firm Alan K Wilson ... Law Firm Anthony Wayne Services Employment Agency Jackson & Oglesby Law ... Law Firm

Suggested Use

Top Pick Pharmacy Storage Facility Dental Office Furniture & Home Goods Bakery Cafe & Coffee Shop

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

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,144
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 - Downtown office property with elevator access, multiple restrooms, and five leased tenant spaces.
Where is this office building located?
The property is located at 225 N High Street Muncie, IN.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 20,000 sq ft, two‑story office building constructed in 1928; 0.63‑acre offering comprising four parcels; Three parking lots with 50 parking spaces
More about this property
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