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2700 N Wheeling Avenue

Muncie, IN 47303
  • $295,000
  • STATUS: Active
  • ON SITE: 689 Days
  • MLS #: 201951220
$295,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,114
    SQFT
Neighborhood:
Type:
Commercial
Built:
1947
County:
Area:

School Ratings & Info

Description

Retail property available just south of the busiest intersection in Muncie----McGalliard Rd and Wheeling Ave. This corner boosts a large successful shopping center (Northwest Plaza) with outlots including; Chase, Bob Evans, Applebees, Taco Bell, Aspen Dental plus many other national retailers. A Speedway Convenience Store and a Payless (Kroger) grocery anchored development are also located at this corner. Wheeling is in process of a road widening and improvement project between Ball State University and Downtown Muncie to this property. The time to buy is now for this quickly developing corridor linking Ball State University to McGalliard Road. The income stream this property produces is a bonus during the holding period until the property is redeveloped. This property ideally located in the northwest quadrant of Muncie close to Ball State University, McGalliard Road and Downtown Muncie. This is a corner lot and ideal for redevelopment, there are several fast food operations nearby and some new construction in the area. Owner reports gross income of over $46,000 annually from 10 units as well as billboard income.

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© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-17T00:27:35.323.

www.hillteamllc.com/homes/101324589
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2700 N Wheeling Avenue Muncie, IN 47303

  • Price: $295,000
  • Status: Active
  • MLS #: 201951220
0
Beds
0
Baths
0
½ Baths
0.44
Acres
4,114
SQFT
$72
$/SQFT
1947
Built
Neighborhood:
Northton
County:
Delaware
Area:
Delaware
Property Description
Retail property available just south of the busiest intersection in Muncie----McGalliard Rd and Wheeling Ave. This corner boosts a large successful shopping center (Northwest Plaza) with outlots including; Chase, Bob Evans, Applebees, Taco Bell, Aspen Dental plus many other national retailers. A Speedway Convenience Store and a Payless (Kroger) grocery anchored development are also located at this corner. Wheeling is in process of a road widening and improvement project between Ball State University and Downtown Muncie to this property. The time to buy is now for this quickly developing corridor linking Ball State University to McGalliard Road. The income stream this property produces is a bonus during the holding period until the property is redeveloped. This property ideally located in the northwest quadrant of Muncie close to Ball State University, McGalliard Road and Downtown Muncie. This is a corner lot and ideal for redevelopment, there are several fast food operations nearby and some new construction in the area. Owner reports gross income of over $46,000 annually from 10 units as well as billboard income.
Exterior Features

Construction Type1 Frame Exterior Vinyl Fire Doors YN No Location City Lot Dimensions 115X169 Parking Off-StreetPaved Parking Spaces 30 Parking Type Asphalt Parking YN Yes Road Access City Road Surface Asphalt Roof Material Metal Security Light YN No Sign Type Street Sign Pole Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation CrawlPartial BasementSlab Basement YN Yes Bldg1 Above Grd Sq Ft 4114 Bldg1 Below Grd Sq Ft 675 Bldg1 Fin Office Sq Ft 300 Ceiling Height 8 Column Spacing N/A Cooling Central Air Flooring CarpetVinyl Tile Heating Fuel Forced AirGas Interior Height 8 Interior Walls Drywall Special Features None Total Restrooms 5

Property Features

Annual Taxes 4606 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN No Documents Available Plat Map Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Inside City Limits Yes Lease Available YN No Lease Term Remaining N/A New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Retail Property Sub Type Retail Property Use Investment PropertyVacant-Best For Owner/Usr Proposed Financing Cash Public Utilities Electric Hook-Up Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN No Sprinkler System YN No Tax Abatement No Township Center Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2019

Listing courtesy of Brian Allardt of Coldwell Banker Real Estate Group.
© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty.


© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-17T00:27:35.323.

 
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Evansville IN, 47715