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Downtown Muncie Commercial Building
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225 N High Street, Muncie, IN 47305

20,000 sq ft building with parking in downtown Muncie.

Property Size20,000 SF
Price / SF$47.25
Days on Market153

Property Features for 225 N High Street

General Information

Standard status Active
Size 20,000 SF
Property subtype Special Purpose

Building Details

Year Built 1928
Listing Agency: Coldwell Banker Commercial Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Source: Crexi
Added: Feb 28 Changed: Jul 6 Last Checked: Jul 30 at 12:05PM

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 Commercial Real Estate Group

Investment Insights

Based on property information with market context.

A 20,000 sq ft two-story commercial building, originally constructed in 1928 as an automotive dealership and later redeveloped into the "Federal Building," is available for sale. The property includes three parking lots with 50 parking spaces. It is located in downtown Muncie, across from City Hall and adjacent to the proposed High Pointe Station Development Opportunity. The property can be redeveloped or continue to be leased as office space. The building features a passenger elevator, two sets of commercial restrooms, and two sets of stairwells. Currently, there are five leased tenant spaces, plus parking space leases. This offering includes four parcels.

Key Highlights

  • Prime downtown location across from City Hall and adjacent to proposed High Pointe Station Development.
  • 20,000 sq ft 2‑story commercial building with redevelopment or continued leasing potential.
  • Includes 3 parking lots with 50 parking spaces.

Property Analytics

Current Use

Five Star Driver ... Training Center Ronald K Smith Law Firm Alan K Wilson ... Law Firm Anthony Wayne Services Employment Agency Jackson & Oglesby Law ... Law Firm

Suggested Use

Top Pick Pharmacy Storage Facility Dental Office Furniture & Home Goods Bakery Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

1,144
Businesses Nearby

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

Market

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?
Office building - 20,000 sq ft building with parking in downtown Muncie.
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: Prime downtown location across from City Hall and adjacent to proposed High Pointe Station Development.; 20,000 sq ft 2‑story commercial building with redevelopment or continued leasing potential.; Includes **3 parking lots with 50 parking spaces.**
(765) 808-1400 Call to check price and availability
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