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Two-Story Office Building
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119 S Liberty Street, 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 Market43

Property Features for 119 S Liberty Street

General Information

Standard status Active
Size 1,538 SF
Total Parking Spaces 9
Property subtype Special Purpose
Zoning cb
Lease Type Gross

Building Details

Year Built 1896
Buildings 1
Stories 2
Units 1
Tenancy Single
Listing Agency: Coldwell Banker Commercial Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Source: Crexi
Added: Jul 22 Changed: Aug 21 Last Checked: Aug 30 at 11:31PM

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 Commercial Real Estate Group

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

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

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?
Office units - First-floor office suite offers three offices, a waiting area, and a half bath with leased month-to-month space.
Where is this office units located?
The property is located at 119 S Liberty Street 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
(765) 808-1400 Call to check price and availability
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