Listed with Lucius Conner, Viking Realty, Cell: 765-730-5496

Price $850,000
Status Active
Size 1,394 sqft
Lot Size 10,237 sqft
Days on Market 4
Your Next Great Idea Starts Here: The Heart of Main Street, Muncie 117-121 E Main St, Muncie, IN 47305 Forget those cookie-cutter investment properties. This isn't just a building you sell"”it's a landmark, a centerpiece, and frankly, a structure that radiates opportunity. They call it Main Street for a reason, and this incredible multi-building assembly sits right in the thick of it! I'm telling you, this is the deal of a lifetime. We've got: Four Lots"”A huge footprint for downtown! Three Classic Buildings"”Loaded with character and history. Three Commercial Spaces"”Ready for new retail or office tenants. Three Residential Units (or the space to build them!) A Crucial Dedicated Parking Lot"”You know how important that is downtown! We may not have a partridge in a pear tree, but trust me, this is everything you need to make one heck of a good decision for your portfolio and for Muncie. You're getting over 16,000 square feet of stunning potential right here. Picture this: you're just east of the beautiful Patterson Building, and only one block away from the energy of the Muncie Civic Theatre. We have the traffic"”both cars and feet"”that makes a business thrive. Right now, the lower levels are set up as adaptable office spaces, but let your imagination run wild! Retail, restaurant, brewery, co-working... it can be easily remodeled to suit your dream. Upstairs in each unit? That's your residential gold mine, ready to become fantastic downtown apartments. Basements in every unit add storage and utility. Every brick holds its own charm, and every square foot is waiting for your touch. All of it"”the history, the location, the incredible potential"”can be yours for $850,000. The Investment Game Changer: Opportunity Zone This isn't just about location; it's about leverage. This property is DIRECTLY in Muncie's Opportunity Zone. What does that actually mean for you, the investor? It means tax breaks, pure and simple. You get access to preferential federal tax treatment on your capital gains when you invest through a Qualified Opportunity Fund (QOF)"”and we're talking about the potential to pay zero federal tax on the property's future appreciation if you hold it for 10 years! It means local momentum. The city and state are actively investing here. Think about cheaper liquor licenses, access to local grants, and the focused attention that makes getting a project done smoother and faster.
Property Type(s): Commercial
Last Updated 11/26/2025 Tract None
Year Built 1875 County Delaware

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Water Heater
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Block, Brick
HEAT Forced Air, Natural Gas
LOT 10237 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 125x125
PARKING Asphalt, Off Street, On Street, Parking Lot
SEWER Public Sewer
STORIES 3
SUBDIVISION None
TAXES 9272.8
WATER Public
Listed with Lucius Conner, Viking Realty, Cell: 765-730-5496
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 11/29/25 9:49 PM PST
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2025.

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