Freestanding Drive-Through
New
For Sale
Contact for pricing
400 S Madison St, Muncie, IN 47305
Vacant single-story restaurant with commercial kitchen, dual lanes, walk-up windows, and outdoor seating.
Property Size762 SF
Lot Size0.67 Acres
Days on Market5
Property Features for 400 S Madison St
General Information
Standard status
Active
Size
762 SF
Total Parking Spaces
13
Lot size
0.67 Acres
Property subtype
Vacant-User
Zoning
BV
Site & Location
Drive-Thru
Yes
Traffic Count
14,322 vehicles/day
Road Access
Yes
Additional Details
Patio
Yes
Amenities
ABSOLUTE $1 AUCTION | Former Rally's | McDonald's Adjacent | 16K VPD | 2-Drive Thru | Downtown Muncie | AUCTION AUGUST 3-5
Freestanding Former Rally's with Dual Drive-Thru available at Significant Discount Below Replacement Cost
Signalized Hard Corner with ±14,322 VPD Traffic and Excellent Visibility on S Madison Street and ±2,158 VPD on E Charles St
Nearby National Retailers: McDonald's (across street), Burger King, Dollar General, Family Dollar, CVS, Taco Bell, CSL Plasma
Dense Demographics with 5-Mile Population of ±79,244 and Annual Household Income of ±$66,992
Prime Downtown Location in High Traffic Corridor 2-Miles from Ball State University and IU Health Ball Memorial Hospital
Zoned BV, Variety Business with a Variety of Permitted Uses
Absolute $1 Auction – NO RESERVE!
Building Details
Building Size
762 SF
Year Built
1989
Buildings
1
Stories
1
Listing Agency:
Fort Lauderdale Office
(954) 245-3408
Listed By:
Phil Kates · License #License(s): FL: SL3235872
(954) 245-3408
Source:
Marcusmillichap
Added: Aug 13
Changed: Aug 14
Last Checked: Aug 17 at 3:45AM
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 Fort Lauderdale Office
Investment Insights
Based on property information with market context.
This vacant, freestanding quick-service restaurant includes a 762-square-foot single-story building on an approximately 0.67-acre parcel measuring about 29,310 square feet. Built in 1989, the property has a commercial kitchen, dual drive-through lanes, two walk-up service windows, outdoor seating, and approximately 13 surface parking spaces. Two ingress and egress points support site circulation, while frontage along three streets strengthens access from the surrounding area.
The property occupies a signalized intersection at South Madison Street and East Charles Street in Downtown Muncie, directly across from McDonald’s. South Madison Street carries approximately 14,322 vehicles per day. IU Health Ball Memorial Hospital is within approximately two miles, and Ball State University has enrollment exceeding approximately 22,000 students. The site is zoned BV, or Variety Business District, supporting commercial, retail, restaurant, and service-oriented uses.
The property occupies a signalized intersection at South Madison Street and East Charles Street in Downtown Muncie, directly across from McDonald’s. South Madison Street carries approximately 14,322 vehicles per day. IU Health Ball Memorial Hospital is within approximately two miles, and Ball State University has enrollment exceeding approximately 22,000 students. The site is zoned BV, or Variety Business District, supporting commercial, retail, restaurant, and service-oriented uses.
Key Highlights
- 762 SF single‑story restaurant building on approximately 0.67 acres
- Dual drive‑through lanes, two walk‑up service windows, and outdoor seating
- Approximately 13 surface parking spaces with two ingress and egress points
Property Analytics
Property Profile
Current Use
Lease Details
14,322 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 24%
Hotels & Casinos 17%
McDonald's
Dining
23,291 visits/mo
0.2 miles
Courtyard Muncie At Horizon Convention Center
Hotels & Casinos
8,366 visits/mo
0.4 miles
Rally's
Dining
5,247 visits/mo
0.1 miles
Dollar General
Shops & Services
5,147 visits/mo
0.4 miles
Merchants Bank
Shops & Services
2,949 visits/mo
0.4 miles
Demographics for 47305, IN
3,629
Population
2,512
Households
1.4
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
1.3 sq mi
ZIP Area
2,792
Density / Sq Mi
$33,125
Median Household Income
$30,648
Median Earnings
$744
Median Rent
$77,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Vacant single-story restaurant with commercial kitchen, dual lanes, walk-up windows, and outdoor seating.
Where is this drive through restaurant located?
The property is located at 400 S Madison St Muncie, IN.
What are key features of this property?
This property features: 762 SF single‑story restaurant building on approximately 0.67 acres; Dual drive‑through lanes, two walk‑up service windows, and outdoor seating; Approximately 13 surface parking spaces with two ingress and egress points
