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$ 450,000
Est. payment /mo
Active
705 E McGalliard Road Muncie, IN 47303
0.75 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Granville Park
MLS Listing ID 202529957
Year Built 1954
Annual Tax Amount $7,400
Lot Size 0.750 Acres
Property Sub-Type Retail
Property Description
McGalliard Road frontage, .75 acre lot with Billboard Income. Prime redevelopment parcel adjacent to across from multiple retail uses. Across from the soon to be redeveloped Muncie Mall which has new owners. This property consists of 4 lots with a total land size of approximately 3/4 of an acre. The two lots fronting McGalliard are vacant except for a billboard which generates $3500 in annual income. The two rear lots are located on Dunn Ave and each lot has a residential rental property. Interior of rentals can be accessed upon an accepted offer during due diligence period. Frontage lots on McGalliard can be purchased for $250,000 without rental properties. Each house is leased at $1000 a month.
Location
State IN
County Delaware County
Area Delaware County
Zoning BV Variety Business Zone
Direction Walnut to McGalliard east to the property
Interior
Flooring Carpet, Tile, Vinyl
Appliance Land
Exterior
Roof Type Asphalt
Building
Story 1
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202529957
IDX information provided by the Indiana Regional MLS
Listed by Brian Allardt • Coldwell Banker Real Estate Group • Cell: 765-808-1400
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