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Operational Manufacturing Property
For Sale
$139,900

313 W 5th Street, Muncie, IN 47302

COMMERCIAL, Muncie, IN

Property SizeContact for details
Lot Size0.78 Acres
Days on Market94

Property Features for 313 W 5th Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Offsite
Fencing Chain Link
Lot features City
Directions GPS friendy
Subdivision Delaware County
Standard status Active
APN 181116430007000003
Lot size 0.78 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S P A E 140FT LOT 1 BLK 6
Tax Annual Amount 1428
Legal Description S P A E 140FT LOT 1 BLK 6

Utilities

Cooling system Multi Units, Central Air

Building Details

Year built 1900
Flooring type Mixed
Roof type Asphalt, Metal, Shingle
Listing Agency: RE/MAX Real Estate Groups · RE/MAX International
Listed By: Lisa Buckner · License #RB14050240
Added: May 29 Changed: Aug 28 Last Checked: Aug 30 at 1:06AM
MLS# 202620590

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.

This manufacturing property combines an operating machine shop with several supporting improvements. The site includes a separate 2-bedroom, 1-bath rental home with an unfinished attic, along with a pole barn suited to storage. The property is fenced with chain-link fencing and includes mixed flooring, central air, and multi-unit cooling. Built in 1900, the property occupies 0.78 acres and includes a basement.

Located near downtown Muncie, the property offers a combined commercial and residential configuration. Its existing machine-shop use and separate dwelling support an owner-user arrangement with on-site living, while the pole barn adds additional covered space for storage or operational needs.

Key Highlights

  • Operating machine shop on a 0.78‑acre property
  • Separate 2‑bedroom, 1‑bath rental home with unfinished attic
  • Additional pole barn for storage

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Big Box & Wholesale Store Food Market Furniture & Home Goods

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

2
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Working machine shop with a separate rental dwelling, pole barn, fencing, and outdoor commercial space.
Where is this manufacturing property located?
The property is located at 313 W 5th Street Muncie, IN.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Operating machine shop on a 0.78‑acre property; Separate 2‑bedroom, 1‑bath rental home with unfinished attic; Additional pole barn for storage
More about this property
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