Freestanding Retail or Office Muncie

Office for Sale
Catylist Listing ID: 30803073
Property Subtypes: Office Building
Building Size (RSF): 2,600 SF
Gross Land Area: 0.70 Acres
Sale Price: $79,000
Unit Price: $30.38 PSF
Ceiling: 7.5 ft.
Property Use Type: Vacant/Owner-User
Building Name: Boy Scout
Usable Size (USF): 2,600 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/23/2022

Overview / Comments

Former office and retail space for local Boy Scouts. Quality remodeling in 2008 with new mechanicals, roof interior build out. 2000 sq ft on ground floor including retail space, 2 offices, conference room, 2 restrooms. 600 sq ft of space on second floor, finished and currently used for storage. 2 HVAC units. Asphalt parking on .70 acre lot. Zoned BV business variety. Back grass lot is zoned R3. Good Commercial corridor on the eastside of Muncie.

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-12-357-017.000-003
Property Located Between: Downtown Muncie and the Muncie Bypass
Area Description: 4 lane road State Highway 32/Jackson Street provides access to downtown Muncie from the Muncie Bypass-US 35 and SR 67
Total Number of Buildings: 1
Number of Stories: 15
Typical SF / Floor: 2,000 SF
Year Built: 1949
Year Renovated: 2008
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Wood Siding over concrete block
Parking Type: Surface
Parking Description: Asphalt parking for approximately 12 vehicles
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Good interior finish with drywall, carpet and LV Plank flooring, 2 ADA restrooms, Solid wood doors.
Zoning Description: Business Variety
Lot Frontage: 140
Lot Depth: 218
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 2 Parcels--PT W HLF SW QTR 0.4500Acres STR: 122010 #18-11-12-357-017.000-003 IN: OUT:  and MAYFIELD EXT 0.0000Acres STR: 122010 IN: 374 OUT: #18-11-12-357-008.000-003

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,035 43,004 79,832
Median Age: 40.25 35.47 35.38
Households: 2,081 18,361 31,374
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