Retail/Warehouse

Retail-Commercial for Sale
Catylist Listing ID: 30182864
Property Subtypes: Free-Standing Building
Building Size (RSF): 7,200 SF
Gross Land Area: 0.46 Acres
Sale Price: $275,000
Unit Price: $38.19 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/21/2018

Overview / Comments

Freestanding building located south of the intersection of McGalliard Rd. and N. Walnut Street. Roof recently re-shingled (1 layer). Gas heat in warehouse and 8' overhead door.

Building consists of approximately 3,000 SF offices/showroom and the remainder in warehouse. Very convenient and visible location with paved parking at your door.

Also For Lease at $6/SF NNN

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $6,736 (Annual)
Tax Value Land $48,100
Tax Value Improvements $154,500
Assessed Value - Total($) $202,600 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-03-151-019.000-003
Zoning: BV BUSINESS VARIETY
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1966
Year Renovated: 2005
Roof Type: Gable
Construction/Siding: Block
Parking Type: Surface
Parking Description: Approximately 14 paved parking spaces
Sprinklers: None
Heat Type: Natural Gas
Zoning Description: R-3 Residential.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT FRAC W HLF NW QTR 0.4600Acres STR: 032010 IN: OUT:

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,989 64,472 86,754
Median Age: 31.64 34.04 35.91
Households: 4,837 24,996 34,407
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