USAINMuncie404 W Air Park Dr
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Virtual Tour
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$895,000

For Sale

4 months ago

404 W Air Park Dr, Muncie, IN

House

MLS® 202549306

0 Bed

4 Bath

--

70 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes $19,489
Days Active 121
Lot Size 
Approx. Age 2010
MLS® Number 202549306

Property Address: 404 W Air Park Dr, Muncie, IN, 47303-1886

Average square foot calculated using Size range provided by listing agent.

Description

Investment property located in the Airpark Center Industrial Park in north central Muncie. Three solid tenants include Peterman Brothers HVAC as anchor tenant, Quality Correctional Care and Centimark Commercial Roofing with leases extending to 2027 and 2028. Gross Income $8, 825 monthly/$105, 900 annual. Expenses average around $35, 000 making net income $70, 900. This is a very low maintenance property constructed in 2010, features include a brick and metal façade, metal roof, covered sidewalk and concrete parking lot situated on 2.5 Acres. Convenient location adjacent to the Muncie Airport and centrally located for access to anywhere in Delaware County and linkage to the Muncie Bypass and Interstate 69. The building is 12, 250 square feet. The west portion also has an overhead door for indoor storage of vehicles or equipment. Suite One is 400 W Air Park and has 3284 square feet of office area; Suite Three is 408 W Air Park and includes 7, 850 of space including garage. All Suites are leased so arrangements need to be made with listing agent for inspections.
MLS® Number202549306
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2010
BasementSlab
DrivewayOff-Street, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 19, 2025List Date
$895,000List Price
Aug 22, 2024End Date
$975Sold Price

Leased

Jun 17, 2025List Date
$35,100List Price
  • Commute

Commute

Starting Address
Destination Address
404 W Air Park Dr, Muncie, IN

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