Listing courtesy of RE/MAX Real Estate Groups · Listing agent: Lisa Buckner
313 W 5th Street
$139,900
$13.01 / sq ft
Muncie, IN 47302
Original price $170,000 · Price reduced on August 27, 2026
- Basement
- Bathrooms
- 2
- Lot
- 0.78 ac
- Year built
- 1900
- Type
- Mixed Use
- Listed
- May 29, 2026
- MLS #
- 202620590
About this home
Opportunity to own a working piece of Muncie history: machine shop, rental home, pole barn, fenced, and income potential all in one property. Operating since the early 1900s, this property was home to Kemp Machine Shop and later BK Machine Shop, serving generations of local industry. The machine shop remains operational today, offering an opportunity for an owner-user, investor, or entrepreneur seeking established industrial space with a proven legacy. The property includes the commercial building, an additional pole barn for storage or expansion, and a separate 2-bedroom, 1-bath rental home with an unfinished attic, providing additional income potential. The fenced property offers ample parking and outdoor space. Conveniently located near downtown Muncie, this unique property presents an exceptional live-work opportunity, allowing owners to operate a business while generating rental income from the residential dwelling. Whether you're looking to continue its industrial heritage or reimagine the space for a new venture, the possibilities are endless.
Property details
Interior
- Stories
- 1
- Finished area above grade
- 10,750 sq ft
- Basement
- Unfinished
- Flooring
- Mixed
- Heating
- Natural Gas, Forced Air, Wall Heater, Multiple Heating Systems
- Cooling
- Central Air, Multiple Cooling Units
Exterior & parking
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt, Metal, Shingle
- Parking
- Asphalt, Concrete, Gravel, Paved, On Street, Off Site
- Fencing
- Chain Link, Full
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 0.78 ac
- Lot dimensions
- 163x210
- Location type
- City
- County
- Delaware County
- Township
- Center
- Road frontage
- City Street
- Road surface
- Asphalt
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS friendy
Taxes & terms
- Annual taxes
- $1,428
- Tax year
- 2026
- Tax abatement
- No
- Listing terms
- Cash, Conventional
- Possession
- negotiable
- Parcel number
- 181116430007000003
Included in the sale
- Included in sale
- Building
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water Hook-Up
- Electric provider
- AEP/I&M
- Gas provider
- CenterPoint Energy
- Water provider
- Indiana American Water Co
- Cable / internet provider
- Comcast/Xfinity
Income & commercial
- Electric meters
- 1
- Gas meters
- 2
- Water meters
- 1
- Ceiling height
- 10ft
Location
Similar homes
$114,000
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Listing courtesy of Coldwell Banker Real Estate Group
