Muncie Downtown Property

Retail-Commercial for Sale
Catylist Listing ID: 30042082
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 8,000 SF
Gross Building Area: 21,686 SF
Sale Price: $580,000
Unit Price: $72.50 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/30/2017

Overview / Comments

Heorot and adjacent Valhalla Music Hall & Beer Garden
Owner desires to sale and lease back both buildings for one-year at $30,000 to be paid up front upon Closing. Lease shall included the right to two (2) one-year options to renew at the same rental.

Attachments & Media

Additional Details

Nearest MSA: Muncie
County: Delaware
Taxing Authority: Muncie, Indiana
Tax ID/APN: 18-11-16-229-016.000-003

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,587 69,199 88,344
Median Age: 29.45 34.23 36.17
Households: 5,613 27,191 35,038


Photograph of Listing Agent

Mark Sturgis

ADM Commercial Real Estate
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