IN > Muncie
Muncie, IN 47305,117 E Main Street
Muncie, IN 47305,117 E Main Street
Muncie, IN 47305,117 E Main Street
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$850,000
Est. payment /mo
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10,236 Sqft Lot
Active

117 E Main Street Muncie, IN 47305

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Timothy Vicsik

Timothy Vicsik

+1(574) 329-9587

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202547400

Abv Grd Liv Area 1,394

Year Built 1875

Annual Tax Amount $9,272

Tax Year 2025

Lot Size 10,236 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State IN

County Delaware County

Area Delaware County

Zoning CB Central Business Zone

Direction West on Main Street from Madison.

Interior

Flooring Carpet, Wood

Appliance Building

Laundry , 12

Exterior

Roof Type Build-Up,Rubber

Total Parking Spaces 12

Building

Story 3

New Construction No

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202547400

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Lucius Conner • Viking Realty • Cell: 765-730-5496

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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117 E Main Street

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