Restaurants

Muncie, IN Restaurants for Sale

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Commercial Building with Drive-Thru
Updated: Jan 3
Commercial Building with Drive-Thru

4801 N Wheeling Avenue, Muncie, IN 47304

$395,000
0.55 AC lot
1,600 SF versatile commercial building for sale or lease
Drive‑thru feature and prominent outdoor signage
Central air and tile and carpet flooring
Off‑street parking with a vault
Built in 1970; originally a bank branch, later operated as a USPS substation (“The Mailroom”)
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Turn-Key Restaurant and Bar
Updated: Feb 6
Turn-Key Restaurant and Bar

3823 N Broadway Avenue, Muncie, IN 47303

$359,900
0.35 AC lot
Includes the real estate, business name, and established operations for Cheers
Sale includes kitchen equipment and business personal property/furnishings
Valuable 3‑way liquor license included with the sale
Kitchen and bar property with central air and off‑street parking
Built in 1960 with asphalt shingle roofing
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Sports Bar and Restaurant with Liquor
Sports Bar and Restaurant with Liquor

1811 S Burlington Avenue, Muncie, IN 47302

$355,000
0.70 AC lot

Remodeled sports bar includes bar, kitchen, restaurant equipment, and an accompanying liquor license.

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NNN Leased Restaurant Investment Opportunity
NNN Leased Restaurant Investment Opportunity

809 W McGalliard Rd, Muncie, IN 47303

$3,349,000
5,312 sqft

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

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Muncie, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Restaurant Building on Signalized Corner
Restaurant Building on Signalized Corner

500 Broadway, Anderson, IN 46012

$450,000
1.85 AC lot

A 4,804+-sf restaurant building on a signalized corner with ample parking and B-2 zoning for flexible future use.

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Standalone Drive-Through Bank Building
Standalone Drive-Through Bank Building

525 E Hartman Road, Anderson, IN 46012

$270,000
1.35 AC lot

Standalone bank building with a drive-through canopy and ample parking on a large corner lot, zoned for B-1 uses.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

406 N Main Street, Lynn, IN 47355

$139,900
0.45 AC lot

Restaurant-ready building on heavily traveled US 27 with dedicated prep, walk-ins, and customer-facing showroom space.

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Prime Commercial Opportunity on US 27
Prime Commercial Opportunity on US 27

406 N Main St, Lynn, IN 47355

$149,900
768 sqft

Commercial space with high visibility and drive-thru potential.

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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.

Zoned Neighborhood Shopping Center Parcels
Zoned Neighborhood Shopping Center Parcels

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000
21.55 AC lot

Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

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B-3 Zoned Commercial Land Parcel
B-3 Zoned Commercial Land Parcel

University Boulevard, Anderson, IN 46012

$812,000
8.12 AC lot

8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

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General Business Lot Zoned B-4
General Business Lot Zoned B-4

18th Street, Anderson, IN 46016

$50,000
0.45 AC lot

Commercial 0.45-acre lot, split across three parcels, zoned B-4 General Business for flexible development use.

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Commercial Development Land Parcel
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.

3823 Broadway Ave
RESTAURANT

3823 Broadway Ave, Muncie, IN 47303-1025

Value Estimation by Request
3,099 sqft 0.34 AC lot
View details
1100 Blk W Mcgalliard Rd
RESTAURANT

1100 Blk W Mcgalliard Rd, Muncie, IN 47303

Value Estimation by Request
View details
3001 Oakwood Ave
RESTAURANT

3001 Oakwood Ave, Muncie, IN 47304-2261

Value Estimation by Request
3,190 sqft 0.71 AC lot
View details
5201 Walnut St
RESTAURANT

5201 Walnut St, Muncie, IN 47303-9778

$635,000
Estimated value
8,734 sqft 9.31 AC lot
View details
1101 Mcgalliard Rd
RESTAURANT

1101 Mcgalliard Rd, Muncie, IN 47303-1770

$590,000
Estimated value
6,295 sqft 1.61 AC lot
View details
3000 Wheeling Ave
RESTAURANT

3000 Wheeling Ave, Muncie, IN 47303-1652

$505,000
Estimated value
5,234 sqft 0.93 AC lot
View details
1423 Mcgalliard Rd
RESTAURANT

1423 Mcgalliard Rd, Muncie, IN 47304-2267

$500,000
Estimated value
5,842 sqft 0.96 AC lot
View details
4221 Bethel Ave
RESTAURANT

4221 Bethel Ave, Muncie, IN 47304-5446

$515,000
Estimated value
10,159 sqft 2.13 AC lot
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801 Memorial Dr
RESTAURANT

801 Memorial Dr, Muncie, IN 47302-7626

Value Estimation by Request
0.10 AC lot
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809 8th St
RESTAURANT

809 8th St, Muncie, IN 47302-3167

Value Estimation by Request
3,456 sqft 0.77 AC lot
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1901 Mcgalliard Rd
RESTAURANT

1901 Mcgalliard Rd, Muncie, IN 47304-2212

Value Estimation by Request
4,695 sqft 1.24 AC lot
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1725 Mcgalliard Rd
RESTAURANT

1725 Mcgalliard Rd, Muncie, IN 47304-2208

$1,365,000
Estimated value
2,956 sqft 0.47 AC lot
View details
3600 Blk N Wheeling Ave
RESTAURANT

3600 Blk N Wheeling Ave, Muncie, IN 47304

Value Estimation by Request
0.27 AC lot
View details
3505 Wheeling Ave
RESTAURANT

3505 Wheeling Ave, Muncie, IN 47304-2073

Value Estimation by Request
4,392 sqft 1.06 AC lot
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109 Ohio Ave
RESTAURANT

109 Ohio Ave, Muncie, IN 47305-2758

Value Estimation by Request
0.06 AC lot
View details
109 Ohio Ave
RESTAURANT

109 Ohio Ave, Muncie, IN 47305-2758

Value Estimation by Request
3,362 sqft 0.26 AC lot
View details
909 Mcgalliard Rd
RESTAURANT

909 Mcgalliard Rd, Muncie, IN 47303-1766

Value Estimation by Request
3,158 sqft 0.49 AC lot
View details
1917 Memorial Dr
RESTAURANT

1917 Memorial Dr, Muncie, IN 47302-2162

Value Estimation by Request
792 sqft 0.21 AC lot
View details
2601 Dr Martin Luther King Jr Blvd
RESTAURANT

2601 Dr Martin Luther King Jr Blvd, Muncie, IN 47303-5192

Value Estimation by Request
5,068 sqft 2.94 AC lot
View details
2703 Madison St
RESTAURANT

2703 Madison St, Muncie, IN 47302-5131

Value Estimation by Request
2,865 sqft 0.45 AC lot
View details

Muncie, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Muncie, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,312 square feet of properties for sale, with an estimated market value of $3,349,000.

Sale prices for restaurant properties in Muncie, IN start at $3,349,000, averaging $3,349,000, and reaching up to $3,349,000 — 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

Conventional restaurants 5
Drive through restaurants 3
Bars & Pubs 2
Commercial kitchens 1

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 $360K
47304 $395K
47303 $1.9M

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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