About This Home

This 0-bedroom, 0-bathroom commercial at 220 S Walnut Street in Muncie, IN is listed for $2,750,000. Built in 1980, on a 1.19 acres lot.

Key Features

  • Built in 1980
  • 1.19 acre lot

Property Details

1980

Amenities

A/C
Listing Description

CLASS A DOWNTOWN OFFICE|CORPORATE HEADQUARTERS|INVESTMENT OPPORTUNITY! Exceptional Class A commercial office property located in the heart of downtown Muncie, offering a rare combination of quality construction, prominent location, substantial square footage, existing tenancy, and owner-user flexibility.

Originally constructed for a banking institution to accommodate corporate offices, operations, and a branch location, this impressive property has been thoughtfully designed for professional and corporate use and currently serves as the headquarters/business offices for three local organizations.

The building features three levels above grade totaling approximately 42,829 square feet, plus an additional 8,059-square-foot basement, providing approximately 50,888 total square feet of usable space. The exterior features extensive glass & architectural elements that provide abundant natural light throughout the building while creating an attractive, professional presence in downtown Muncie.

Accessibility & functionality are exceptional, with two elevators serving all three above-grade floors and the basement, along with two staircases. Each floor offers dedicated men's & women's restrooms, private offices, breakroom areas, and a vault. The second floor includes a training room, conference room area with kitchenette, and an additional restroom conveniently located nearby.

The property currently benefits from a diversified occupancy structure. The seller is one of the three organizations currently occupying the building, while the other two organizations have existing leases extending through May 2029 & June 2030, respectively.

The seller is willing to lease back its existing space following the sale or vacate that space to accommodate a buyer's needs, providing exceptional flexibility for an owner-user, investor, or combination owner-user/investment strategy. The existing tenants are expected to remain in place.

A substantial on-site parking lot provides ample off-street parking for employees, clients, customers, & visitors, adding to the property's functionality & convenience. This is a unique opportunity to acquire a substantial, professionally designed property in the heart of downtown Muncie with existing tenancy, long-term leases, significant owner-us

er potential, elevator service to every level, extensive private office space, conference/training facilities, & abundant on-site parking. Ideal for Corp HQ, professional services, financial, or healthcare.

Monthly Cost Estimate

$14,708/mo

20% down · 6.5% · 30 years

Principal$1,989
Interest$11,917
Insurance$802

Estimates only. Actual payments may vary.

Location

220 S Walnut Street

Muncie, IN 47305

Property Details

Flooring

VinylFinishedConcreteCarpetTile

Cooling

Multi UnitsCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 220 S Walnut Street is listed at $2,750,000. The estimated monthly payment is $14,707 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 1.19 acre lot.

This property is listed by Ryan Kramer.

RK

Ryan Kramer

Agent at RE/MAX Real Estate Groups

Listed by RE/MAX Real Estate Groups · Broker phone: (765) 288-0400 · Broker website

MLS# 202639277· Source: Mid-Eastern Indiana Association of Realtor MLS· 35 days on PropertySimple

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

220 S Walnut Street, Muncie, IN 47305

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