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400 N High Street Muncie, IN $ 3,900,000
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400 N High Street
$ 3,900,000
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400 N High Street

Muncie, IN, 47305
$ 3,900,000
Bedrooms-- Baths7.0 Sq 41,502

Monthly Estimate*

$ 24,625

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Commercial Property for sale in Muncie, IN

for $3,900,000 with 7 full baths. This 41,502 square foot building was built in 1989 on a lot size of 2.16.

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.

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Commercial Active

Price

$ 3,900,000

Full Bath

7

Property Type

Commercial

Taxes

$ 45,702

Style

Office

Lot Size

2.16

Year Built

1989

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202629077
Features
General
Heating Conventional Forced Air Heat Pump
Cooling Central Air Other Multiple Cooling Units
Ceiling Height 10
Roof Asphalt Shingle
Parking Yes Lot Off-Street Paved
Sewer Public
# of Buildings 1
Status Active Active
Bathrooms 7
Year Built 1989
New Construction No
Subdivision None
Stories Count 3
Township Center
Class COMMERCIAL
Present Use Investment Property
Type Office
Age 37
Inside City Limits Yes
Special Features Passenger Elevator
REO No
Status Detail 0
Area Delaware County
City Muncie
Legal Description Pt Hackley Reserve STR 092010 2.16 acres
Agent First Name Brian
Agent Last Name Allardt
DOM 0
Tax Year 25 pay 26
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Exterior
Road Surface Asphalt
Road Access City
Exterior Brick
Number of Parking Spaces 140
Lot Size Area 94090
Lot Dimensions 300X300
Parking Type Asphalt Lot
Waterfront Y/N No
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Interior
Flooring Carpet Ceramic Tile Mixed Vinyl Tile Tile
Basement/Foundation Partial Basement Slab
Walls Drywall
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* Excluded Features
List By
Brian Allardt

Listing Agent

Coldwell Banker Real Estate Group

Broker

ballardt@cbcregroup.com

Email

Affordability Calculator

$28,434
Per Month
87%
13%
0%
Monthly Principal & Interest
$24,625
Monthly Property Taxes
$3,809
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/20/2026$3,900,000 Listed Price

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400 N High Street, Muncie, IN, 47305 is a Commercial Property for sale at $3,900,000 with 41,502 sqft and a lot size of 2.16. 400 N High Street has 7.0 baths and was built in 1989. The property's zip code is 47305 which is in Muncie, IN

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