Suburban Office on 5 Acres

Office for Sale
Sale Pending
Catylist Listing ID: 30854283
Property Subtypes: Office Building, Other
Status: Pending
Building Size (RSF): 8,782 SF
Gross Building Area: See Agent
Gross Land Area: 5.09 SF
Sale Price: $419,000
Unit Price: $47.71 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Former Farm Bureau Insurance
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2023

Overview / Comments

Explore an exceptional 8,782 sq ft Muncie, IN building, conveniently located 2 miles from McGalliard on State Road 67, just 1/3 of a mile from the Muncie Bypass. With 13 offices/patient rooms, full kitchen, 2 bathrooms, expansive conference/event space, garage, patio with canopy, and ample 64 car asphalt parking, this versatile property offers comfort and convenience. Customize the additional unfinished space to your needs. This property would also set up well as another use such as church, daycare or medical. 5 Acres of Land!

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 0726200021000
Property Located Between: Muncie and Albany
Property Visibility: Excellent
Highway Access: On State Road 67
Site Description: 5.09 acres
Area Description: Suburban location just off the Muncie Bypass on the north side of Muncie
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,782 SF
Year Built: 1972
Year Renovated: 2015
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Asphalt 64 marked spaces
Total Parking Spaces: 64
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Interior Description: 6400 sq ft of finished office. 1800 sq ft of unfinished area (former offices, stripped down to just stud walls ready to renovate as needed.
Zoning Description: BV Variety Business
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,384 72,280
Median Age: 35.1 34.84
Households: 7,459 28,016
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