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Medical Office with Apartment
New
For Sale
$575,000

3400 W Purdue Avenue, Muncie, IN 46703

COMMERCIAL, Muncie, IN

Property Size4,802 SF
Lot Size0.50 Acres
Price / SF$119.74
Days on Market2

Property Features for 3400 W Purdue Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Lot features Commercial
Directions GPS Friendly address
Subdivision Delaware County
Standard status Active
APN 07-31-42-602-400.000-000
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 25
Tax Description NORTH LYNDENBROOK PLACE SEC 2 0.0000Acres STR: 312110 IN: 52 OUT:
Tax Annual Amount 8904
Legal Description NORTH LYNDENBROOK PLACE SEC 2 0.0000Acres STR: 312110 IN: 52 OUT:

Utilities

Cooling system Central Air

Amenities

patient lobby
reception area
examination rooms
X-ray room
conference room
break area with kitchenette

Building Details

Year built 1987
Flooring type Laminate, Carpet, Mixed
Roof type Shingle
Listing Agency: Corporate Commercial Group
Listed By: Santino Zurzolo · License #RB23001926
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 9:06PM
MLS# 202642931

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 4,802-square-foot medical and professional office property occupies a 0.5-acre site and was built in 1987. Its clinical layout includes a patient waiting area, reception, multiple exam rooms with built-in cabinetry and handwashing sinks, and an X-ray room with radiation-shielded doors. Additional space includes a conference room and an employee break area with kitchenette. A one-bedroom, one-bathroom apartment is located on the second level; any use is subject to applicable zoning and occupancy requirements.

The building is within an established professional office park with medical practices, executive office suites, and other businesses nearby. Retail, dining, and hotel amenities are also in the surrounding area.

Key Highlights

  • 4,802‑square‑foot building on a 0.5‑acre site
  • Built in 1987
  • Exam rooms feature built‑in medical cabinetry and handwashing sinks

Property Analytics

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Current Use

Cardinal Foot and Ankle Physician Tod Reed Physician

Suggested Use

Top Pick Garden Center Kitchen & Bath Showroom Electrical Service Carpet & Flooring Store Storage Facility Daycare Center

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

568
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46703, IN

18,837
Population
9,755
Households
1.9
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
121.1 sq mi
ZIP Area
156
Density / Sq Mi
$69,940
Median Household Income
$31,554
Median Earnings
$892
Median Rent
$221,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • ARF's PAW Veterinary Clinic — 3115 W Bethel Ave, Muncie, IN 47304

Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing clinical improvements include examination rooms, a shielded X-ray room, and a separate upper-level residence.
Where is this medical office space located?
The property is located at 3400 W Purdue Avenue Muncie, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 4,802‑square‑foot building on a 0.5‑acre site; Built in 1987; Exam rooms feature built‑in medical cabinetry and handwashing sinks
More about this property
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