Office/Creative

Special Purpose for Sale
Also listed as Office
Catylist Listing ID: 30839990
Property Subtypes: Agricultural, Assembly/Meeting Place
Building Size (RSF): 35,560 SF
Gross Building Area: 48,501 SF
Gross Land Area: 20.10 Acres
Sale Price: $950,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/10/2023

Overview / Comments

This truly unique property was originally designed and developed as the headquarters supporting the creativity and talent of Jim Davis, creator of one of the world's most syndicated comic strips, Garfield the Cat. Located only 10 minutes from Muncie's downtown central business district, the facility is situated on 20 serene, wooded acres and boasts the country’s first permitted, permanent solar aquatic system, which treats waste water generated by the facility to return to the ground 95 percent free of impurities. This gem of a property includes a primary structure consisting of large, open spaces, private offices, a beautiful, sun-filled atrium, a commercial kitchen, exercise facility with showers/lockers and a poured concrete basement housing the mechanical systems and archive storage. The separate studio includes 2,233 SF of finished office plus attached greenhouse, poured concrete basement, kitchenette, bath/shower, wood burning stove and fireplace. The studio has potential for use as living quarters for an on-site care taker, additional office space or event space. The 7,952 sf warehouse has multiple overhead doors (exterior and interior) heat and restrooms and is currently used as storage. Approximately 5.5 acres are designated as Wildlife Habitat (a bonus for property taxes) and an additional 2,736 SF greenhouse structure utilized for the waste water treatment process is situated on an adjacent parcel. This property truly is beyond words to describe. Please schedule a tour to enjoy the amenities this property has to offer. See attachments for additional information on the property's history. Personal property is negotiable.

NOTE: Square Footage is approximate and is not guaranteed to be accurate

Main office/studio 35,580 SF (3 levels)
Rear office/studio 2,233 SF (finished office)
924 SF (attached greenhouse)
840 SF (basement)
Warehouse 7,952 SF (58'x136' plus vestibule)
Greenhouse/waste recycle 2,736 SF

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $10,446 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-08-19-176-005.000-004
Zoning: LIMITED BUSINESS AND FARMING
Highway Access: 1/2 mile to SR 67
Airports: Delaware County Airport 4.3 miles from property
Site Description: 5 parcels totaling 20.10 acres, rolling, partially wooded,
Total Number of Buildings: 3
Number of Stories: 3
Year Built: 1982
Year Renovated: 1990
Parking Type: Surface
Parking Description: Concrete
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Radiant
Air Conditioning: Engineered System
Internet Access: Cable, Fiber Optic
Zoning Description: Limited Business and Farming
Water Service: Well
Sewer Type: Septic, Other

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,535 2,939 8,913
Median Age: 41.04 43.74 43.01
Households: 663 1,232 3,580

Contact

© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Indiana Commercial Board of REALTORS® nor Moody's assume any liability for errors or omissions.