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    418 Adams St Muncie, IN 47305

    Sponsored
    For Sale
    $350,000

    Historic Charm, Versatile Space, High Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 0.75-acre commercial property at 418 W Adams Street, Muncie, Indiana, presents a unique investment opportunity. The building, boasting beautiful architecture and a stone exterior, is meticulously maintained and offers a multitude of potential uses. A new roof was installed in 2016, ensuring long-term durability. The interior features a versatile layout ideal for various commercial ventures. A large sanctuary, capable of holding approximately 250 people, is expandable via a removable wall. The property also includes a fully equipped commercial kitchen, multiple restrooms, a library, classrooms, studies, and an administrative office. Additional amenities include an elevator, three central air/heat pump units, and two boiler systems for efficient climate control. A large east room, complete with a kitchenette and commercial freezers, is perfect for meetings or events. Currently used as a church, this property is well-suited for a religious organization seeking a new home, or for adaptive reuse as office space or apartments. Its prime location near downtown Muncie in a historic neighborhood, combined with its extensive amenities, makes this a highly attractive investment opportunity. The asking price is $350,000.

    Property Features for 418 Adams St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    32,670 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Friends Memorial Church Church DRTC Advisors Alcoholism Treatment Program Pencil Pack Tutoring Tutoring Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.39066
    Latitude
    40.19229

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Charm, Versatile Space, High Potential
    Where is this commercial real estate located?
    The property is located at 418 Adams St Muncie, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    (765) 288-0400
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    418 Adams St Muncie, IN 47305
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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
    418 Adams St Muncie, IN 47305
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