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Listed by Coldwell Banker Real Estate Group
$450,000
Est. payment /mo
2 Baths
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 IRM202529957
HOA Y/N No
Year Built 1954
Annual Tax Amount $7,400
Tax Year 24
Lot Size 0.750 Acres
Acres 0.75
Lot Dimensions 120 X 238
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
Zoning BV and R3
Rooms
Basement Slab
Interior
Heating Forced Air
Inclusions Land
Fireplace N
Exterior
Parking Features Gravel
View Y/N true
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Pets Allowed No
Tax ID 18-11-03-178-005.000-003
Acceptable Financing IRM202529957
Listing Terms IRM202529957
Special Listing Condition None
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