Commercial Land for Sale in Muncie, Indiana
400 N High St, Muncie, IN 47305
Opportunity to own a great investment property located at the Gateway to downtown Muncie Indiana. The Star Bank building includes a diversified mix of quality tenants with long term leases. Anchor tenants include Star Financial Bank, Praxis Risk Services, Coldwell Banker Real Estate Group and the Federal Bureau of Investigation. A majority of the tenant spaces have been remodeled with many leases extending into 2030. The property has a long history of strong demand and low turnover. Total income is in excess of $610,000 annually and current Profit and Loss shows a 7.2% return. This 3 story property is in excellent condition and has been well maintained. 100% Occupied with 9 tenant spaces ranging from 1022 sq ft to 8700 sq ft.
Location
- Street address
- 400 N High St
- County
- Delaware County
- Zip code
- 47305
- Elevation
- 939 feet
Property details
- Acreage
- 2.16 acres
- Zoning
- Business
- MLS #
- MEIN 202629077
- Posted
Parcels
- 18-11-09-479-008.000-003
Legal description
Pt Hackley Reserve STR 092010 2.16 acres
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Office
- Franchise
- Coldwell Banker Real Estate
Exterior
- Parking
- Off Street
Structure
- Cooling
- Central Air, Multi Units
- Roof
- Asphalt, Shingle
Interior
- Flooring
- Carpet, Mixed, Tile, Tile-Ceramic
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 20, 2026 | New listing | $3,900,000 | — | MEIN |