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114 S Walnut Street , 100 & 200

Muncie, IN 47305
  • $610,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 202514499
Price Reduced
$610,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,641
    SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1890
County:
Area:

School Ratings & Info

Listing provided by Steve Slavin of Coldwell Banker Real Estate Group: Cell: 317-701-5006.

Description

Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with office space on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. The leased first floor requires 24 hrs notice to show.



© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2025-05-16T00:28:07.387.

www.parkerteamhomes.com/homes/162972782
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114 S Walnut Street , 100 & 200 Muncie, IN 47305

  • Price: $610,000
  • Status: Active
  • On Site: 20 Days
  • MLS #: 202514499
0
Beds
0
Baths
0
½ Baths
0.06
Acres
4,641
SQFT
$131
$/SQFT
1890
Built
Neighborhood:
None
County:
Delaware
Area:
Delaware
Property Description
Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with office space on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. The leased first floor requires 24 hrs notice to show.
Exterior Features

Construction Type1 Mixed Use Driveway None Exterior BrickMasonite Fence None Fire Doors YN Yes Lighted Parking YN Yes Location City Lot Dimensions zero Parcel Description 0-2.9999 Parking PublicStreet Parking Type Street Parking YN No Road Access City Road Surface Asphalt Roof Material RolledRubber Sea Wall Type None Security Light YN Yes Signs YN No Water Features None Waterfront YN No

Interior Features

Basement Foundation Partial BasementUnfinished Basement YN Yes Bldg1 Above Grd Sq Ft 4641 Bldg1 Below Grd Sq Ft 2100 Bldg1 Fin Office Sq Ft 2100 Ceiling Height 12 ft Column Spacing none Cooling Central Air Flooring CarpetLaminateTile Heating Fuel ElectricGasBaseboardForced Air Interior Height 12 ft Interior Walls DrywallOther Internal Rooms KitchenOffice Special Features 220 VoltsLiving SpaceOffice SpaceReception AreaCableRefrigeration/Freezer Total Restrooms 3

Property Features

Annual Taxes 2738 Auction YN No Buildings 1 Burglar Alarm YN Yes Business Name Gallagher Insurance Cable Company Comcast/XfinityAT&T Cross Street Main St. Currently Leased YN Yes Documents Available LBP FormSellers Disclosure Easements Gas LinePower Line Electric Company AEP/I&M Enterprise Zone No Equipment YN No Exemptions HomesteadSupplemental Fire Protection City For Sale Or Rent For Sale Gas Company CenterPoint Energy Gross Monthly Expenses 0 Gross Monthly Rent 2060 Ingress Egress None Lease Available YN Yes Lease Term Remaining April 2026 Lighted Intersection YN Yes New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Business ServiceProfessional Property Sub Type Mixed Use Property Use Investment Property Proposed Financing CashConventional Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Restrictions None Sale Includes Building Sewer CityPublic Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement No Township Center Water Company Indiana American Water CoMuncie Sanitary Dist. Water Heater YN Yes Water Softener YN Yes Water Utility CityPublic Year Taxes Payable 2024

Listing provided by Steve Slavin of Coldwell Banker Real Estate Group: Cell: 317-701-5006.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2025-05-16T00:28:07.387.

 
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3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Steve Slavin of Coldwell Banker Real Estate Group: Cell: 317-701-5006.