2400 S Madison Street Muncie, IN ^$ 215,000

2400 S Madison Street

^$ 215,000

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Recently Listed

2400 S Madison Street

Muncie, IN, 47302

^$ 215,000

Bedrooms-- Baths2.0 Sq 4,800

Monthly Estimate*

^$ 1,485

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Commercial Property for sale in Muncie, IN

for $215,000 with 2 full baths. This 4,800 square foot building was built in 1945 on a lot size of 0.34.

Distribution, storage, retail or Industrial use. 14' by 14' overhead door with 15'2" ceiling height. This building is located directly on South Madison Street offering a commercial/retail location with an overhead door, small office and 2 restrooms. Zoned Limited Industrial with 120 feet of frontage on Madison St and 125 of depth on 17th Street. Block construction with standing seam metal roof and floor drain. This property is currently leased on a month to month lease for $1,600.00 per month. Single Phase electric in use with an additional panel for 3 phase electric if needed.

Commercial Active

Price

^$ 215,000

Full Bath

Property Type

Commercial

Taxes

^$ 1,413

Style

Industrial

Lot Size

0.34

Year Built

1945

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202646224

Features

General

Heating Radiant

Cooling Wall AC

Ceiling Height 15

Roof Metal

Parking Yes Gravel Off-Street

Sewer Public

# of Buildings 1

Status Active Active

Bathrooms 2

Year Built 1945

New Construction No

Subdivision Fair Lawn / Fairlawn

Stories Count 1

Township Center

Class COMMERCIAL

Type Industrial

Age 81

Inside City Limits Yes

Special Features Single Phase Three Phase Overhead Door 1

REO No

Status Detail 0

Area Delaware County

City Muncie

Legal Description Fairlawn Addition Lots 14 15 16

Agent First Name Brian

Agent Last Name Allardt

DOM 0

Tax Year 25 pay 26

Exterior

Road Surface Asphalt

Road Access City

Exterior Block

Number of Parking Spaces 6

Lot Size Area 15000

# of Docks 0

Lot Dimensions 120 x 125

Parking Type gravel

Waterfront Y/N No

Interior

Flooring Concrete

Basement/Foundation Slab

Walls Block

* Excluded Features

List By

Brian Allardt

Listing Agent

Coldwell Banker Real Estate Group

Broker

ballardt@cbcregroup.com

Affordability Calculator

$1,603

Per Month

Monthly Principal & Interest: $1,485
Monthly Property Taxes: $118
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Commerical listings in Muncie, IN

Average List Price ^$646,667

Percent of Sale Price 201%

About Muncie, IN

67,860 Population

-5% Since 2002

^$32,102 Median Income

30.9 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/10/2026	$215,000		Listed Price

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2400 S Madison Street, Muncie, IN, 47302 is a Commercial Property for sale at $215,000 with 4,800 sqft and a lot size of 0.34. 2400 S Madison Street has 2.0 baths and was built in 1945. The property's zip code is 47302 which is in Muncie, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 11/11/2026.

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2400 S Madison Street

Commercial Property for sale in Muncie, IN

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