About 313 W 5th Street
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.
Features of 313 W 5th Street
| MLS® # | 202623603 |
|---|---|
| Price | $139,900 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,014 |
| Acres | 0.78 |
| Year Built | 1900 |
| Type | Multifamily |
| Sub-Type | Other |
| Style | Other |
| Status | Active |
Community Information
| Address | 313 W 5th Street |
|---|---|
| Subdivision | None |
| City | Muncie |
| County | Delaware County |
| State | IN |
| Zip Code | 47302 |
Amenities
| Amenities | None |
|---|---|
| Features | Fenced Yard, Off Street Parking |
| Parking Spaces | 10 |
| Parking | Off Street |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior | Mixed |
|---|---|
| Heating | Gas, Forced Air, Wall Heater, Multiple Heating Systems |
| Cooling | Central Air, Multiple Cooling Units |
| # of Stories | 2 |
| Stories | Other |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Brick, Vinyl |
|---|---|
| Lot Description | Corner |
| Roof | Asphalt, Metal, Shingle |
| Construction | No |
School Information
| District | Muncie Community Schools |
|---|---|
| Elementary | Southview |
| Middle | Southside |
| High | Central |
Additional Information
| Days on Market | 98 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Lisa Buckner |
|---|---|
| Office | RE/MAX Real Estate Groups |