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Drive-Through Redevelopment Opportunity
For Sale
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601 S Tillotson Avenue, Muncie, IN 47304

Fronts South Tillotson Avenue with multiple ingress/egress points and BV zoning supporting retail, restaurant, and service redevelopment.

Property Size2,556 SF
Days on Market20

Property Features for 601 S Tillotson Avenue

General Information

Standard status Active
Size 2,556 SF
Property subtype Retail
Zoning BV - Variety Business Zone

Site & Location

Traffic Count 14,300 vehicles/day
Road Access Yes

Building Details

Building Size 2,556 SF
Year Built 2010
Listing Agency: SRS Real Estate Partners, LLC
Listed By: Sarah Shanks
Source: Srsre
Added: Jul 24 Changed: Aug 8 Last Checked: Aug 12 at 3:11AM

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 SRS Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

This owner-user redevelopment opportunity fronts South Tillotson Avenue and is suited for a drive-through restaurant or other commercial concepts. The property’s BV (Variety Business) zoning supports a broad range of retail, restaurant, service, and commercial redevelopment or owner/user use, and it features exceptional frontage with multiple points of ingress and egress.

The site is located in one of Muncie’s primary commercial corridors, with traffic counts of approximately 14,300 vehicles per day. It is conveniently positioned near West McGalliard Road and less than two miles from State Road 332, providing connectivity throughout the Muncie trade area. The property is approximately one mile south of Ball State University and within the primary retail corridor near Muncie Mall.

National and credit retailers nearby include Walmart Supercenter, Target, Meijer, Menards, Kohl’s, Lowe’s Home Improvement, and multiple food and service brands. The property also includes billboard income that will transfer to the new owner, creating an additional revenue stream (contact agent for details).

Key Highlights

  • Built in 2010
  • Fronts South Tillotson Avenue with traffic counts of approximately 14,300 vehicles per day
  • BV (Variety Business) zoning supports retail, restaurant, and service/commercial redevelopment and owner/user use

Property Analytics

Current Use

KFC Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Electrical Service HVAC 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.

Lease Details

14,300 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,372
Businesses Nearby
218k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 18% Groceries 17% Beauty & Spa 2%
Pay Less Super Markets Groceries
37,565 visits/mo 0.1 miles
McDonald's Dining
31,185 visits/mo 0.2 miles
Starbucks Dining
17,661 visits/mo 0.1 miles
Wendy's Dining
15,963 visits/mo 0.3 miles
7 Brew Coffee Dining
13,297 visits/mo 0.2 miles

Demographics for 47304, IN

30,366
Population
14,303
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
875
Density / Sq Mi
$67,756
Median Household Income
$33,077
Median Earnings
$951
Median Rent
$161,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Fronts South Tillotson Avenue with multiple ingress/egress points and BV zoning supporting retail, restaurant, and service redevelopment.
Where is this drive through restaurant located?
The property is located at 601 S Tillotson Avenue Muncie, IN.
What are key features of this property?
This property features: Built in 2010; Fronts South Tillotson Avenue with traffic counts of approximately 14,300 vehicles per day; BV (Variety Business) zoning supports retail, restaurant, and service/commercial redevelopment and owner/user use
More about this property
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