400 N High Street, Muncie, IN

Others for Sale - $3,900,000 - 2 acres


Agent Info

Brian Allardt
Coldwell Banker Commercial Real Estate Group

Property Info

CIMLS#1194196
Location
  400 N High Street
  Muncie IN 47305
UpdatedAugust 14th, 2026
TypeOthers
Price$3,900,000
Land2 acres

Property Description

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.


Financials



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