614 E Streeter Ave
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30844413 |
| Building Size (RSF): |
4,576 SF
|
| Gross Land Area: |
0.95 Acres
|
| Sale Price: |
$229,000 |
| Unit Price: |
$50.04 PSF |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/7/2023 |
Overview / Comments
|
4 Unit commercial building with 2 office spaces (one is currently converted to a residence) and 2 residential units. 3 units are located on main level and 1 unit is located on upper level. Building also offers huge storage space with overhead door, large paved parking lot (approximately 24 spaces), and almost an acre of ground in total. The two lots west of the building are zoned to build up to 4 unit structures. Three of the 4 units are currently leased. Lease information and details are available upon request. Property offers quick access to downtown Muncie, McGalliard Rd, and Muncie ByPass.
|
Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$2,760 (Annual) |
| Tax Value Land |
$18,900 |
| Tax Value Improvements |
$80,400 |
| Assessed Value - Total($) |
$99,300 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$2,915 (Annual) |
| Tax Value Land |
$25,600 |
| Tax Value Improvements |
$79,300 |
| Assessed Value - Total($) |
$104,900 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$2,882 (Annual) |
| Tax Value Land |
$27,500 |
| Tax Value Improvements |
$68,600 |
| Assessed Value - Total($) |
$96,100 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$2,772 (Annual) |
| Tax Value Land |
$27,500 |
| Tax Value Improvements |
$64,900 |
| Assessed Value - Total($) |
$92,400 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$3,018 (Annual) |
| Tax Value Land |
$27,500 |
| Tax Value Improvements |
$73,100 |
| Assessed Value - Total($) |
$100,600 (Annual) |
Additional Details
| Nearest MSA: |
Muncie |
| County: |
Delaware |
| Tax ID/APN: |
18-11-03-326-012.000-003 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1914 |
| Year Renovated: |
1994 |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Other |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
PT N SD NE QTR NW QTR W OF TPK S03 T20 R10 0.330 AC
3-75 W OF TPK PC N SD NE QTR S03 T20 R10 0.180 AC
PT N SD NE QTR SE QTR W OF T K S03 T20 R10 0.200 AC
PT N SD NE QTR SW QTR W OF TPK S03 T20 R10 0.240 AC |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,333 |
64,073 |
87,427 |
| Median Age: |
33.17 |
33.94 |
35.99 |
| Households: |
3,620 |
24,930 |
34,687 |
|
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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.
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