Muncie, IN 47305 114 S Walnut Street
$620,000



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Presented By: Steve Slavin with Coldwell Banker Real Estate Group; Cell: 317-701-5006
Home Details
Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with office space on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. The leased first floor requires 24 hrs notice to show.
Presented By: Steve Slavin with Coldwell Banker Real Estate Group; Cell: 317-701-5006
Interior Features for 114 S Walnut Street
Other Interior Features
Basement Y/NYes
Burglar Alarm Y/NYes
Interior Height12 ft
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity
Equipment Y/NNo
Basement/FoundationPartial Basement, Unfinished
FlooringCarpet, Laminate, Tile
WallsDrywall, Other
General for 114 S Walnut Street
# of Buildings1
Age135
Agent First NameSteve
Agent Last NameSlavin
Annual Taxes2738
AreaDelaware County
Associated Document Count1
Auction Y/NNo
Bathrooms3
Business NameGallagher Insurance
Ceiling Height12 ft
CityMuncie
ClassCOMMERCIAL
CoolingCentral Air
DOM4
FIPS Code18035
HeatingElectric, Gas, Baseboard, Forced Air
Legal DescriptionB D 21 HLF FT BLK 24 LOT 5
LocationCity
New ConstructionNo
ParkingNo
ParkingPublic, Street
Present UseInvestment Property
REONo
RestrictionsNone
RoofRolled, Rubber
SewerCity, Public
Special Features220 Volts, Living Space, Office Space, Reception Area, Cable, Refrigeration/Freezer
StatusActive
StatusActive
Status Detail0
Stories2
SubdivisionNone
Tax Year2024
TownshipCenter
TypeMixed Use
Unit Number100 & 200
Virtual TourClick here
Year Built1890
Exterior for 114 S Walnut Street
Approx. Lot Size Acres0.065
Construction Type 1Mixed Use
DrivewayNone
ExteriorBrick, Masonite
FenceNone
Ingress/EgressNone
Lot Dimensionszero
Lot Size Area2831
Parking TypeStreet
Road AccessCity
Road SurfaceAsphalt
Security Light Y/NYes
Sprinkler System Y/NNo
Water FeaturesNone
Water Softener Y/NYes
Waterfront Y/NNo
Additional Details
Price History
