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Flex Space with Overhead Door

2400 S Madison Street, Muncie, IN 47302

For Sale
New
$215,000

COMMERCIAL, Muncie, IN

Property SizeContact for details
Lot Size0.34 Acres
Days on Market1

Property Features for 2400 S Madison Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Limited Industrial
Parking features Off Street
Subdivision Fair Lawn / Fairlawn
Directions Madison to 17th SE corner
Standard status Active
APN 18-11-22-179-001.000-003
Lot size 0.34 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 25
Tax Description Fairlawn Addition Lots 14,15,16
Tax Annual Amount 1413
Legal Description Fairlawn Addition Lots 14,15,16

Utilities

Cooling system Wall Unit(s)

Building Details

Year built 1945
Flooring type Concrete
Roof type Metal
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Brian Allardt · License IN RB14013784
Added: Nov 10 Last Checked: Nov 10 at 6:06PM
MLS# 202646224

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.

Rey
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Investment Insights

Based on property information with market context.

This block-construction flex property includes a small office, two restrooms and a concrete floor with a drain. Its overhead door measures 14 feet by 14 feet, and the ceiling reaches 15 feet 2 inches. The metal roof and off-street parking round out the building features. A wall unit provides cooling.

The 0.34-acre site fronts South Madison Street, with 120 feet along Madison and a depth of 125 feet on 17th Street. Limited Industrial zoning applies. The property is leased month to month. Electrical service is single phase, with an additional panel for potential three-phase use.

Key Highlights

  • 14‑foot‑by‑14‑foot overhead door and 15‑foot‑2‑inch ceiling height
  • 0.34‑acre site with 120 feet of Madison Street frontage and 125 feet of depth on 17th Street
  • Limited Industrial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lizco Construction Services Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Spa & Massage Center Hair Salon

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

15 ft
Clear height
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47302, IN

25,704
Population
12,625
Households
2
Avg Household Size
42
Median Age
12%
College-Educated
86%
High-School Grad
65.2 sq mi
ZIP Area
394
Density / Sq Mi
$47,185
Median Household Income
$31,795
Median Earnings
$865
Median Rent
$70,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Flex space in Delaware County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Storie's catering — 2103 S Grant St, Muncie, IN 47302

Frequently Asked Questions

What type of property is this?
Flex space - Limited Industrial zoning, two restrooms and a compact office complement the warehouse-oriented layout.
Where is this flex space located?
The property is located at 2400 S Madison Street Muncie, IN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 14‑foot‑by‑14‑foot overhead door and 15‑foot‑2‑inch ceiling height; 0.34‑acre site with 120 feet of Madison Street frontage and 125 feet of depth on 17th Street; Limited Industrial zoning
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