2800 E Memorial

Retail-Commercial for Sale
Catylist Listing ID: 30773770
Property Subtypes: Street Retail
Building Size (RSF): 2,600 SF
Gross Land Area: 0.45 Acres
Sale Price: $175,900
Unit Price: $67.65 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/10/2021

Overview / Comments

Great neighborhood retail center in SE Muncie! This property could be a great investment opportunity or new home for you business! The 3 unit building is currently occupied by Pizza King (since 1963), Beauty Shop (approx. 5 years), and Maxwell's Barbershop (since 1960). Property has large parking lot and signage! Building has been well maintained and is built of concrete block and brick.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $2,202 (Annual)
Tax Value Land $15,900
Tax Value Improvements $57,500
Assessed Value - Total($) $73,400 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $2,190 (Annual)
Tax Value Land $15,900
Tax Value Improvements $57,100
Assessed Value - Total($) $73,000 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $2,615 (Annual)
Tax Value Land $22,200
Tax Value Improvements $65,000
Assessed Value - Total($) $87,200 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $2,616 (Annual)
Tax Value Land $22,200
Tax Value Improvements $65,000
Assessed Value - Total($) $87,200 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $2,450 (Annual)
Tax Value Land $22,200
Tax Value Improvements $59,500
Assessed Value - Total($) $81,700 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-14-456-037.000-003
Retail Clientele: General
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1960
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Natural Gas
Air Conditioning: Other
Legal Description: PT WHLFSEQTRSHLF PT SHLF LOT25 WALL 0.4500Acres STR: 142010 IN: OUT:

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,480 44,914 78,944
Median Age: 37.42 33.41 35.4
Households: 3,203 17,449 31,034

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