See all 15 photos
$695,000
Est. payment /mo
0.68 Acres Lot
Price Dropped by $25K
2001 S Madison Street Muncie, IN 47302
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UPDATED:
11/18/2024 11:03 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202435746
Year Built 1988
Annual Tax Amount $9,610
Lot Size 0.680 Acres
Property Description
Well located Advanced Auto Net Leased property in Muncie IN. 7000 square foot building built for Advanced Auto. Recent lease extension for five years. 7.25 Cap rate on rents of $50,400 per year. Well maintained building with plenty of parking. Located just south of CVS and Walgreens in a strong retail corridor.
Location
State IN
County Delaware County
Area Delaware County
Zoning BV Variety Business Zone
Direction Memorial to Madison south to property
Interior
Flooring Tile
Appliance Building, Land, Lease
Laundry , 35
Exterior
Roof Type Build-Up
Total Parking Spaces 35
Building
Story 1
New Construction No
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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