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    2401 S Monroe St Muncie, IN 47302

    For Sale
    $600,000

    Industrial - Muncie, IN

    Type:Industrial
    Property size:
    19,800 SF
    Lot size:
    0.57 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 2401 S Monroe St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    Industrial Light
    APN
    181122179004000003
    Size
    19,800 SF
    Lot size
    0.57 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1959
    Roof type
    Membrane
    Architectural style
    Other

    Indy Metro Northeast dba Keller Williams Realty (317) 564-7100 [email protected]

    Listing agent Justin Griffith (317) 564-7100 License #RB14047020

    Listing date Nov 13, 2025

    MLS# 22024604 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Muncie Industrial Investment Opportunity

    This multi-tenant property in Muncie, Indiana, presents an opportunity for both end users and investors. Zoned for light industrial use, the property offers over 19,800 square feet of space. Significant upgrades have been completed, including a new metal and granulated torch roof, fresh paint inside and out, new flooring, vanities, cabinets, countertops, and fixtures, as well as a new Goodman AC and Furnace system. The property features four overhead doors, 3-phase power, and two kitchen/common areas. Suite A offers 8,000 square feet and a 5-ton overhead crane. Suite B provides 5,540 square feet, Suite C has 2,736 square feet, and Suite D, which is currently occupied, is 1,992 square feet. All suites have their own overhead door. The space is continuous, with a total of 17,500 square feet currently available for lease or end user. The property is located on a 0.57-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JJC Excavating Excavating Contractor

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.380836
    Latitude
    40.173008

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    FAQs

    What type of property is this?
    Flex space - Multi-tenant industrial property with recent upgrades and flexible space.
    Where is this flex space located?
    The property is located at 2401 S Monroe St Muncie, IN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Over 17,500 sq ft of leasable space, ideal for end-users or investors.; - Significant recent upgrades including new roof, paint, flooring, vanities, cabinets, countertops, fixtures, and HVAC system.; - Zoned for light industrial use with 3-phase power and four overhead doors.
    (317) 564-7100
    Request Owner's contact information
    2401 S Monroe St Muncie, IN 47302
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    Muncie, IN 47302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2401 S Monroe St Muncie, IN 47302
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