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Listed by Ryan Kramer • RE/MAX Real Estate Groups • Cell: 765-717-2489
$2,750,000
Est. payment /mo
7 Baths
1.19 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202639277
HOA Y/N No
Year Built 1980
Annual Tax Amount $21,574
Tax Year 2027
Lot Size 1.190 Acres
Acres 1.19
Lot Dimensions X
Property Sub-Type Office
Property Description
CLASS A DOWNTOWN OFFICE|CORPORATE HEADQUARTERS|INVESTMENT OPPORTUNITY! Exceptional Class A commercial office property located in the heart of downtown Muncie, offering a rare combination of quality construction, prominent location, substantial square footage, existing tenancy, and owner-user flexibility. Originally constructed for a banking institution to accommodate corporate offices, operations, and a branch location, this impressive property has been thoughtfully designed for professional and corporate use and currently serves as the headquarters/business offices for three local organizations. The building features three levels above grade totaling approximately 42,829 square feet, plus an additional 8,059-square-foot basement, providing approximately 50,888 total square feet of usable space. The exterior features extensive glass & architectural elements that provide abundant natural light throughout the building while creating an attractive, professional presence in downtown Muncie. Accessibility & functionality are exceptional, with two elevators serving all three above-grade floors and the basement, along with two staircases. Each floor offers dedicated men's & women's restrooms, private offices, breakroom areas, and a vault. The second floor includes a training room, conference room area with kitchenette, and an additional restroom conveniently located nearby. The property currently benefits from a diversified occupancy structure. The seller is one of the three organizations currently occupying the building, while the other two organizations have existing leases extending through May 2029 & June 2030, respectively. The seller is willing to lease back its existing space following the sale or vacate that space to accommodate a buyer's needs, providing exceptional flexibility for an owner-user, investor, or combination owner-user/investment strategy. The existing tenants are expected to remain in place. A substantial on-site parking lot provides ample off-street parking for employees, clients, customers, & visitors, adding to the property's functionality & convenience. This is a unique opportunity to acquire a substantial, professionally designed property in the heart of downtown Muncie with existing tenancy, long-term leases, significant owner-user potential, elevator service to every level, extensive private office space, conference/training facilities, & abundant on-site parking. Ideal for Corp HQ, professional services, financial, or healthcare.
Location
State IN
County Delaware County
Rooms
Basement Partial
Interior
Heating Electric, Conventional, Forced Air, Heat Pump
Inclusions Building, Land
Fireplace N
Exterior
Parking Features Parking Lot, Paved
View Y/N true
Total Parking Spaces 64
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 181115101006000003
Acceptable Financing IRM202639277
Listing Terms IRM202639277
Special Listing Condition None
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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Denise Jarboe
Broker Associate License ID: RB20000819
Broker Associate License ID: RB20000819