The ORR Home Selling Team Real Estate Groups
  • 2200 W. McGalliard Road
    Muncie, IN 47304
The ORR Home Selling Team Real Estate Groups

Muncie, IN 47305 400 N High Street

$3,900,000

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Presented By: Brian Allardt with Coldwell Banker Real Estate Group; Cell: 765-808-1400
  • MLS# 202629077
  • 07/20/2026
  • Get pre-approved
  • Request Tour
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  • Baths • 7
  • SQFT • 41,502

Home Details

Opportunity to own a great investment property located at the Gateway to downtown Muncie Indiana. The Star Bank building includes a diversified mix of quality tenants with long term leases. Anchor tenants include Star Financial Bank, Praxis Risk Services, Coldwell Banker Real Estate Group and the Federal Bureau of Investigation. A majority of the tenant spaces have been remodeled with many leases extending into 2030. The property has a long history of strong demand and low turnover. Total income is in excess of $610,000 annually and current Profit and Loss shows a 7.2% return. This 3 story property is in excellent condition and has been well maintained. 100% Occupied with 9 tenant spaces ranging from 1022 sq ft to 8700 sq ft.
Presented By: Brian Allardt with Coldwell Banker Real Estate Group; Cell: 765-808-1400

Interior Features for 400 N High Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NNo
Interior Height10
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity
Equipment Y/NYes
Basement/FoundationPartial Basement, Slab
FlooringCarpet, Ceramic Tile, Mixed, Vinyl Tile, Tile
WallsDrywall

General for 400 N High Street

# of Buildings1
Age37
Agent First NameBrian
Agent Last NameAllardt
Annual Taxes45702
AreaDelaware County
Associated Document Count
Auction Y/NNo
Bathrooms7
Cap Rate7.2
Ceiling Height10
CityMuncie
ClassCOMMERCIAL
CoolingCentral Air, Other, Multiple Cooling Units
DOM2
FIPS Code18035
HeatingConventional, Forced Air, Heat Pump
Inside City LimitsYes
Legal DescriptionPt Hackley Reserve STR 092010 2.16 acres
New ConstructionNo
Other Fee Descriptionstorm water
Other Fees $5076
ParkingYes
ParkingLot, Off-Street, Paved
Present UseInvestment Property
REONo
RoofAsphalt, Shingle
SewerPublic
Special FeaturesPassenger Elevator
StatusActive
StatusActive
Status Detail0
Stories Count3
SubdivisionNone
Tax Year25 pay 26
TownshipCenter
TypeOffice
Year Built1989
Zoning DescriptionBusiness

Exterior for 400 N High Street

Approx. Lot Size Acres2.16
Construction Type 1Brick
ExteriorBrick
Ingress/EgressAsphalt
Lot Dimensions300X300
Lot Size Area94090
Number of Parking Spaces140
Parking TypeAsphalt Lot
Road AccessCity
Road Frontage Descriptionfrontage on 3 roads
Road SurfaceAsphalt
Security Gate Y/NNo
Security Light Y/NYes
Sprinkler System Y/NYes
Water NameWhite River
Water Softener Y/NYes
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Broker / Auctioneer
Price $3,900,000
MLS#202629077
List Date 07/20/2026
Property Type Commercial
Phone (765) 744-9500
Get pre-approved
Request Tour
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