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Retail Space with Patio
New
For Lease
$20 SF/Yr

1708 W University Ave, Muncie, IN 47303

Retail premises beside Ball State University with vehicle and pedestrian activity from campus, businesses, and nearby residential areas.

Space Size1,300 SF
Days on Market7

Property Features for 1708 W University Ave

General Information

Standard status Active
Size 1,300 SF
Net Rentable 1,300 SF

Space & Availability

Available Space 1,300 SF
Contiguous Space 1,300 SF
Space Use Retail

Amenities

outdoor patio

Building Details

Year Built 1986
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Jacob Wagner · License #RB23000239
Source: Kmsrealestategroup
Added: Aug 23 Changed: Aug 28 Last Checked: Aug 28 at 4:00PM

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

Investment Insights

Based on property information with market context.

This retail space at 1708 W University Ave includes an outdoor patio that can accommodate additional seating or customer space. The property was built in 1986 and is positioned for retail or restaurant use within The Village.

The site is adjacent to Ball State University and receives vehicle and pedestrian activity associated with the campus, nearby businesses, and surrounding residential neighborhoods. It also sits next to the Cantio Hotel and Ball State’s new performing arts center, both nearing completion as part of campus and Village redevelopment. The setting combines established university-area activity with nearby new development.

Key Highlights

  • Outdoor patio provides additional seating or customer space
  • Adjacent to Ball State University
  • Vehicle and pedestrian activity from campus, businesses, and nearby residential neighborhoods

Property Analytics

Current Use

Vintage BSU Clothing Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Auto Parts Store HVAC Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,225
Businesses Nearby
16k
Monthly Visits Nearby

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 0.2 miles
China Express Dining
2,639 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
1,180 visits/mo 0.4 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

$13.06 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
12,491 SF
Avg Space Size

This space is priced 53% above the average of $13.06 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail premises beside Ball State University with vehicle and pedestrian activity from campus, businesses, and nearby residential areas.
Where is this retail space located?
The property is located at 1708 W University Ave Muncie, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Outdoor patio provides additional seating or customer space; Adjacent to Ball State University; Vehicle and pedestrian activity from campus, businesses, and nearby residential neighborhoods
More about this property
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