Skip to content

3512 N Walnut Street

Muncie, IN 47303

PendingListed Oct 28, 2025 · 280 days on market

Key facts

Living area
2,610 sqft
Lot
0.18 acres
Year built
1940
Type
Commercial Sale · Office
MLS #
22070623
County
Delaware
Total building area
2,610 sqft

About this home

Prime corner location with excellent visibility and high traffic! This versatile commercial building features paved parking and a lighted pole sign-perfect for your business. The front space offers 1,432 sq ft with a large reception area, private office, kitchen, and open work area. The rear space (638 sq ft) has four private rooms, two with vanities, private restroom, and separate entrance-previously leased to a salon/spa tenant. Both areas have independent heating and air conditioning, offering flexibility for multi-tenant use. Additional features include an 18x30 attached garage (currently leased month-to-month), two newer furnaces and AC units, vinyl siding and windows, and dimensional shingles. Three extra lots behind the building are available for purchase and include a small storage building, ideal for expansion or extra storage. Don't miss this rare opportunity to own a highly visible, multi-use commercial property in a prime location!

Description provided by the listing brokerage.

Exterior

Parking and garage
Asphalt

Systems

Heating
Forced Air
Cooling
Central Air
Utilities
Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

Zoning
499: Other Commercial Str

Schools

School district
Muncie Community Schools

Taxes

Estimated annual tax
$2,104 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,253per month, estimated
Principal and interest $1,008Property tax $175Insurance $70
20% · $39,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$199,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.