Retail

Muncie, IN Retail Properties & Spaces for Sale

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Historic Creative Space with Parking
Updated: Aug 11
Historic Creative Space with Parking

607 E Charles Street, Muncie, IN 47305

$178,000
4,170 sqft 0.32 AC lot
4,170 SF historic structure built in 1855
Two parcels included with dedicated off‑street parking
Second parcel features an asphalt parking area with decorative fencing
Multiple levels with large rooms and flexible interior spaces
Central air with carpet and tile flooring
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Drive-Through Storefront Building
Updated: Aug 22
Drive-Through Storefront Building

4801 N Wheeling Avenue, Muncie, IN 47304

$395,000
0.55 AC lot
1,600‑square‑foot commercial storefront on 0.55 acres
Drive‑through, outdoor signage, vault, and off‑street parking
Flexible layout identified for retail, office, or food service use
Out lot within a shopping center with Dilman's Furniture, Dollar General, and Speedway
Central air conditioning with carpet and tile flooring
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Flex Building with Warehouse and Showroom
Flex Building with Warehouse and Showroom

4411 N Broadway Avenue, Muncie, IN 47303

$369,900
0.86 AC lot

Commercially zoned property combines customer-facing display space with substantial warehouse and garage functionality.

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Spa & Wellness Property with Salon Buildout
Spa & Wellness Property with Salon Buildout

201 E Centennial Ave, Muncie, IN 47303

$239,900
1,598 sqft

Includes the operating business, building, equipment, and inventory, with parking on both sides.

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Retail Space with Salon Buildout
Retail Space with Salon Buildout

201 E Centennial Avenue, Muncie, IN 47303

$239,900
0.28 AC lot

Established salon property near Ball State University with equipment, inventory, parking, and operational areas included.

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Historic Retail Space
Historic Retail Space

607 E Charles Street, Muncie, IN 47305

$178,000
0.36 AC lot

Multi-level commercial space with flexible rooms, central air, and dedicated off-street parking.

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NNN Retail Property
NNN Retail Property

2001 S Madison Street, Muncie, IN 47302

$550,000
0.68 AC lot

Maintained retail building with central air, on-site parking, and a recent five-year lease extension.

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Historic Mixed-Use Retail Opportunity
Historic Mixed-Use Retail Opportunity

607 E Charles Street, Muncie, IN 47305

$178,000
4,170 sqft

Historic property with retail-ready first floor and residential use on the second floor, recently improved with substantial updates.

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Multi-Tenant Retail Center
Multi-Tenant Retail Center

811 West McGalliard Road, Muncie, IN 47303

Contact for pricing
14,982 sqft 0.99 AC lot

Vacant multi-tenant retail center with refreshed façade and renovated interiors, offering multiple suite sizes for flexible leasing.

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Rehabbed Retail Space
Rehabbed Retail Space

413 S Tillotson Avenue #1, Muncie, IN 47304

Contact for pricing
720 sqft

Commercial suite with a restroom, private office, breakroom, utility area, and potential basement storage.

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Retail Space Over Coffee Shop
Retail Space Over Coffee Shop

1606 1/2 W University Avenue, Muncie, IN 47304

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1,538 sqft

Flexible commercial space near BSU’s campus with a retail-oriented layout.

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Retail Showroom Near White River
Retail Showroom Near White River

2902 W White River Boulevard, Muncie, IN 47304

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2,780 sqft

Flexible commercial space supports retail, office, medical, or showroom use near established businesses and regional destinations.

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Take 5 Car Wash
Take 5 Car Wash

3500 North Nebo Road, Muncie, IN 47304

Contact for pricing
6,269 sqft 1.41 AC lot

Operating car wash facility subject to an absolute NNN lease with more than 18 years remaining and four five-year renewal options.

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Office Unit with Retail Flexibility
Office Unit with Retail Flexibility

4415 N Broadway Avenue, Muncie, IN 47303

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1,000 sqft

Approximately 1,000 square feet offers a practical setting for office or retail occupancy.

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Mixed-Use Property with Living Area
Mixed-Use Property with Living Area

1632 N Granville Avenue, Muncie, IN 47303

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4,105 sqft

Two-level configuration combines commercial space with an upstairs residential area.

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NNN Family Dollar Property
NNN Family Dollar Property

1900 North Walnut Street, Muncie, IN 47303

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48,304 sqft

Family Dollar occupies the property under a new five-year lease with extension options.

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Freestanding Bank Branch with Drive-Through
Freestanding Bank Branch with Drive-Through

3605 N Broadway Ave, Muncie, IN 47303

$649,000

Vacant freestanding former bank with two units and prominent Broadway frontage, featuring an existing drive-through canopy.

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Fresh Thyme Grocery Store
Fresh Thyme Grocery Store

505 West McGalliard Road, Muncie, IN 47303

Contact for pricing
28,709 sqft

Natural and specialty grocer with multiple ingress and egress points on W McGalliard Road.

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Downtown Muncie Commercial Building
Downtown Muncie Commercial Building

225 N High Street, Muncie, IN 47305

$945,000
20,000 sqft

20,000 sq ft building with parking in downtown Muncie.

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Multi-Unit Retail Storefront Building
Multi-Unit Retail Storefront Building

1424 S Walnut St, Muncie, IN 47302

$599,900

Three storefront units with ample parking, including two currently occupied and updates with a new roof and AC units.

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3-Story Multi-Tenant Office Building
3-Story Multi-Tenant Office Building

400 N High St, Muncie, IN 47305

$3,900,000

Three-story, 100% occupied office building with nine tenant spaces and remodeling updates across a majority of units.

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Fuel Station with Residential Building
Fuel Station with Residential Building

3401 E Memorial Dr, Muncie, IN 47302

Contact for pricing
1,296 sqft

Existing fuel station includes new tanks and lines installed in 2023, plus a two-story residential home on-site.

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Retail Building with Mezzanine
Retail Building with Mezzanine

518 W McGalliard Rd, Muncie, IN 47303

Contact for pricing
8,100 sqft

Freestanding retail building with flexible two-unit design, separate utilities, rear delivery access, and added loft space.

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Retail Building for Sale
Retail Building for Sale

3000 N Wheeling Avenue, Muncie, IN 47304

Contact for pricing
5,234 sqft

Retail building offered for sale with 5,234 SF of space on North Wheeling Avenue in Muncie, Indiana.

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Muncie, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Muncie, IN, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 172,637 square feet of properties for sale, with an estimated market value of $8,792,500.

Sale prices for stores in Muncie, IN start at $178,000, averaging $676,346, and reaching up to $3,900,000 — 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

Storefront properties 16
Automotive properties 11
Showrooms 5
Auto shops 4
Grocery and convenience stores 4

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
47304 $197.5K
47303 $373.7K
47302 $575K
47305 $1.1M

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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