Multi-Tenant Office/Industrial
404 W Air Park Drive Muncie, IN 47303
404 W Air Park Drive, Muncie, IN, 47303
$895,000
For Sale
$895,000
Multi-tenant office building with brick-and-metal façade, metal roof, and concrete parking on 2.5 acres.
Property Size12,250 SF
Lot Size2.50 Acres
Price / SF$73.06
Days on Market344
Property Features for 404 W Air Park Drive
General Information
- Standard status
- Active
- Size
- 12,250 SF
- Lot size
- 2.50 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing agency
Coldwell Banker Lunsford
(765) 808-1400
Listed by
Brian Allardt · License #RB14013784
(765) 808-1400
Source
Xome
Added: Aug 13, 2025 Updated: Jul 21 at 4:38AM Checked: Jul 21 at 4:38AM
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 Coldwell Banker Lunsford
Investment Insights
Based on property information with market context.
This for-sale investment property in the Airpark Center Industrial Park includes a 12,250-square-foot multi-tenant building constructed in 2010. The exterior features a brick and metal façade and a metal roof, with a covered sidewalk and a concrete parking lot. The west portion includes an overhead door providing indoor storage for vehicles or equipment.
The property is adjacent to the Muncie Airport and offers convenient access within Delaware County, with linkage to the Muncie Bypass and Interstate 69.
Leasing includes Suite One and Suite Three. Suite One (404 W Air Park) offers an office configuration and is leased. Suite Three (408 W Air Park) includes office space and additional space with a garage component, and it is leased. All suites are occupied; inspections require arrangements with the listing agent.
The property is adjacent to the Muncie Airport and offers convenient access within Delaware County, with linkage to the Muncie Bypass and Interstate 69.
Leasing includes Suite One and Suite Three. Suite One (404 W Air Park) offers an office configuration and is leased. Suite Three (408 W Air Park) includes office space and additional space with a garage component, and it is leased. All suites are occupied; inspections require arrangements with the listing agent.
Key Highlights
- Multi‑tenant industrial office building in Airpark Center Industrial Park, built in 2010, with three tenants and leases extending to 2027 and 2028
- 12,250 SF building on 2.5 acres with brick‑and‑metal facade, metal roof, and covered sidewalk
- Gross income $8,825 per month ($105,900 annual) with expenses averaging around $35,000 and net income listed at $70,900
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Multi-tenant office building with brick-and-metal façade, metal roof, and concrete parking on 2.5 acres.
Where is this office units located?
The property is located at 404 W Air Park Drive Muncie, IN.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Multi‑tenant industrial office building in Airpark Center Industrial Park, built in 2010, with three tenants and leases extending to 2027 and 2028; 12,250 SF building on 2.5 acres with brick‑and‑metal facade, metal roof, and covered sidewalk; Gross income $8,825 per month ($105,900 annual) with expenses averaging around $35,000 and net income listed at $70,900
