Muncie, IN 47305 117 E Main Street

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Presented By: Lucius Conner with Viking Realty; Cell: 765-730-5496
  • MLS# 202547400
  • 11/26/2025
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 4
  • SQFT • 14,290

Home Details

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 sellit'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 LotsA huge footprint for downtown! Three Classic BuildingsLoaded with character and history. Three Commercial SpacesReady for new retail or office tenants. Three Residential Units (or the space to build them!) A Crucial Dedicated Parking LotYou 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. Youre 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 trafficboth cars and feetthat 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 itthe history, the location, the incredible potentialcan 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 Muncies 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 propertys 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.
Presented By: Lucius Conner with Viking Realty; Cell: 765-730-5496

Interior Features for 117 E Main Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NNo
Interior Height12 ft
Smoke/Fire Alarm Y/NNo
Water Heater Y/NYes
FIRE PROTECTIONCity
Equipment Y/NNo
Basement/FoundationFull Basement, Unfinished
FlooringCarpet, Wood
WallsBlock, Drywall

General for 117 E Main Street

# of Buildings1
Age150
Agent First NameLucius
Agent Last NameConner
Annual Taxes9272.8
AreaDelaware County
Associated Document Count
Auction Y/NNo
Bathrooms4
Ceiling Height8 ft
CityMuncie
ClassCOMMERCIAL
CoolingCentral Air
DOM
FIPS Code18035
HeatingGas, Forced Air
Inside City LimitsYes
Legal DescriptionBROWNS DONATION BLK 24 E HLF OF 42.5 FT OFF W SD L 2 LOT 2
LocationCity
New ConstructionNo
PROPOSED FINANCINGCash, Conventional
ParkingYes
ParkingLot, Off-Street, Street
Present UseInvestment Property
REONo
RestrictionsNone
RoofBuild-Up, Rubber
SewerCity
Special Features110 Volts, Single Phase, Handicap Access, Alley, Basement, Office Space, Reception Area
StatusActive
StatusActive
Status Detail0
Stories Count3
SubdivisionNone
Tax Year2025
TownshipCenter
TypeMixed Use
Virtual TourClick here
Year Built1875

Exterior for 117 E Main Street

Approx. Lot Size Acres0.235
Construction Type 1Brick
DrivewayAsphalt
ExteriorBlock, Brick
Ingress/EgressConcrete
Lot Dimensions125x125
Lot Size Area10250
Number of Parking Spaces12
Parking TypeStreet
Road AccessCity
Road SurfaceAsphalt
Security Light Y/NYes
Sprinkler System Y/NNo
Water FeaturesNone
Water Softener Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Associate
Price $850,000
MLS#202547400
List Date 11/26/2025
Property Type Commercial
Get pre-approved
Request Tour
Request Info
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