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Versatile Retail Space
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1606 1/2 W University Avenue, Muncie, IN 47304

Upper-level space near BSU campus offers a flexible layout for retail, office, or personal-service use.

Space Size1,538 SF
Days on Market10

Property Features for 1606 1/2 W University Avenue

General Information

Standard status Active
Size 1,538 SF
Net Rentable 1,538 SF
Property subtype Special Purpose, Retail, Office

Space & Availability

Available Space 1,538 SF
Contiguous Space 1,538 SF
Space Use Retail

Spaces For Lease

at 1606 1/2 W University Avenue Contact us

#1

Size
1,538 SF
Availability
Active
Contact us
Listing Agency: Kramer Real Estate Group
Listed By: Ryan Kramer · License #RB14042267
Source: Crexi
Added: Aug 27 Changed: Sep 4 Last Checked: Sep 4 at 2:20PM

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 Kramer Real Estate Group

Investment Insights

Based on property information with market context.

This approximately 1,538-square-foot retail space occupies the upper level above The Cup Coffee shop in The Village area. Its adaptable layout supports a range of commercial configurations, with the space most recently used as a tattoo studio.

The property is near the BSU campus and along W University Avenue in Muncie. The existing layout may accommodate retail, office, barbershop, or beauty shop operations, subject to applicable requirements.

Key Highlights

  • Approximately 1,538 square feet of upper‑level commercial space
  • Located above The Cup Coffee shop
  • Near BSU’s campus in The Village area

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service HVAC Service Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

950
Businesses Nearby

Demographics for 47304, IN

30,366
Population
14,303
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
875
Density / Sq Mi
$67,756
Median Household Income
$33,077
Median Earnings
$951
Median Rent
$161,700
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

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?
Retail space - Upper-level space near BSU campus offers a flexible layout for retail, office, or personal-service use.
Where is this retail space located?
The property is located at 1606 1/2 W University Avenue Muncie, IN.
What are key features of this property?
This property features: Approximately 1,538 square feet of upper‑level commercial space; Located above The Cup Coffee shop; Near BSU’s campus in The Village area
(765) 717-2489 Call to check price and availability
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