117 E Main St

Muncie, IN 47305

$850,000
Price
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Beds
0.5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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...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.
  1. Listed by Lucius Conner • Viking Realty • Cell: 765-730-5496

Property Details for 117 East Main Street

Subdivision
None
Waterfront
No
Water Features
None
LISTING UPDATED: 11/26/2025 06:16 PM

Property Details for 117 East Main Street

StatusActive
MLS #202547400
Days on Market63
Taxes$9,273 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1875
Lot Size0.24 AC / 10,250 SF
CountyDelaware County

Location

Listing Courtesy of Viking Realty
Add your commute

Building Information for 117 East Main Street

Stories3Residences-Year Built1875Lot Size0.24 AC / 10,250 SF

Payment Calculator

$4,916 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,143

Property Taxes

$773

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 East Main Street

Summary
Location and General Information
  • Area: Delaware County
  • City: Muncie
  • Zip Code: 47305
  • City Zoning: CB Central Business Zone
  • State: IN
  • Township: Center
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Road Access: City
  • Inside City Limits: Yes
  • Fips Code: 18035
  • Directions To Property: West on Main Street from Madison.
  • Location: City
Taxes and HOA
  • Parcel Description: Corner
  • Annual Taxes: $9,273
  • Year Taxes Payable: 2025
  • Parcel Number Id: 18-11-10-363-007.000-003
Parking
  • Number Of Parking Spaces: 12
  • Parking: Lot, Off-Street, Street
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.235
  • Lot Dimensions: 125x125
  • Approx Lot Size Sqft: 10250.0
Property and Assessments
  • New Construction: No
  • Year Built: 1875
  • Age: 150
  • Documents Available: None
  • Planned Unit Development: No
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Indiana American Water Co
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Driveway: Asphalt
  • Exterior: Block, Brick
  • Platted: Yes
  • Road Surface: Asphalt
  • Roof Material: Build-Up, Rubber
Interior Features
  • Basement: Yes
  • Basement/Foundation: Full Basement, Unfinished
  • Cooling: Central Air
  • Flooring: Carpet, Wood
  • Heating/Fuel: Gas, Forced Air
  • Stories: 3
Multi Family
Multi-Family Information
  • Number of Buildings: 1

Property History for 117 East Main Street

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Listed (Active)

Indiana Regional MLS #202547400

$850,000—
DateEvent & SourcePrice
11/26/2025

Listed (Active)

Indiana Regional MLS #202547400

$850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117 East Main Street

Taxable ValueLand$23,200Additions$110,100Total$133,300
Tax Record2024$4,107 ($342 / month)
Home Facts
Total Finished SqFt7,980 SqFtAbove Grade Finished SqFt7,980 SqFtStories4Lot Size2,625 SqFtStyleMiscellaneous CommercialYear Built1875CountyDELAWAREAPN18-11-10-363-007.000-003

Schools near 117 East Main Street

This home is within Muncie Community Schools.
Rating
School
Type
Grades
Distance
East Washington Academy
Public - PK to 5
Muncie Central High School
Public - PK to 12
Northside Middle School
Public - 6 to 8
Muncie Area Career Center
Public - 6 to 12
Rating
School
Distance
East Washington Academy
PublicPK to 5

Muncie Central High School
PublicPK to 12

Northside Middle School
Public6 to 8

Muncie Area Career Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 117 East Main Street, Muncie, IN 47305

117 East Main Street is a mixed use property for sale in Muncie, IN 47305. This property was listed for sale on November 26, 2025 by Viking Realty, it's currently listed at $850,000. This listing's school district is Muncie Community Schools. Nearby schools include East Washington Academy, Muncie Central High School and Northside Middle School. 117 East Main Street is a 0-bed, 0.5-bath, mixed use property built in 1875.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Viking Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.