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    OFF-MARKET
    Office Spaces

    401 Walnut St, Muncie, IN 47305

    14,998 SF Built 1900
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1900
    Total area 14,998 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Caffeinery Cafe & Coffee Shop
    • Hope Photography Photography Service (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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