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Executive Summary

Prime downtown Muncie Building and Parking Lots. This 20,000 sq ft 2 story commercial building with 3 parking lots and 50 parking spaces is now available for sale. Located across from City Hall and adjacent to the proposed High Pointe Station Development Opportunity to redevelop or continue leasing as office space. This property was originally built as an automotive dealership in 1928 and later redeveloped into the "Federal Building" with federal government office tenants as well as local office tenants. Amenities include passenger elevator, 2 sets of commercial restrooms and two sets of stairwells. Currently there are five leased tenant spaces plus parking space leases.
This offering includes four parcels.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,000 SF
Building Class
B
Year Built
1950
Price
$945,000
Price Per SF
$47.25
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,942 SF
Building FAR
1.28
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
30 Spaces (1.5 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Delaware County Community Corrections
  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Five Star Driving Academy
  • Educational Services
  • -
  • $9.99
  • -
  • -
  • FreightCo
  • Transportation and Warehousing
  • -
  • $9.99
  • Lorem Ipsum
  • -
  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The Internal Revenue Service is the revenue service of the United States federal government, responsible for administering and enforcing the Internal Revenue Code. Established on July 1, 1862, the agency was created to fund Civil War expenses and has since evolved into a permanent institution under the Department of the Treasury. The IRS oversees tax collection, compliance, and enforcement for individuals and businesses, including income, corporate, excise, and estate taxes. It also manages tax credits and benefits programs authorized by law. Headquartered in Washington, D.C., the IRS operates a nationwide network of processing centers and taxpayer assistance offices. The agency is led by a Commissioner appointed to a five-year term and is supported by a single Deputy Commissioner and four chiefs overseeing taxpayer services, compliance, operations, and information technology. The IRS is a government entity and does not trade publicly; it is part of the U.S. Department of the Treasury.

  • Jackson & Boglesby Law LLC
  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The Office of the Indiana Attorney General helps protect the rights, freedoms and safety you enjoy as a citizen of the Hoosier state. Attorney General Steve Carter and his staff are dedicated to meeting the state's legal needs, as well as the needs of its citizens. To most efficiently serve you, the Indiana Attorney General's Office is divided into two main divisions: Legal Services and Consumer Services.

  • RBE
  • Administrative and Support Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Delaware County Community Corrections Public Administration - $9.99 Lorem Ipsum Jan 0000
Five Star Driving Academy Educational Services - $9.99 - -
FreightCo Transportation and Warehousing - $9.99 Lorem Ipsum -
Public Administration - $9.99 Lorem Ipsum Jan 0000
Jackson & Boglesby Law LLC Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000
Public Administration - $9.99 Lorem Ipsum Jan 0000
RBE Administrative and Support Services - $9.99 Lorem Ipsum Jan 0000
Fairly walkable
50/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
18-11-09-482-008.000-003
Land Assessment
$86,100
Improvements Assessment
$629,300
Total Assessment
$715,400
  • Listing ID: 39902235

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: 225 N High St, Muncie, IN 47305

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