$895,000

404 W Air Park Drive, Muncie IN, 47303

Price per sqft$73.06

Built in2010

Property size12,250 sqft

Property typeCommercial

Overview

Active

Updated 2 weeks ago

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.

Additional information

MLS^® ID: 202549306

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 2.5 Acres

Other Property Details

Taxes: $19,489
Tax Frequency: Annually

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID

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Data last updated 3:42 AM UTC, 9/24/2026

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