REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Aug

Tue

Aug

Wed

Aug

Trueblood Real Estate

[email protected] +1(317) 513-1395

$ 360,000

Est. payment -/mo

Save Virtual Tour

New

109, 107, & 113 E Main Street Muncie, IN 47305

1 Bed

2 Baths

5,472 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,472 sqft

MLS Listing ID 202533813

Style Two Story

Bedrooms 1

Full Baths 1

Half Baths 1

Abv Grd Liv Area 5,472

Total Fin. Sqft 5472

Year Built 1927

Annual Tax Amount $4,071

Tax Year 2024

Lot Size 8,712 Sqft

Property Sub-Type Site-Built Home

Property Description

After a complete remodel, this exceptional downtown Muncie property is now available and ready for a new owner. The main level has been transformed into a stunning retail space, currently leased by Parlour, one of Muncie's premier salons. The first floor offers a welcoming retail area with custom-built-ins, a luxurious ADA-accessible restroom, a stylish kitchenette, two private office spaces, multiple storage closets, and a staircase that leads to the upstairs apartment. For privacy, this staircase has been closed off, allowing each level to function independently. The upstairs apartment is a true showpiece. It features a Richard's Kitchen & Bath design with top-of-the-line Mouser cabinetry, quartz countertops, and high-end GE Café appliances. With vaulted 14-foot ceilings, a loft space for additional guests, custom closet systems, and a spa-like bathroom with laundry, this unit is both functional and luxurious. Given its location in the heart of downtown, it could easily become one of the most desirable Airbnb rentals in Muncie. This sale also includes the full parking lot at 113 E Main Street, and there is an opportunity to purchase the adjacent 107 E Main Street building for an additional $80,000. The 107 property, formerly The Mark III Tap Room, retains its original wood bar, offers an upstairs office, and includes Phase 3 electrical, making it a strong candidate for future redevelopment. Initially, the 107 building will only be sold in conjunction with 109. The Parlour Salon is income-producing with the lease at $2,180 per month through January 31, 2030. The tenant pays utilities, and the lease includes a five-year renewal option with a 5% rent increase for the next term. Recent updates include all new plumbing, electrical, roof, windows, two furnaces and AC units, a water heater, and Nest camera systems. The property also has a rare basement with poured walls and ample street parking. In addition to its excellent condition and strong tenant, this property is located within Muncie's River District, which makes it eligible for a highly sought-after three-way liquor license from the city for only $2,000. This is a rare opportunity to acquire a fully remodeled, income-generating downtown property with long-term stability, prime location, and tremendous future potential.

Location

State IN

County Delaware County

Area Delaware County

Zoning CB Central Business Zone

Direction Near the intersection of E Main and S Walnut, downtown Muncie

Rooms

Basement Crawl, Full Basement, Partial Basement, Slab, Unfinished

Kitchen Upper, 16 x 11

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Hardwood Floors, Tile, Vinyl

Fireplaces Type None

Appliance Dishwasher, Microwave, Refrigerator, Washer, Cooktop-Electric, Dryer-Electric, Kitchen Exhaust Hood, Laundry-Stacked W/D, Oven-Convection, Oven-Double, Sump Pump, Water Heater Electric, Water Softener-Owned

Laundry Upper, 4 x 5

Exterior

Exterior Feature None

Fence None

Amenities Available Built-In Bookcase, Built-In Home Theatre, Cable Available, Ceiling-9+, Ceilings-Vaulted, Countertops-Solid Surf, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garden Tub, Range/Oven Hook Up Elec, Twin Sink Vanity, Alarm System-Sec. Cameras, Stand Up Shower, Tub and Separate Shower, Sump Pump, Washer Hook-Up, Custom Cabinetry

Roof Type Rolled,Rubber

Building

Lot Description Level, 0-2.9999

Story 2

Foundation Crawl, Full Basement, Partial Basement, Slab, Unfinished

Sewer City

Water City

Architectural Style Traditional

Structure Type Brick,Cement Board

New Construction No

Schools

Elementary Schools East Washington Academy

Middle Schools Northside

High Schools Central

School District Muncie Community Schools

Others

Financing Cash,Conventional

Virtual Tour https://my.matterport.com/show/?m=ejTcniyEB4c&brand=0

IDX information provided by the Indiana Regional MLS

Listed by Steve Slavin • Coldwell Banker Real Estate Group • Cell: 317-701-5006

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

GET MORE INFORMATION

Quick Search

Indianapolis, IN

Trueblood Real Estate

109, 107, & 113 E Main Street Muncie, IN 47305

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

109, 107, & 113 E Main Street

Quick Search