# 400 N High Street, Muncie, IN 47305

> **TL;DR:** commercial, $3,900,000, built 1989.
> A/C. Est. $20,859/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,900,000 |
| Year Built | 1989 |
| Lot Size | 94,090 sqft (2.16 acres) |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $19,721 |
| Estimated Insurance | $1,138 |
| **Total** | **$20,859** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1989
- 2.16 acre lot

## Description

### Agent 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.

## Location

- **Address:** 400 N High Street, Muncie, IN 47305
- **County:** Delaware County
- **Coordinates:** 40.196663, -85.38693
- **Google Maps:** https://www.google.com/maps?q=40.196663,-85.38693

## Listing Agent

- **Name:** Brian Allardt
- **Brokerage:** Coldwell Banker Real Estate Group
- **Phone:** 7658081400

## Primary Photo

![400 N High Street - Primary Photo](http://lh.rdcpix.com/d9605ddee3d162872478e87623d6d416l-f645890249r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.ai/listing/400-n-high-street-muncie-in-47305-02629077)*

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**MLS#:** 202629077 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/400-n-high-street-muncie-in-47305-02629077)

---

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