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Remodeled Mixed-Use Building For Sale
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110 S Walnut St, Muncie, IN 47305

Three-story, 18,000+ SF building in downtown Muncie, Indiana.

Property Size24,645 SF
Price / SF$53.76
Days on Market193

Property Features for 110 S Walnut St

General Information

Standard status Active
Size 24,645 SF
Class B
Property subtype Mixed Use
Zoning Central Business
Investment Type Stabilized
Net Operating Income $127,590

Building Details

Year Built 1880
Year Renovated 2020
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: ADM Commercial Real Estate
Listed By: Lisa Brand · License #IN RB14020834
Source: Crexi
Added: Jan 30 Changed: Aug 8 Last Checked: Jul 16 at 9:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADM Commercial Real Estate

Investment Insights

Based on property information with market context.

This distinctive three-story building, featuring an Italian-style design, is located in downtown Muncie, Indiana. Originally constructed in 1880, the property has been fully remodeled and offers over 18,000 square feet of leasable space. The building is currently near full occupancy. The primary level is designed for retail use, while the second and third levels accommodate both office and retail spaces. The property has a total size of 24,645 square feet and is recognized as one of Muncie’s notable historical buildings.

Key Highlights

  • Fully remodeled, distinctive 3‑story Italian‑style building.
  • Prime downtown location.
  • Near full occupancy.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Pharmacy Cafe & Coffee Shop Dental Office Parking Lot & Garage Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,195
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story, 18,000+ SF building in downtown Muncie, Indiana.
Where is this mixed-use property located?
The property is located at 110 S Walnut St Muncie, IN.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Fully remodeled, distinctive 3‑story Italian‑style building.; Prime downtown location.; Near full occupancy.
(765) 749-0665 Call to check price and availability
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