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Three-Room Office Unit
For Lease
$615/Mo

520 S Nichols Ave, Muncie, IN 47303

Private-entry workspace includes a kitchenette, storage, shelving, and built-in features.

Space SizeContact for details
Days on Market40

Property Features for 520 S Nichols Ave

General Information

Standard status Active

Additional Details

Space Use Office

Amenities

half bathroom
storage closet
kitchenette
built-ins
business sign
doorbell camera
internet ready

Building Details

Year Built 1900
Listing Agency: F.C. Tucker Muncie, REALTORS
Listed By: Tabatha Hedge · License #RB23000839
Source: Callcriswell
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 28 at 12:56AM

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 F.C. Tucker Muncie, REALTORS

Investment Insights

Based on property information with market context.

Available for rent, this private-access office unit is arranged across three rooms and includes a half bathroom, storage closet, and a larger room with extensive shelving. A kitchenette with sink and built-in features adds practical workspace support, while internet readiness and wiring for a doorbell camera are already in place.

Open parking is positioned in front of the unit. Tenants may use a 4x4' metal business sign with customization handled at the tenant’s expense. The property is located at 520 S Nichols Ave in Muncie, Indiana, and was built in 1900.

Key Highlights

  • Three‑room office unit with private entry
  • Half bathroom, storage closet, kitchenette, and built‑ins
  • Large room with extensive shelving

Property Analytics

Current Use

All American Door Building Supply Muncie Management Property Management Company

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Electrical Service Auto Repair Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,458
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

Lease Benchmarks for Muncie, IN

$10.54 /SF/Yr
Avg Asking Price
$9–$11 /SF/Yr
Price Range
3,439 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Private-entry workspace includes a kitchenette, storage, shelving, and built-in features.
Where is this office units located?
The property is located at 520 S Nichols Ave Muncie, IN.
What is the lease rate?
The lease rate is $615/Mo.
What are key features of this property?
This property features: Three‑room office unit with private entry; Half bathroom, storage closet, kitchenette, and built‑ins; Large room with extensive shelving
More about this property
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