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Rally's 400 S Madison St 768 SF Retail Building Muncie, IN 47305 For Sale

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INVESTMENT HIGHLIGHTS

  • Prime Downtown Corner with Double Drive-Thru
  • Dense Civic, Education & Cultural Hub
  • Turnkey Restaurant with Strong Visibility

EXECUTIVE SUMMARY

Prime Downtown Corner with Double Drive-Thru – Rare freestanding QSR at a signalized intersection in Downtown Muncie featuring a dual drive-thru configuration and exceptional ingress/egress.
Turnkey Restaurant with Strong Visibility – ±768 SF building on a 0.7-acre parcel with prominent pole signage, outdoor seating, and ±14 parking spaces supporting high-volume operations.
Dense Civic, Education & Cultural Hub – Located near Ivy Tech Community College, Muncie Civic Center, Horizon Convention Center, Madjax Coworking, and Cornerstone Center for the Arts, generating steady daytime and event-driven traffic.
Solid Demographic & Employment Base – Within a 5-mile radius of 81,202 residents, 38,359 employees, and average household income of $70,795, supporting consistent quick-service demand.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
768 SF
Building Class
C
Year Built/Renovated
1989/1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.68 AC
Opportunity Zone
Yes
Zoning
Variety Business Zone - Variety Business Zone
Parking
14 Spaces (18.23 Spaces per 1,000 SF Leased)
Frontage
266’ on S Madison St

AMENITIES

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 768 SF
  • Restaurant
  • -
  • Jul 2026

Prime Downtown Corner with Double Drive-Thru – Rare freestanding QSR at a signalized intersection in Downtown Muncie featuring a dual drive-thru configuration and exceptional ingress/egress. Turnkey Restaurant with Strong Visibility – ±768 SF building on a 0.7-acre parcel with prominent pole signage, outdoor seating, and ±14 parking spaces supporting high-volume operations. Dense Civic, Education & Cultural Hub – Located near Ivy Tech Community College, Muncie Civic Center, Horizon Convention Center, Madjax, and Cornerstone Center for the Arts, generating steady daytime and event-driven traffic. Solid Demographic & Employment Base – Within a 5-mile radius of 81,202 residents, 38,359 employees, and average household income of $70,795, supporting consistent quick-service demand.

Space Size Space Use Position Available
1st Floor 768 SF Restaurant - Jul 2026

1st Floor

Size
768 SF
Space Use
Restaurant
Position
-
Available
Jul 2026

1st Floor

Size 768 SF
Space Use Restaurant
Position -
Available Jul 2026

Prime Downtown Corner with Double Drive-Thru – Rare freestanding QSR at a signalized intersection in Downtown Muncie featuring a dual drive-thru configuration and exceptional ingress/egress. Turnkey Restaurant with Strong Visibility – ±768 SF building on a 0.7-acre parcel with prominent pole signage, outdoor seating, and ±14 parking spaces supporting high-volume operations. Dense Civic, Education & Cultural Hub – Located near Ivy Tech Community College, Muncie Civic Center, Horizon Convention Center, Madjax, and Cornerstone Center for the Arts, generating steady daytime and event-driven traffic. Solid Demographic & Employment Base – Within a 5-mile radius of 81,202 residents, 38,359 employees, and average household income of $70,795, supporting consistent quick-service demand.

NEARBY MAJOR RETAILERS

CrossFit
Old National Bank
Northwest Bank
Chase Bank
Ymca
First Merchants Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-11-15-134-001.000-003
Land Assessment
$148,452 CAD (2024)
Improvements Assessment
$145,677 CAD (2024)
Total Assessment
$294,129 CAD (2024)
  • Listing ID: 38853634

  • Date on Market: 2025-12-22

  • Last Updated:

  • Address: 400 S Madison St, Muncie, IN 47305

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