Operating Machine Shop & Rental
For Sale
$149,000
313 W 5th Street, Muncie, IN 47302
COMMERCIAL, Muncie, IN
Property SizeContact for details
Lot Size0.78 Acres
Days on Market87
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
Metal, Asphalt, Shingle
Listing Agency:
RE/MAX Real Estate Groups · RE/MAX International
(765) 288-0400
Listed By:
Lisa Buckner · License #RB14050240
(765) 215-9665
Added: May 29
Changed: Aug 19
Last Checked: Aug 23 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 property at 313 W 5th Street in Muncie includes an operating machine shop building. Public remarks indicate the shop has been operating since the early 1900s, serving as Kemp Machine Shop and later BK Machine Shop, and the machine shop remains operational today.
The site also includes an additional pole barn and fenced grounds with ample parking and outdoor space, providing room for storage or expansion. A separate 2-bedroom, 1-bath rental home with an unfinished attic is included as well.
Set on approximately 0.78 acres, the combination of an active industrial use and an additional residential rental component supports a live-work style setup where business operations and rental income are both on the same property.
The site also includes an additional pole barn and fenced grounds with ample parking and outdoor space, providing room for storage or expansion. A separate 2-bedroom, 1-bath rental home with an unfinished attic is included as well.
Set on approximately 0.78 acres, the combination of an active industrial use and an additional residential rental component supports a live-work style setup where business operations and rental income are both on the same property.
Key Highlights
- Working machine shop on the property, with history dating to the early 1900s
- Separate 2‑bedroom, 1‑bath rental home with an unfinished attic
- Additional pole barn for storage or expansion
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
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 Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Includes an operating machine shop, pole barn storage, fenced grounds, and a 2-bedroom rental home.
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 $149,000.
What are key features of this property?
This property features: Working machine shop on the property, with history dating to the early 1900s; Separate 2‑bedroom, 1‑bath rental home with an unfinished attic; Additional pole barn for storage or expansion
