Office Building with
New
For Sale
$945,000
225 N High Street, Muncie, IN 47305
Five tenant spaces and parking areas are currently leased within this multi-tenant commercial property.
Property Size20,000 SF
Price / SF$47.25
Days on Market5
Property Features for 225 N High Street
General Information
Standard status
Active
Size
20,000 SF
Total Parking Spaces
50
Elevators
Yes
Property subtype
Commercial
Zoning
Business and Commercial zoning
Additional Details
Office Units
5
Tenant in Place
Yes
Property Use
Office
Building Details
Year Built
1928
Buildings
1
Stories
2
Building Size
20,000 SF
Tenancy
Multi
Listing Agency:
Coldwell Banker Real Estate Group
Listed By:
Brian Allardt · License #RB14013784
(765) 808-1400
Source:
Castleonerealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 5:37PM
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
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Investment Insights
Based on property information with market context.
This two-story office property contains 20,000 square feet across four parcels and was constructed in 1928. Its earlier use was as an automotive dealership; it was later converted to office space for federal and local tenants. Building features include a passenger elevator, two commercial restroom groups, and two stairwells. Five tenant spaces are leased, along with parking spaces. Business and Commercial zoning applies.
Three parking lots provide a total of 50 spaces. The property sits across from City Hall in downtown Muncie and next to the proposed High Pointe Station development.
Three parking lots provide a total of 50 spaces. The property sits across from City Hall in downtown Muncie and next to the proposed High Pointe Station development.
Key Highlights
- 20,000‑square‑foot, two‑story office building built in 1928
- Three parking lots with 50 spaces
- Four parcels
Property Analytics
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Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,144
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Five tenant spaces and parking areas are currently leased within this multi-tenant commercial property.
Where is this office building located?
The property is located at 225 N High Street Muncie, IN.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 20,000‑square‑foot, two‑story office building built in 1928; Three parking lots with 50 spaces; Four parcels
