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

1708 W University Avenue, Muncie, IN 47303

SINGLE_FAMILY - Muncie, IN

Space SizeContact for details
Lot Size0.38 Acres
Days on Market49

Property Features for 1708 W University Avenue

General Information

Property type Residential
Property subtype Retail
Directions Heading North on Tillotson Ave, turn right onto University Ave, cross McKinley Ave, property located on the left
Subdivision Delaware County
Standard status Active
APN 18-11-08-434-014.000-003
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 51
Tax Description UNIVERSITY ADD E 38 FT OF LOT 11 0.0000Acres STR: 082010 IN: OUT
Tax Annual Amount 6883
Legal Description UNIVERSITY ADD E 38 FT OF LOT 11 0.0000Acres STR: 082010 IN: OUT

Utilities

Cooling system Central Air

Building Details

Year built 1986
Flooring type Tile
Roof type Shingle
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Jacob Wagner · License #RB23000239
Added: Jun 30 Changed: Jul 6 Last Checked: Aug 17 at 4:06AM
MLS# 202625874

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.

1708 W University Avenue offers approximately 1,300 square feet of retail space designed for customer-facing use. The tenant area includes an outdoor patio that can support additional seating or customer space, which can be useful for both retail concepts and conventional restaurant operations.

The space is located in The Village adjacent to Ball State University, benefiting from vehicle and pedestrian traffic generated by the university, nearby businesses, and surrounding residential neighborhoods. Additional nearby redevelopment activity includes a new Cantio Hotel and the university’s new performing arts center, both nearing completion.

This location can work well for operators seeking a Village retail or restaurant environment with direct outdoor seating options and consistent foot traffic tied to the university and area businesses. The patio provides flexibility for concepts that benefit from an expanded customer experience beyond the interior space.

Key Highlights

  • Approximately 1,300 SF retail space at 1708 W University Ave in The Village near Ball State University
  • Outdoor patio included for additional customer seating or space
  • Central air cooling

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

1,172
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Marathon Petroleum Shops & Services
5,212 visits/mo 0.5 miles
Phillips 66 Shops & Services
4,050 visits/mo 0.2 miles
STAR Financial Bank Shops & Services
3,063 visits/mo 0.2 miles
Merchants Bank Shops & Services
2,949 visits/mo 0.4 miles
Northwest Bank Shops & Services
1,935 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

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Retail suite with outdoor patio, positioned near university-driven activity and surrounding Village businesses.
Where is this retail space located?
The property is located at 1708 W University Avenue Muncie, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Approximately 1,300 SF retail space at 1708 W University Ave in The Village near Ball State University; Outdoor patio included for additional customer seating or space; Central air cooling
More about this property
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