114 S Walnut Street
Muncie, IN 47305
6741 sqft | 2 beds | 2.5 baths | 0.06 acres | #22035667

Description
Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with office space on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. The leased first floor requires 24 hrs notice to show.
Property Details
- InteriorBath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Entrance Foyer, Eat-in Kitchen, Walk-in Closet(s), Windows Vinyl
- High SchoolMuncie Central High School
- School DistrictMuncie Community Schools
- Elementary SchoolEast Washington Academy
- Property SubtypeSingle Family Residence
- Exterior MaterialsBalcony, Smart Lock(s)
- Property ConditionUpdated/Remodeled
- BasementFull, Unfinished
- Utility SourceMunicipal/City
- SubdivisionNo Subdivision
- Property TypePurchase
- CountyDelaware
- Original List Price$620,000
- MLS #22035667
- MLS #22035667
- Cost610000
- FoundationBlock
- ViewCity
- Acres0.06
- Square Feet6741
- Year Built1890
- Bathrooms2.5
- Bedrooms2
- Full Baths2
- Half Baths1
Location
Legal
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Last Updated:Â . Source: MIBOR
Listing Courtesy
Listing Agent: Steve Slavin (#MBR39868)
Listing Office: Coldwell Banker Real Estate Group (#MBRCLBR01)

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