Muncie, IN Commercial Real Estate for Lease and Sale

Explore 60 listings of Muncie commercial real estate to find the best space for your business.

4501 N Superior Dr

4501 North Superior Drive, Airparks Industrial Center, Muncie, IN
Property

Industrial

74,880 SF
Year Built

1999
For Sale

$4,500,000
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800 South Tillotson Avenue

800 South Tillotson Avenue, Westside Muncie, Muncie, IN
Property

Office

32,557 SF
Availability

1 Space

12,000 SF
Year Built

1971
For Lease Contact for pricing
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1150 West Kilgore Avenue

1150 West Kilgore Avenue, Westside Park, Muncie, IN
Property

Office

71,290 SF
Availability

1 Space

71,541 SF
Year Built

2000
For Lease Contact for pricing
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Muncie Medical Arts Building

3631 N Morrison Road, Westminster Villas, Muncie, IN
Property

Office

39,625 SF
Availability

1 Space

3,544 SF
Year Built

2006
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Retail Industrial

Office Retail Industrial Land
W Hessler Rd

W Hessler Rd, Westminster Villas, Muncie, IN
Property

VacantLand
For Sale

$300,000
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900 W Fuson Rd

900 W Fuson Rd, Middletown Park, Muncie, IN
Property

Industrial
For Sale

$1,880,000
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3224 S Meeker Ave

3224 S Meeker Ave, Indian Village, Muncie, IN
Property

VacantLand
For Sale

$97,000
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900 W Fuson Rd

900 W Fuson Rd, Middletown Park, Muncie, IN
Property

VacantLand
For Sale

$1,880,000
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Meeker Ave

Meeker Ave, Tennessee Court, Muncie, IN
Property

VacantLand
For Sale

$197,000
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Muncie Medical Arts Building

3631 North Morrison Road, Westminster Villas, Muncie, IN
Property

Office

39,625 SF
Availability

1 Space

3,544 SF
Year Built

2006
For Lease Contact for pricing
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613-617 E. McGalliard Rd - Muncie, IN

615-617 E. McGalliard Road, Granville Park, Muncie, IN
Property

Retail

5,400 SF
Availability

1 Space

1,200 SF
Year Built

2007
For Lease Contact for pricing
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The Flower Bin

211 W McGalliard Rd, Haines - Dunn, Muncie, IN
Property

Retail

2,126 SF
Year Built

1939
For Sale

$495,000
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3600 N Briarwood Ln

3600 N Briarwood Ln, North Lyndenbrook Place, Muncie, IN
Property

Office

3,546 SF
Availability

1 Space

3,054 SF
Year Built

1997
For Lease

$10.00/SF/YR
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3001 N GRANVILLE AV

3001 N GRANVILLE AV, Granville Park, Muncie, IN
Property

Office

6,160 SF
Availability

1 Space

6,160 SF
For Lease

$11.50/SF/YR
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1107 Tillotson Ave

1107 Tillotson Ave, Rochester and Utica, Muncie, IN
Property

Office

16,500 SF
Availability

1 Space

10,000 SF
For Lease

$12.50/SF/YR
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1400 W Memorial Dr

1400 W Memorial Dr, Perkin's, Muncie, IN
Property

Retail
For Sale

$35,000
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5400 W Kilgore Ave

5400 W Kilgore Ave, Bradford Park, Muncie, IN
Property

VacantLand
For Sale

$195,000
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State-of-the-Art Manufacturing Facility

2200 Bunch Blvd, River View Heights, Muncie, IN
Property

Industrial

80,000 SF
Year Built

2022
For Sale Contact for pricing
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4221 W Bethel

4221 W Bethel, Morrison Crossing, Muncie, IN
Property

Retail

10,159 SF
Year Built

1999
For Sale

$1,800,000
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4100 N Broadway Ave

4100 N Broadway Ave, McCormick John, Muncie, IN
Property

VacantLand

0.9 Acre
For Sale

$50,000
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110 E Charles St

110 E Charles St, Garst's, Muncie, IN
Property

Office
For Sale

$1,200,000
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2011 W McGalliard Rd

2011 W McGalliard Rd, Layne Crest, Muncie, IN
Property

VacantLand
For Sale

$695,000
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1300 S Gilman Ave

1300 S Gilman Ave, Rochester and Utica, Muncie, IN
Property

Industrial

6,490 SF
Availability

1 Space

6,175 SF
For Lease

$7.00/SF/YR
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401 S Walnut

401 S Walnut, Seitz's, Muncie, IN
Property

Office

14,998 SF
Availability

6 Spaces

1,716 SF
For Lease

$225.00 - $450.00/MO
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Shoppes at Southside

3600 S Chandler Dr, Shoppes at Southside, Muncie, IN
Property

Retail

19,500 SF
Availability

2 Spaces

2,700 SF
For Lease

$15.00/SF/YR
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2504 N Tillotson Ave

2504 N Tillotson Ave, Orchard Lawn, Muncie, IN
Property

Retail

3,549 SF
Availability

1 Space

750 SF
For Lease

$10.00/SF/YR
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819 East McGalliard Road

819 East McGalliard Road, Granville Park, Muncie, IN
Property

Retail

21,358 SF
Availability

1 Space

4,587 SF
Year Built

1996
For Lease

$7.85/SF/YR
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6207 W Taylor Road

6207 W Taylor Road, Bradford Park, Muncie, IN
Property

Office

2,508 SF
Availability

1 Space

2,508 SF
Year Built

1860
For Lease

$1,000.00/MO
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4917 N Wheeling Ave

4917 N Wheeling Ave, Halteman Villa, Muncie, IN
Property

VacantLand
For Sale

$300,000
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1309 S Nebo Rd

1309 S Nebo Rd, Bradford Park, Muncie, IN
Property

Retail
For Sale

$595,000
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1301 N Nebo Rd

1301 N Nebo Rd, Muncie, IN
Property

VacantLand

7 Acre
For Sale Contact for pricing
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MUNCIE RETAIL CENTER

1123 McGalliard Road, Elmwood, Muncie, IN
Property

Retail

8,640 SF
For Sale Contact for pricing
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709 S Morrison Rd

709 S Morrison Rd, Riverbend Commons, Muncie, IN
Property

Multi-Family

2,216 SF
For Sale

$249,900
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411 W Riggin Road

411 W Riggin Road, Airparks Industrial Center, Muncie, IN
Property

Office

16,680 SF
Availability

1 Space

5,263 SF
Year Built

1998
For Lease

$12.00/SF/YR
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3121 S Walnut St

3121 S Walnut St, Carmichael's, Muncie, IN
Property

Industrial

13,717 SF
Availability

1 Space

13,562 SF
Year Built

1961
For Lease

$6.00/SF/YR
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State-of-the-Art Manufacturing Facility

2200 Bunch Blvd, River View Heights, Muncie, IN
Property

Industrial
Availability

1 Space

320,000 SF
Year Built

2022
For Lease Contact for pricing
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4917 N Wheeling Ave

4917 N Wheeling Ave, Robin Wood, Muncie, IN
Property

VacantLand
For Sale

$120,000
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4105 W Bethel Ave

4105 W Bethel Ave, North Lyndenbrook Place, Muncie, IN
Property

Retail

2,000 SF
Year Built

1985
For Sale

$475,000
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2011 E 18th St

2011 E 18th St, Foster's, Muncie, IN
Property

Multi-Family

6,894 SF
Year Built

1942
For Sale

$260,000
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6000 W Kilgore Ave

6000 W Kilgore Ave, Bradford Park, Muncie, IN
Property

VacantLand

0.6 SF
Year Built

1964
For Sale

$84,500
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1150 W Kilgore Ave

1150 W Kilgore Ave, Westside Park, Muncie, IN
Property

Office

71,541 SF
For Sale Contact for pricing
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1608 W McGalliard Road

1608 W McGalliard Road, Norwood, Muncie, IN
Property

Retail

8,075 SF
Availability

1 Space

8,075 SF
For Lease Contact for pricing
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2720 S Madison St

2720 S Madison St, Eden Acres, Muncie, IN
Property

Unassigned
For Sale

$399,000
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409 N Martin St

409 N Martin St, Eastern Indiana Normal University, Muncie, IN
Property

Retail

13,170 SF
Availability

1 Space

4,000 SF
For Lease

$6.00/SF/YR
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4917 N Wheeling Ave

4917 N Wheeling Ave, Halteman Villa, Muncie, IN
Property

VacantLand
For Sale

$150,000
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River Plaza

811 S Tillotson Ave, Carlton Heights, Muncie, IN
Property

Retail

25,675 SF
Availability

1 Space

1,105 SF
Year Built

1996
For Lease Contact for pricing
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N Morrison Rd

N Morrison Rd, Brin-Dale Woods, Muncie, IN
Property

VacantLand
For Sale

$535,000
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N Morrison Rd

N Morrison Rd, Keller, Muncie, IN
Property

VacantLand
For Sale

$400,000
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620 N Walnut St

620 N Walnut St, Wysor and Hibbits, Muncie, IN
Property

Retail
For Sale

$845,000
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6260 West McGalliard Road

6260 West McGalliard Road, Westport, Muncie, IN
Property

Retail

211,312 SF
Availability

2 Spaces

1,089 SF
Year Built

1994
For Lease Contact for pricing
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6210 S Co Rd 294 W

6210 S Co Rd 294 W, Daleville, IN
Property

VacantLand

7.02 Acre
For Sale

$59,900
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1200 S Tillotson Overpass

1200 S Tillotson Overpass, Rochester and Utica, Muncie, IN
Property

Office

20,843 SF
Availability

1 Space

1,100 SF
Year Built

1985
For Lease

$1,100.00/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Muncie commercial real estate market incorporates 344,933 square feet of office space across 14 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Muncie commercial real estate market includes 297,214 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Muncie market, there is a total of 227,813 square feet of industrial property.

The listing inventory in Muncie incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Muncie is represented by Industrial space, which accounts for 127,723 square feet of available listings. Office space available in Muncie adds up to 121,830 square feet.

Meanwhile, most of the listings of commercial property for sale in Muncie are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Muncie is $12.4 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Muncie can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Muncie, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Muncie is in the Seitz's neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Seitz's area.

Meanwhile, retail space opportunities are most abundant in the Shoppes at Southside submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Rochester and Utica.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $15 per square foot. In particular, the property type commanding the highest lease rates in Muncie was Office space.

Conversely, the highest sale price last year was $3,581,870 that is located at 3631 North Morrison Road.

The average size of a commercial property in Muncie depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Muncie, the average size of an office property is 24,639 square feet.
Retail properties here incorporate an average of 29,722 square feet.
Industrial space in Muncie is in buildings that are, on average 45,563 square feet in size.

Muncie, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Muncie currently add up to 263,879 square feet. The market offers 12 active office listing(s), which amount to 121,830 square feet and account for 54% of commercial spaces on the market. Local retail availability includes 14,326 square feet across 7 retail space(s). Industrial space for rent opportunities in Muncie amount to 127,723 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	12	121,830
Retail	7	14,326
Industrial	3	127,723

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Muncie, IN. Currently, there is 203,351 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 10 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	74,601
Retail	10	22,925
Industrial	4	96,698
Other	22	9,127

Muncie, IN Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Muncie, IN?

What factors affect the price of commercial real estate in Muncie, IN?

What is the average rent for commercial space in Muncie, IN?

What are the best areas for commercial real estate in Muncie, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Muncie, IN?

Muncie, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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