Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4801 N Wheeling Ave Muncie, IN 47304

    Sponsored
    For Sale
    $395,000

    Retail - Muncie, IN

    Type:Retail
    Lot size:
    0.55 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 9 at 12:06 pm

    Property Features for 4801 N Wheeling Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Office
    Bathrooms
    1
    APN
    18-07-32-203-013.000-003
    Parking
    20
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Drywall, None
    Exterior features
    None
    Lot size
    0.55 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    1
    Flooring type
    Carpet, Tile
    Building materials
    Brick
    Architectural style
    Other

    Coldwell Banker Lunsford (765) 289-2228 [email protected]

    Listing agent Brian Allardt (765) 289-2228 License #RB14013784

    Listing date Jan 5, 2026

    MLS# 202600328 Listing URL

    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.

    Overview

    Muncie Retail Building For Sale

    This versatile 1,600 SQFT commercial building is available for sale or lease. The property features a drive-thru, prominent outdoor signage, ample parking, and a vault. Its flexible layout is well-suited for retail, office, or food service use. The building is situated in a Major Trading Zone, offering great visibility and easy access. Originally built as a bank branch, it most recently served as a USPS substation known as "The Mailroom". The property is an out lot to a shopping center that includes Dilman's Furniture, Dollar General, and Speedway. The lot size is 0.55 acres and is located in Muncie, Delaware County, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.410996
    Latitude
    40.23261

    Nearby Similar for Sale

    • $599,900
      Pending

      Remodeled Mixed-Use Building in Downtown

      Remodeled mixed-use building with commercial space and luxury apartment.
      114 S Walnut St, Muncie, IN 47305
      View Details
    • $1,100,000
      Pending

      Downtown Muncie Office Opportunity

      Two buildings in revitalized downtown Muncie near amenities.
      110 E Charles St, Muncie, IN 47305
      View Details
    • New
      $109,900
      Pending

      Muncie Duplex: Income Opportunity

      Income-producing duplex in Muncie with long-term tenants.
      2413 S Gharkey St, Muncie, IN 47302
      View Details
    • $895,000
      2.50 Acres

      Muncie Investment Property in Airpark

      Investment property with long-term tenants in Muncie, Indiana.
      404 W Air Park Dr, Muncie, IN 47303
      View Details
    • $249,000
      0.36 Acres

      Historic Retail Property in Muncie

      Meticulously maintained historic property suitable for retail or multifamily use.
      607 E Charles St, Muncie, IN 47305
      View Details
    • $142,000
      Pending

      Muncie Duplex with Studio

      Duplex featuring a three-bedroom unit and a studio.
      218 E 8Th St, Muncie, IN 47302
      View Details
    • $169,900
      2,672 SF

      Muncie Triplex with Fenced Yard

      Triplex in Muncie, Indiana, featuring a fenced backyard.
      1901 W Riggin Rd, Muncie, IN 47304
      View Details
    • $169,900
      2,672 SF

      Muncie Multi-Unit Residential Property

      Multi-unit residential property featuring three units and a two-car garage.
      1901 W Riggin Rd, Muncie, IN 47304
      View Details
    • $579,000
      19,800 SF

      Muncie Industrial Multi-Tenant Property

      Multi-tenant industrial property with recent upgrades and flexible space.
      2401 S Monroe St, Muncie, IN 47302
      View Details
    • $88,900
      0.07 Acres

      Muncie Duplex with Basement Potential

      Muncie duplex with basement, offering potential for additional units.
      202-204 E Maple St, Muncie, IN 47305
      View Details
    • $74,900
      Pending

      Muncie Office/Daycare Opportunity

      Versatile building suitable for office or daycare in downtown Muncie.
      911 W Jackson St, Muncie, IN 47305
      View Details
    • $3,950,000
      18.46 Acres

      Muncie Industrial Facility on 18+ Acres

      Well-maintained industrial property with heavy power and ample parking.
      3401 W 8Th St, Muncie, IN 47302
      View Details

    FAQs

    What type of property is this?
    Storefront property - 1,600 SQFT commercial building with drive-thru, ample parking.
    Where is this storefront property located?
    The property is located at 4801 N Wheeling Ave Muncie, IN.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Prime location in a Major Trading Zone with great visibility and easy access.; - Versatile 1,600 SQFT building suitable for retail, office, or food service.; - Features a drive-thru, prominent outdoor signage, and ample parking.
    (765) 289-2228
    Request Owner's contact information
    4801 N Wheeling Ave Muncie, IN 47304
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4801 N Wheeling Ave
    Muncie, IN 47304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4801 N Wheeling Ave Muncie, IN 47304
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.