7200 N SR 3 North RD, Muncie, IN 47303
7200 N SR 3 North RD, Muncie, IN 47303
7200 N SR 3 North RD, Muncie, IN 47303
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Listed by Coldwell Banker Real Estate Group
$650,000
Est. payment /mo
3 Baths
2.38 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202633706

HOA Y/N No

Year Built 1972

Annual Tax Amount $3,324

Tax Year 25

Lot Size 2.380 Acres

Acres 2.38

Lot Dimensions 382 X 270

Property Sub-Type Industrial

Property Description

Small Industrial investment property with two long term and stable tenants. Tenant 1 is a bakery tenant with a lease for 10,000 sq ft running until 1-31-30 with rent increases 2-1-27 and 2-1-28. Tenant 2 is Overhead Door leasing 5600 sq ft with a lease running until 12-31-27. This property has good visibility on State Road 3 and is zoned II Intense Industrial. Less than 1/2 of the 2.38 acre site is improved allowing for future expansion with building or outdoor storage area.

Location

State IN

County Delaware County

Zoning Industrial

Rooms

Basement Slab

Interior

Heating Gas, Ceiling, Forced Air, Space Heater, Multiple Heating Systems

Inclusions Building, Land, Lease

Fireplace N

Exterior

Parking Features Gravel, Parking Lot, Off Street, Paved

View Y/N true

Total Parking Spaces 20

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Pets Allowed No

Tax ID 18-07-23-300-002.000-006

Acceptable Financing IRM202633706

Listing Terms IRM202633706

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202633706


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Mariah Cressy

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