Shopping Center

Muncie, IN Shopping Centers for Sale

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Multi-Tenant Retail Center
Updated: Jun 17
Multi-Tenant Retail Center

811 West McGalliard Road, Muncie, IN 47303

Contact for pricing
14,982 sqft 0.99 AC lot
Fully vacant 14,982 SF multi‑tenant retail center (5 suites) on W McGalliard Rd in Muncie
Five suite sizes from 720 to 6,525 SF for flexible leasing (service, food, medical, office‑retail, daily‑needs)
Completed 2025 facade refresh plus roughly $300,000 in interior renovations; suites are white‑boxed or in final stages
69 parking spaces on 0.99 acres (4.61 per 1,000 SF)
Pro forma stabilized rent of $163,951 ($10.94/SF blended NNN) on a $1,300,000 basis (12.1% unleveraged stabilized yield)
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Muncie, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

University-Adjacent Retail Strip Center
University-Adjacent Retail Strip Center

1915 University Boulevard, Anderson, IN 46012

$950,000
2.42 AC lot

Retail strip center on 2.42 acres, zoned B-3, with strong visibility along University Blvd near I-69 access.

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Retail
Retail

1915 University Boulevard, Anderson, IN 46012

$950,000
16,552 sqft 2.42 AC lot

Strip malls · 16,552 SF

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Fully Leased Retail Center
Fully Leased Retail Center

1029-1051 N State St, Greenfield, IN

Contact for pricing
33,090 sqft 4.26 AC lot

Fully leased retail center near Hancock Health Hospital.

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Multi-Tenant Retail Building For Sale
Multi-Tenant Retail Building For Sale

1789-1798 Melody Lane, Greenfield, IN

Contact for pricing
7,800 sqft 0.90 AC lot

7,800 SF retail building with existing tenants in Greenfield, IN.

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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.

Commercial Development Land with Garage
Commercial Development Land with Garage

4917 N Wheeling Parcel B Avenue, Muncie, IN 47304

$200,000
1.80 AC lot

1.8-acre corner parcel in Muncie includes a garage and good frontage near a retail shopping center.

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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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I-70 Visible Commercial Land
I-70 Visible Commercial Land

787 Highland Rd. Lot 1, Richmond, IN 47374

$1,374,500
10.00 AC lot

Commercial development site with I-70 visibility and frontage near major employment and retail destinations in Richmond.

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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.

Mcgalliard Thru 831st E Rd
SHOPPING CENTER, STRIP CENTER

Mcgalliard Thru 831st E Rd, Muncie, IN 47303

$780,000
Estimated value
21,358 sqft 1.69 AC lot
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Princeton Ave 2230th E
SHOPPING CENTER, STRIP CENTER

Princeton Ave 2230th E, Muncie, IN 47303

$2,385,000
Estimated value
92,044 sqft 21.84 AC lot
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3430 Broadway Ave
WHOLESALE OUTLET, DISCOUNT STORE

3430 Broadway Ave, Muncie, IN 47303-1307

$290,000
Estimated value
11,952 sqft 0.92 AC lot
View details
3526 Broadway Ave
WHOLESALE OUTLET, DISCOUNT STORE

3526 Broadway Ave, Muncie, IN 47303-1309

$300,000
Estimated value
11,767 sqft 0.70 AC lot
View details
811 Mcgalliard Rd
SHOPPING CENTER, STRIP CENTER

811 Mcgalliard Rd, Muncie, IN 47303-1756

$385,000
Estimated value
14,670 sqft 0.99 AC lot
View details
1010 29th St
WHOLESALE OUTLET, DISCOUNT STORE

1010 29th St, Muncie, IN 47302-5817

$405,000
Estimated value
10,800 sqft 0.47 AC lot
View details
5035 Hessler Rd
WHOLESALE OUTLET, DISCOUNT STORE

5035 Hessler Rd, Muncie, IN 47304-8960

$345,000
Estimated value
15,600 sqft 2.08 AC lot
View details
3501 Fox Rdg Ln
SHOPPING CENTER, STRIP CENTER

3501 Fox Rdg Ln, Muncie, IN 47304-5206

$340,000
Estimated value
5,641 sqft 1.10 AC lot
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3301 Everbrook Ln
SHOPPING CENTER, STRIP CENTER

3301 Everbrook Ln, Muncie, IN 47304-5271

$385,000
Estimated value
10,350 sqft 0.98 AC lot
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3310 Jackson St
WHOLESALE OUTLET, DISCOUNT STORE

3310 Jackson St, Muncie, IN 47303-5170

$245,000
Estimated value
7,648 sqft 0.45 AC lot
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1407 Mcgalliard Rd
SHOPPING CENTER, STRIP CENTER

1407 Mcgalliard Rd, Muncie, IN 47304-2267

$3,245,000
Estimated value
142,628 sqft 13.07 AC lot
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1801 Mcgalliard Rd
WHOLESALE OUTLET, DISCOUNT STORE

1801 Mcgalliard Rd, Muncie, IN 47304-2210

$3,625,000
Estimated value
93,444 sqft 8.28 AC lot
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3705 Madison St
SHOPPING CENTER, STRIP CENTER

3705 Madison St, Muncie, IN 47302-5756

$790,000
Estimated value
141,492 sqft 14.75 AC lot
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811 Tillotson Ave
SHOPPING CENTER, STRIP CENTER

811 Tillotson Ave, Muncie, IN 47304

$2,795,000
Estimated value
25,675 sqft 1.17 AC lot
View details
3301 Jackson St
WHOLESALE OUTLET, DISCOUNT STORE

3301 Jackson St, Muncie, IN 47303

$275,000
Estimated value
576 sqft 1.57 AC lot
View details
5925 Kilgore Ave
WHOLESALE OUTLET, DISCOUNT STORE

5925 Kilgore Ave, Muncie, IN 47304-4725

$535,000
Estimated value
9,030 sqft 1.11 AC lot
View details
1815 Granville Ave
WHOLESALE OUTLET, DISCOUNT STORE

1815 Granville Ave, Muncie, IN 47303-2106

$135,000
Estimated value
5,924 sqft 4.73 AC lot
View details
3400 Morrison Rd
WHOLESALE OUTLET, DISCOUNT STORE

3400 Morrison Rd, Muncie, IN 47304-5544

$1,735,000
Estimated value
32,048 sqft 2.96 AC lot
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425 Memorial Dr
WHOLESALE OUTLET, DISCOUNT STORE

425 Memorial Dr, Muncie, IN 47302-4063

$1,570,000
Estimated value
10,650 sqft 0.52 AC lot
View details
4000 Bethel Ave
WHOLESALE OUTLET, DISCOUNT STORE

4000 Bethel Ave, Muncie, IN 47304-5442

$1,595,000
Estimated value
88,600 sqft 6.88 AC lot
View details
2812 Jackson St
WHOLESALE OUTLET, DISCOUNT STORE

2812 Jackson St, Muncie, IN 47303-5105

$1,530,000
Estimated value
9,230 sqft 2.16 AC lot
View details
2501 Tillotson Ave
WHOLESALE OUTLET, DISCOUNT STORE

2501 Tillotson Ave, Muncie, IN 47304-2659

$355,000
Estimated value
7,225 sqft 0.72 AC lot
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3506 Jackson St
SHOPPING CENTER, STRIP CENTER

3506 Jackson St, Muncie, IN 47304-4370

$205,000
Estimated value
5,250 sqft 1.03 AC lot
View details

Muncie, IN Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Muncie, IN on our real estate platform. These investment opportunities span a total of 14,982 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 11
Automotive properties 8
Auto shops 4
Banks 3
Showrooms 3

Demographics Overview

Population 88K
Population Growth (5Y) -2.7%
Median Household Income $52,923
College Educated 37.1%

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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