Active

313 W 5th Street

Mixed Use • 126Y Old
$139,900 Listed 4 months ago
0.78 Acres
Basement
Share
Property Description

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.

Directions

GPS friendy

Property
MLS # 202620590
Date Listed 2026-05-29
Status Active
Property Type Commercial
Property SubType Mixed Use
New Construction No
Type Mixed Use
Basement Yes
Annual Taxes $1,427.50
Year Taxes Payable 2026
Year Built 1900
Virtual Tour propertypanorama.com »
Days on Market 129
Homestead Year No
Room Dimensions
Den 3 × 5596 Level
2nd Bedroom 3130 × 0 Level
3rd Bedroom 2 × 1 Level
4th Bedroom 1 × 2 Level
External Features
Construction Mixed Use
Lot Size 34,230 sq ft
Acreage 0.78 Acres
Lot Dimensions 163x210
Fence None
Location
Area Delaware County
County Delaware
Subdivision None
Township Center
City Muncie
State IN
Zip 47302
Financial
Assoc. Dues $0.00
Contact

By submitting this form you agree to be contacted by Ashley Milakis Spencer about your request. Please see our Privacy Policy.

MLS# 202620590
Listing Provided Courtesy of Lisa Buckner
RE/MAX Real Estate Groups

Listing updated August 28, 2026 at 9:15 am
Last checked 14 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.