Former Muncie Liquors

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30623388
Property Subtypes: Free-Standing Building
Status: Pending/Contingent
Building Size (RSF): 6,031 SF
Gross Land Area: 0.60 Acres
Sale Price: $299,000
Unit Price: $49.58 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Muncie Liquors
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 6/22/2021

Overview / Comments

REDUCED!! Former Muncie Liquors location with 3,276 SF retail building with large walk-in cooler (+/- 15' x 40'), approximately 650 SF of warehouse with 12' overhead door, office and 2 restrooms.

A detached warehouse was constructed in 2017. Warehouse is finished, heated and has a concrete ramp and overhead door with opener and motion activated lighting. There is an enclosed walk-way connecting the warehouse to the retail building.

Property is in close proximity to Ball State University and has potential for many different uses, including neighborhood/convenience store. Pylon sign and landscaping are non-conforming. Real estate only, liquor license NOT included. Deed restrictions for liquor and tobacco.


Finance Data Year 2020
Assessed Value - Total($) $213,800 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-04-377-036.000-003
Property Located Between: Bethel and North Wheeling Avenues
Property Visibility: Good
Largest Nearby Street: North Wheeling
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1980
Exterior Description: Retail building is concrete exterior with rubber roof. Warehouse building is metal and block with metal roof.
Parking Type: Surface
Parking Description: 7,000 SF Asphalt paving
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,841 69,447 89,820
Median Age: 26.26 34.11 36.06
Households: 5,728 27,303 35,560


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