The Flower Bin

Retail-Commercial for Sale
Catylist Listing ID: 30763919
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 2,126 SF
Gross Land Area: 0.58 Acres
Sale Price: $495,000
Unit Price: $232.83 PSF
Property Use Type: Vacant/Owner-User
Building Name: The Flower Bin
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/10/2023

Overview / Comments

Prime McGalliard Road retail site with existing 2,126 SF structure. Property has potential for redevelopment and has been a flower shop for many years.

Sale is for real estate only, but ongoing business could be purchased separately.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $10,714 (Annual)
Assessed Value - Total($) $335,200 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-04-277-007.000-003
Zoning: LIMITED INDUSTRIAL
Retail Clientele: Business
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,126 SF
Property Condition: Average
Year Built: 1939
Year Renovated: 1983
Roof Type: Gable
Construction/Siding: Wood Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 182.49
Lot Depth: 138.5
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT NE QTR 0.5800Acres STR: 042010 IN: OUT:

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,591 63,159 85,920
Median Age: 33.07 33.99 35.86
Households: 4,300 24,460 34,087

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