Muncie, IN Restaurants for Sale

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Updated: Feb 6

Established Bar and Restaurant

3823 N Broadway Avenue, Muncie, IN 47303

$359,900

0.35 AC lot

Operating bar and restaurant business with real estate included
0.35‑acre property at 3823 N Broadway Avenue, Muncie, IN 47303
Sale includes kitchen equipment and business personal property/furnishings
3‑way liquor license included
1960 construction with central air and asphalt shingle roof

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Updated: Mar 27

Remodeled Sports Bar with Stage

1811 S Burlington Avenue, Muncie, IN 47302

$355,000

0.70 AC lot

Remodeled sports bar with pool tables and upgraded stage
Building sale includes bar, kitchen, and restaurant equipment
Liquor license included; liquor inventory is negotiable
Established at 1811 S Burlington Avenue in Muncie since 1952
Neighboring rental home has 1,243 square feet, 2 bedrooms, and 1 bath

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Free-Standing QSR with Dual Drive-Thru

400 South Madison Street, Muncie, IN 47305

Contact for pricing

894 sqft 0.70 AC lot

Vacant, free-standing restaurant building with dual drive-thru lanes, commercial kitchen, and outdoor seating on a signalized corner.

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Brand-New Panera Bread Restaurant

900 E McGalliard Rd, Muncie, IN 47303

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4,393 sqft 1.03 AC lot

Newly constructed Panera Bread restaurant on an estimated 1.03-acre parcel with a 15-year NNN sale leaseback.

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Red Lobster Triple-Net Restaurant

223 W McGalliard Rd, Muncie, IN 47303

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6,641 sqft 1.59 AC lot

Single-tenant Red Lobster on an absolute triple-net lease with 16.15 years remaining on the base term.

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Renovated Icehouse Restaurant

519 N Elm St, Muncie, IN 47305

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10,555 sqft

Renovated historic restaurant with outdoor dining, pizza ovens, smoker, and included FF&E.

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Drive-Through Restaurant Lease

3110 Wheeling Ave, Muncie, IN 47303

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Features Long John Silver’s and A&W brands with drive-through service.

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IHOP Conventional Restaurant

3300 N Chadam Ln, Muncie, IN 47304

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IHOP-branded restaurant property offered for sale in Muncie, Indiana.

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Renovated BBQ Restaurant

1917 W Memorial Drive, Muncie, IN 47302

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Sale includes the real estate, business, and restaurant equipment.

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Music Hall and Beer Garden

215 S Walnut St, Muncie, IN 47305

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Two adjacent entertainment venues are available for sale with a one-year sell-and-leaseback agreement and renewal options.

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NNN Leased Restaurant Investment Opportunity

809 W McGalliard Rd, Muncie, IN 47303

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5,312 sqft

NNN leased Chili's with corporate guarantee in Muncie, Indiana.

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Freestanding Bar Building

908 S Walnut, Muncie, IN 47302

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Standalone commercial building with prior bar use and stated restaurant conversion potential.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Muncie, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Conventional Restaurant Building

500 Broadway, Anderson, IN 46012

$450,000

1.85 AC lot

B-2 zoning and an existing restaurant tenant support continued operation or future commercial repositioning.

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Three Dog Saloon Bar & Grill

517 Locust Street, Middletown, IN 47356

$285,000

0.06 AC lot

Established food-and-beverage property with a full-service kitchen, liquor license, and additional second-floor area.

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Full-Service Bar and Grill

517 Locust Street, Middletown, IN 47356

$285,000

0.06 AC lot

Operating establishment includes a Restaurant 210 4-way liquor license with liquor, beer, wine, and carryout privileges.

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Standalone Bank Building with Drive-Thru

525 E Hartman Road, Anderson, IN 46012

$270,000

2,604 sqft

Standalone former bank on a large corner lot with a drive-thru canopy and ample parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

B-3 Commercial Land Assemblage

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000

21.55 AC lot

Four parcels offer separate acquisition options with natural gas availability and public sewer service.

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Commercial Land for Development

University Boulevard, Anderson, IN 46012

$812,000

8.12 AC lot

B-3 zoning supports a planned neighborhood shopping center, with public sewer available.

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B-4 Commercial Land

18th Street, Anderson, IN 46016

$50,000

0.45 AC lot

Three-parcel commercial site with B-4 General Business zoning and public sewer.

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Commercial Development Land Parcel

Progress Boulevard, Winchester, IN 47394

$249,900

1.49 AC lot

Developable 1.49-acre parcel in Winchester, Indiana, positioned among retail and service businesses.

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Off-Market Properties in Muncie, IN

Consider similar Off-Market properties in Muncie, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

3823 Broadway Ave, Muncie, IN 47303-1025

$255,000

Estimated value

3,099 sqft 0.34 AC lot

View details

RESTAURANT

1100 Blk W Mcgalliard Rd, Muncie, IN 47303

Value Estimation by Request

View details

RESTAURANT

3001 Oakwood Ave, Muncie, IN 47304-2261

$260,000

Estimated value

3,190 sqft 0.71 AC lot

View details

RESTAURANT

5201 Walnut St, Muncie, IN 47303-9778

$635,000

Estimated value

8,734 sqft 9.31 AC lot

View details

RESTAURANT

1101 Mcgalliard Rd, Muncie, IN 47303-1770

$590,000

Estimated value

6,295 sqft 1.61 AC lot

View details

RESTAURANT

3000 Wheeling Ave, Muncie, IN 47303-1652

$505,000

Estimated value

5,234 sqft 0.93 AC lot

View details

RESTAURANT

1423 Mcgalliard Rd, Muncie, IN 47304-2267

$500,000

Estimated value

5,842 sqft 0.96 AC lot

View details

RESTAURANT

4221 Bethel Ave, Muncie, IN 47304-5446

$515,000

Estimated value

10,159 sqft 2.13 AC lot

View details

RESTAURANT

801 Memorial Dr, Muncie, IN 47302-7626

Value Estimation by Request

0.10 AC lot

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RESTAURANT

809 8th St, Muncie, IN 47302-3167

$255,000

Estimated value

3,456 sqft 0.77 AC lot

View details

RESTAURANT

1901 Mcgalliard Rd, Muncie, IN 47304-2212

$465,000

Estimated value

4,695 sqft 1.24 AC lot

View details

RESTAURANT

1725 Mcgalliard Rd, Muncie, IN 47304-2208

$1,350,000

Estimated value

2,956 sqft 0.47 AC lot

View details

Muncie, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Muncie, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 27,795 square feet of properties for sale, with an estimated market value of $714,900.

Sale prices for restaurant properties in Muncie, IN start at $355,000, averaging $357,450, and reaching up to $359,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 88K

Population Growth (5Y) -2.7%

Median Household Income $52,923

College Educated 37.1%

High-Yield Neighborhoods for Investment

Identify Muncie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47302	$355K
47303	$359.9K

Taxes & Financing

Tax Rate (average for all types) 2.15%

Property Tax per SF $47.73 per SF

Tax Rate vs County Average 0.11 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Delaware County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Muncie fall within the 50,000 to 100,000 square foot range.

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Muncie, IN Restaurants for Sale

3823 N Broadway Avenue, Muncie, IN 47303

1811 S Burlington Avenue, Muncie, IN 47302

400 South Madison Street, Muncie, IN 47305

900 E McGalliard Rd, Muncie, IN 47303

223 W McGalliard Rd, Muncie, IN 47303

519 N Elm St, Muncie, IN 47305

3110 Wheeling Ave, Muncie, IN 47303

3300 N Chadam Ln, Muncie, IN 47304

1917 W Memorial Drive, Muncie, IN 47302

215 S Walnut St, Muncie, IN 47305

809 W McGalliard Rd, Muncie, IN 47303

908 S Walnut, Muncie, IN 47302

Opportunities in Nearby Cities

500 Broadway, Anderson, IN 46012

517 Locust Street, Middletown, IN 47356

517 Locust Street, Middletown, IN 47356

525 E Hartman Road, Anderson, IN 46012

Potential Development Sites for Consideration

241 N Scatterfield Road, Anderson, IN 46012

University Boulevard, Anderson, IN 46012

18th Street, Anderson, IN 46016

Progress Boulevard, Winchester, IN 47394

Off-Market Properties in Muncie, IN

3823 Broadway Ave, Muncie, IN 47303-1025

1100 Blk W Mcgalliard Rd, Muncie, IN 47303

3001 Oakwood Ave, Muncie, IN 47304-2261

5201 Walnut St, Muncie, IN 47303-9778

1101 Mcgalliard Rd, Muncie, IN 47303-1770

3000 Wheeling Ave, Muncie, IN 47303-1652

1423 Mcgalliard Rd, Muncie, IN 47304-2267

4221 Bethel Ave, Muncie, IN 47304-5446

801 Memorial Dr, Muncie, IN 47302-7626

809 8th St, Muncie, IN 47302-3167

1901 Mcgalliard Rd, Muncie, IN 47304-2212

1725 Mcgalliard Rd, Muncie, IN 47304-2208

Muncie, IN Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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