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Downtown Parking Lot Opportunity
For Sale
Contact for pricing
Pending

220 W Washington St, Muncie, IN 47305

Three downtown parking parcels are offered for sale, with addresses on W Washington and N Franklin Streets.

Property SizeContact for details
Days on Market141

Property Features for 220 W Washington St

General Information

Standard status Pending
Property subtype Hospitality, Land, Office
Listing Agency: Coldwell Banker Commercial Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Aug 28 at 11:54PM

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 offering includes three downtown parking lot parcels, with addresses of 220 W Washington, 216 W Washington, and 220 N Franklin St. The property is being presented as an opportunity to keep the lots operating as parking for a business and/or lease out spaces.

The parcels are located in the heart of a redevelopment area and near the new White River lofts, supporting continued parking demand while also providing an option to redevelop into housing or other commercial uses.

Prospective buyers can evaluate the existing parking lot configuration and the flexibility to maintain parking operations or pursue redevelopment plans consistent with their intended use.

Key Highlights

  • Three downtown parking parcels for sale: 220 W Washington, 216 W Washington, and 220 N Franklin St
  • Existing use includes parking lots that can be kept for ongoing business operations or leased spaces
  • Property offers redevelopment potential with housing or other commercial uses

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Dental Office Pharmacy Cafe & Coffee Shop 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

1,152
Businesses Nearby
Under-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • U-Haul Neighborhood Dealer 722 S Liberty St, Muncie, IN 47305

Frequently Asked Questions

What type of property is this?
Parking lot & garage - Three downtown parking parcels are offered for sale, with addresses on W Washington and N Franklin Streets.
Where is this parking lot & garage located?
The property is located at 220 W Washington St Muncie, IN.
What are key features of this property?
This property features: Three downtown parking parcels for sale: 220 W Washington, 216 W Washington, and 220 N Franklin St; Existing use includes parking lots that can be kept for ongoing business operations or leased spaces; Property offers redevelopment potential with housing or other commercial uses
(765) 808-1400 Call to check price and availability
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