Skip to content

3605 N Broadway Avenue

Muncie, IN 47303

ActiveListed Jul 23, 2026 · 1 day on market

Key facts

Living area
1,880 sqft
Lot
0.51 acres
Year built
1990
Type
Commercial Sale · Retail
MLS #
22116063
County
Delaware
Total building area
1,880 sqft

About this home

Rare gas station redevelopment opportunity in Muncie's reemerging north side retail corridor! Formerly occupied by Northwest Bank, this highly visible property sits along Broadway near Princeton, immediately east of the city's established McGalliard Road commercial district. The surrounding mall area has moved through its boom-and-bust cycle and is now seeing renewed investment, active retail traffic, and continued commercial repositioning. The 1,880-square-foot building was constructed in 1990 and retains a recognizable freestanding bank layout, including an existing drive through canopy, multiple access points, onsite parking, and strong exposure to surrounding traffic. Most importantly, the property has received City of Muncie approval for gas station use, substantially reducing the zoning uncertainty normally associated with fuel oriented redevelopment. The site offers a compelling basis for a neighborhood gas station, convenience store, specialty retail concept, quick-service operation, or adaptive reuse of the existing building. Its manageable footprint, existing improvements, and position near Target, AMC, established retailers, residential neighborhoods, and major north-side traffic corridors make it an unusually flexible infill opportunity.

Description provided by the listing brokerage.

Exterior

Parking and garage
Guest

Systems

Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
Business Variety

Schools

School district
Muncie Community Schools

Taxes

Estimated annual tax
$7,486 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$4,122per month, estimated
Principal and interest $3,271Property tax $624Insurance $227
20% · $129,800
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$649,000
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.