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    110 E Charles Street Muncie, IN 47305

    Sponsored
    Source: https://www.cbcworldwide.com
    For Sale
    $1,200,000

    98,446 SF Downtown Muncie Indiana Office or Redevelopment Opportunity

    Property size:
    98,446 SF

    Description

    Added:
    Apr 9, 2025
    Days on Market:
    272
    Downtown Muncie Indiana office or redevelopment opportunity--two buildings with over 63,000 sq ft and land area of 2+ acres. Conveniently located near many restaurants and retail in the revitalized and active downtown market. Large growing residential populationin new and converted buildings. Building one is located at 110 E Charles St and has over 47,000 sq ft on three floors including a finished basement level. Built in 1964, this property has 2 elevators with a lobby area open to the mezzanine (level 2). There is a large asphalt parking lot which provides plenty of off street parking. Building two is located at 115 E Adams St with almost 16,000 square feet on two levels, including executive office space, meeting and training rooms.

    Property Features for 110 E Charles Street

    General Information

    Sale Condition
    redevelopment-project
    Property type
    Other office properties
    Square Feet
    98,446 SF
    Elevators
    Yes
    Lot Size
    98,446 SF

    Building Details

    Year Built
    1964
    Buildings
    2
    Stories
    2
    Location Intelligence

    Current Use by Public Records

    Northwest Bank Mortgage Lender Andrew R. Bloch Lawyer Buckles Jack E Attorney Mutual Risk Advisors Consultant Updike J Phillip Lawyer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    State
    Indiana
    Longitude
    -85.385776
    Latitude
    40.191361

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    FAQs

    What type of property is this?
    Office property - 98,446 SF Downtown Muncie Indiana Office or Redevelopment Opportunity
    Where is this office property located?
    The property is located at 110 E Charles Street Muncie, IN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (765) 808-1400
    Request Owner's contact information
    110 E Charles Street Muncie, IN 47305
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    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
    110 E Charles Street Muncie, IN 47305
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