313 W 5th Street, Muncie, IN 47302
sale
$149,000
|
Other
Courtesy Of RE/MAX Real Estate Groups
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.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Multi Units
- Cooling System: Central Air
- Floor Covering: Mixed
- Legal Description: S P A E 140FT LOT 1 BLK 6
- MLSID: 202620590
- Roof Type: Asphalt
- Roof Type: Metal
- Roof Type: Shingle
- Rooms: Basement
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