401 Walnut St, Muncie, IN 47305
The Historic Murray Building offers exceptional executive office suites in the heart of Downtown Muncie. This three-story, 14,998 square foot building, constructed in 1900 and zoned for Central Business use, provides a unique blend of historic charm and modern convenience. Currently, 1,650 square feet of office space is immediately available, divisible into units as small as 200 square feet, with a maximum contiguous space of 1,450 square feet. The building features a secure entrance, ensuring the safety and security of tenants. Convenient street parking is available, supplemented by off-site parking in a private lot. Tenancy is multiple, allowing for a diverse and vibrant work environment. The building sits on a 0.11-acre lot in Delaware County. A significant advantage is that rent includes utilities and Wi-Fi, minimizing operational overhead for businesses. This prime location, combined with the included amenities and flexible space options, makes the Historic Murray Building an ideal choice for businesses seeking a prestigious and efficient workspace in Downtown Muncie. The building's rich history and central location offer unparalleled accessibility and visibility. Contact us today to learn more about available suites and lease terms.
-
The Caffeinery Cafe & Coffee Shop
-
Hope Photography Photography Service (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.