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Three-Story Office Building

400 N High Street Muncie, IN 47305

New
400 N High Street, Muncie, IN, 47305
$3,900,000
For Sale
$3,900,000

COMMERCIAL - Muncie, IN

Lot Size2.16 Acres
Days on Market2

Property Features for 400 N High Street

General Information

Property type
Commercial Sale
Property subtype
Office
Rooms
Basement
Parking features
Off Street
Standard status
Active
APN
18-11-09-479-008.000-003
Lot size
2.16 Acres

Taxes and HOA fees

Tax Year
25
Tax Description
Pt Hackley Reserve STR 092010 2.16 acres
Tax Annual Amount
45702

Utilities

Cooling system
Central Air, Multi Units

Building Details

Year built
1989
Flooring type
Carpet, Mixed, Tile - Ceramic, Tile
Roof type
Shingle, Asphalt
Listing Agency Coldwell Banker Real Estate Group
400 N High St. Suite 110 (Broker: Adam Ertel), Muncie, IN
Listed by Brian Allardt · License #RB14013784
Added: Jul 20 Checked: Jul 21 at 4:06 am
MLS# 202629077

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.

The Star Bank building is a three-story, well-maintained office property in excellent condition, offering 100% occupancy with nine tenant spaces ranging from 1,022 to 8,700 square feet. Public remarks indicate that a majority of the tenant spaces have been remodeled, with many leases extending into 2030.

Anchor tenants listed in the remarks include Star Financial Bank, Praxis Risk Services, Coldwell Banker Real Estate Group, and the Federal Bureau of Investigation. The property is described as being located at the Gateway to downtown Muncie, Indiana.

According to the provided income statement summary, total income is in excess of $610,000 annually, and the current Profit and Loss reflects a 7.2% return. The property is presented as having a long history of strong demand and low turnover, with tenants holding long-term leases.

Key Highlights

  • 3‑story building built in 1989 with 9 tenant spaces ranging from 1,022 SF to 8,700 SF
  • 100% occupied with a diversified tenant mix including Star Financial Bank, Praxis Risk Services, Coldwell Banker Real Estate Group, and the Federal Bureau of Investigation
  • Most tenant spaces remodeled, with many leases extending into 2030

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

STAR Financial Bank Bank STAR Insurance Agency Bank McClellan & McClellan Law ... Law Firm Federal Bureau-Investigation Private Investigator Welch & Company Attorneys ... Law Firm

Suggested Use

Pharmacy Storage Facility Bakery Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Veterinary Clinic Computer & Electronic Repair Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Three-story office building offering 100% occupancy across nine tenant spaces.
Where is this office building located?
The property is located at 400 N High Street Muncie, IN.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 3‑story building built in 1989 with 9 tenant spaces ranging from 1,022 SF to 8,700 SF; 100% occupied with a diversified tenant mix including Star Financial Bank, Praxis Risk Services, Coldwell Banker Real Estate Group, and the Federal Bureau of Investigation; Most tenant spaces remodeled, with many leases extending into 2030
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