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    McGalliard Road Retail Opportunity Title is generated by Realmo AI

    705 E McGalliard Road, Muncie, IN 47303

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    Claim this Listing
    For Sale
    $450,000

    Retail - Muncie, IN

    Type:Retail
    Lot size:
    0.75 Acres
    Added:
    Jul 30, 2025
    Days on Market:
    315
    Last Refresh:
    Jun 9 at 5:06 pm

    Property Features for 705 E McGalliard Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    BV and R3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Interior features
    Drywall, Living Space
    Exterior features
    Living Space
    Standard status
    Active
    APN
    18-11-03-178-005.000-003
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7400
    Expense value
    256
    Expense
    Other

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1954
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Vinyl
    Roof type
    Asphalt
    Architectural style
    Other

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    Listing Contact
    Brian Allardt
    Brian Allardt

    Listing agent Brian Allardt License #RB14013784

    Listing office Coldwell Banker Real Estate Group 400 N High St. Suite 110 (Broker: Adam Ertel), Muncie, IN

    Listing date Jul 30, 2025

    MLS# 202529957 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.

    HighLights

    • Prime redevelopment parcel with McGalliard Road frontage.
    • Billboard generates $3500 in annual income.
    • Located across from the soon‑to‑be redeveloped Muncie Mall.
    • .75 acre lot consisting of 4 lots.
    • Two residential rental properties included, each leased at $1000/month.
    • Option to purchase frontage lots without rental properties for $250,000.

    Overview

    This property features frontage on McGalliard Road and comprises a 0.75-acre lot. It includes billboard income and presents a prime redevelopment opportunity, situated adjacent to and across from multiple retail uses. The property is located across from the Muncie Mall, which is under new ownership and slated for redevelopment. The site consists of four lots, with the two front lots on McGalliard being vacant except for a billboard that generates $3,500 in annual income. The two rear lots are located on Dunn Ave and each lot has a residential rental property. Each house is leased at $1000 a month. The zoning is BV and R3. The front lots on McGalliard can be purchased separately for $250,000 without the rental properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.378533
    Latitude
    40.218721

    FAQs

    What type of property is this?
    Retail space - 0.75 acre lot with billboard income and redevelopment potential.
    Where is this retail space located?
    The property is located at 705 E McGalliard Road Muncie, IN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime redevelopment parcel with McGalliard Road frontage.; Billboard generates $3500 in annual income.; Located across from the soon‑to‑be redeveloped Muncie Mall.
    More about this property
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