Search
Two-Story Office Building
For Sale
$114,000

119 S Liberty St, Muncie, IN 47305

First-floor office suite offers three offices, a waiting area, and a half bath with leased month-to-month space.

Property Size1,538 SF
Price / SF$74.12
Days on Market97

Property Features for 119 S Liberty St

General Information

Standard status Active
Size 1,538 SF

Building Details

Year Built 1896
Stories 2
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Source: Kmsrealestategroup
Added: Jul 24 Changed: Oct 25 Last Checked: Oct 7 at 1:00PM

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 Coldwell Banker Real Estate Group

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story office building includes a first-floor office space configured with three rooms/offices, a waiting area, and a half bath. The first floor is currently leased on a month-to-month basis, while the second floor is unfinished.

The property offers asphalt parking and a garage and is located in downtown Muncie. An adjacent building at 400 W Jackson St. is expected to be listed soon and may be packaged together, subject to agent details.

Overall, the building provides a finished leased office level and an unfinished second floor for future build-out or expansion.

Key Highlights

  • Downtown Muncie office building built in 1896
  • First floor includes 3 offices, a waiting area, and a half bath
  • First‑floor office space is currently leased for $650/month on a month‑to‑month basis

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mitch Pippin Atty ... Law Firm

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Storage Facility Florist

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

1,200
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - First-floor office suite offers three offices, a waiting area, and a half bath with leased month-to-month space.
Where is this office unit located?
The property is located at 119 S Liberty St Muncie, IN.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Downtown Muncie office building built in 1896; First floor includes 3 offices, a waiting area, and a half bath; First‑floor office space is currently leased for $650/month on a month‑to‑month basis
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
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
Why this one?
Saved