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Multi-Tenant Office Units
For Sale
$199,900

3512 N Walnut St, Muncie, IN 47303

Two separately conditioned commercial areas provide flexible office, room-based, and customer-facing functionality.

Property Size2,160 SF
Price / SF$92.55
Days on Market26

Property Features for 3512 N Walnut St

General Information

Standard status Active
Size 2,160 SF

Site & Location

Corner Location Yes
Pylon Signage Yes

Amenities

paved parking
lighted pole sign
attached garage

Building Details

Year Built 1940
Buildings 1
Listing Agency: The Taflinger Real Estate Group
Listed By: Brad Taflinger · License #RB14018444
Source: Callcriswell
Added: Aug 14 Changed: Sep 8 Last Checked: Sep 7 at 12:32PM

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 The Taflinger Real Estate Group

Investment Insights

Based on property information with market context.

This office property at 3512 N Walnut St includes two distinct commercial areas with independent heating and air conditioning. The 1,432 SF front area contains a reception room, private office, kitchen, and open work area. A separate 638 SF rear area offers four private rooms, two vanities, a restroom, and its own entrance. The rear space was previously leased to a salon/spa tenant.

Site improvements include paved parking, a lighted pole sign, vinyl siding, vinyl windows, dimensional shingles, and two newer furnaces and AC units. An attached 18x30 garage is currently leased month-to-month. Three additional lots behind the building, along with a small storage building, are available for purchase and may provide added storage or expansion area.

Key Highlights

  • Two separate commercial areas totaling 2,070 SF
  • Front area includes reception, private office, kitchen, and open work area
  • Rear 638 SF area has four private rooms, two vanities, restroom, and separate entrance

Property Analytics

Current Use

Taflinger Group LLC Property Management Company Home Source Property ... General Contractor Lux Aesthetics, LLC Spa & Massage Center Green IV Home Health Care Service Brad Taflinger, REALTOR Real Estate Agency

Suggested Use

Top Pick Law Firm HVAC Service Real Estate Agency Daycare Center Veterinary Clinic Electrical Service

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

463
Businesses Nearby

Demographics for 47303, IN

24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
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?
Office units - Two separately conditioned commercial areas provide flexible office, room-based, and customer-facing functionality.
Where is this office units located?
The property is located at 3512 N Walnut St Muncie, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two separate commercial areas totaling 2,070 SF; Front area includes reception, private office, kitchen, and open work area; Rear 638 SF area has four private rooms, two vanities, restroom, and separate entrance
More about this property
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