Retail Space at Village
For Lease
$10 SF/Yr
1520 W North Street, Muncie, IN 47303
COMMERCIAL FOR LEASE, Muncie, IN
Space Size2,200 SF
Lot Size0.15 Acres
Days on Market48
Property Features for 1520 W North Street
General Information
Property type
Residential
Property subtype
Retail
Parking features
Off Street
Directions
Heading South on Tillotson, turn left onto University Ave, turn right onto Dicks Street, then Right on North Street. Space is on the right.
Subdivision
Delaware County
Standard status
Active
APN
18-11-09-310-006.000-003
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
51
Tax Description
H C M ADD Lot 11 BLK 8 STR: 092010
Tax Annual Amount
3932
Legal Description
H C M ADD Lot 11 BLK 8 STR: 092010
Utilities
Cooling system
Central Air
Building Details
Year built
2015
Roof type
Flat
Listing Agency:
Coldwell Banker Real Estate Group
(765) 289-2228
Listed By:
Jacob Wagner · License #RB23000239
(317) 448-8852
Added: Jul 16
Changed: Aug 26
Last Checked: Sep 1 at 12:06PM
MLS# 202628510
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Available for lease at Village Promenade, this 2,200-square-foot retail space was built in 2015 and offers a practical setting for customer-oriented commercial operations. The property includes central air, off-street parking, and a flat roof, with the space positioned within The Village at Ball State University.
The property is located at 1520 W. North Street in Muncie and sits adjacent to Ball State University's “Revitalizing the Village” initiative. New townhomes and single-family homes are under construction nearby as part of the surrounding district's continued development. The setting serves students, faculty, residents, and visitors, with potential applications identified in the source information including retail, restaurant, service, and professional office uses.
The property is located at 1520 W. North Street in Muncie and sits adjacent to Ball State University's “Revitalizing the Village” initiative. New townhomes and single-family homes are under construction nearby as part of the surrounding district's continued development. The setting serves students, faculty, residents, and visitors, with potential applications identified in the source information including retail, restaurant, service, and professional office uses.
Key Highlights
- 2,200‑square‑foot retail space available for lease
- Built in 2015 with a flat roof
- Located within Village Promenade in The Village at Ball State University
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
Jimmy John's
Dining
3,812 visits/mo
0.1 miles
Greek's Pizzeria
Dining
3,494 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
3,187 visits/mo
0.1 miles
China Express
Dining
2,639 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
1,180 visits/mo
0.3 miles
Demographics for 47303, IN
24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value
Market
Lease Benchmarks for Muncie, IN
$13.12 /SF/Yr
Avg Asking Price
$9.6–$20 /SF/Yr
Price Range
7,659 SF
Avg Space Size
This space is priced 24% below the average of $13.12 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Central air and off-street parking support commercial use within a mixed-use district serving the Ball State University area.
Where is this retail space located?
The property is located at 1520 W North Street Muncie, IN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 2,200‑square‑foot retail space available for lease; Built in 2015 with a flat roof; Located within Village Promenade in The Village at Ball State University
