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    105 E Main Street

    Muncie, IN 47305
    • $1,050,000
    • STATUS: Active
    • ON SITE: 1330 days
    • MLS #: 201703282
    UPDATED: 6 min ago
    $1,050,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,636
      SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1880
    County:
    Area:

    School Ratings & Info

    Description

    105 Main St, Muncie, IN 47304 Investment commercial property A great historical building in the downtown Muncie corridor. Approximately 21,636 Square Foot Building 7160 Basement SqFt, 7164 1st Floor SqFt, 7236 Second floor SqFt, 7236 Third Floor SqFt. This building received extensive renovation in 2013 to all the mechanical systems. Updates to heating/ cooling, all new electrical, new plumbing, Sprinkler system, Elevator. All systems brought up to new code. Has 3 stories and a basement level, Roof is 9 years old. Outside Facade updates included, painting, ornate trim work. Entire building is now vacant a restaurant in the same building space. Lease Restaurant for $2250.00 per month triple net with equipment included and the rest of the building is available for lease at $14,500.00 per month triple net. The building is part of the historical register in Downtown Muncie. With the Eye catching downtown revitalization project complete. Make this building part of your investment portfolio. Could be used in a multitude of ways.

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    © 2020 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 Parker Team | Keller Williams Realty. Data last updated: 2020-09-18T07:29:06.37.

    www.parkerteamhomes.com/homes/69431584
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    105 E Main Street Muncie, IN 47305

    • Price: $1,050,000
    • Status: Active
    • Updated: 6 min ago
    • MLS #: 201703282
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    21,636
    SQFT
    $49
    $/SQFT
    1880
    Built
    Neighborhood:
    None
    County:
    Delaware
    Area:
    Delaware
    Property Description
    105 Main St, Muncie, IN 47304 Investment commercial property A great historical building in the downtown Muncie corridor. Approximately 21,636 Square Foot Building 7160 Basement SqFt, 7164 1st Floor SqFt, 7236 Second floor SqFt, 7236 Third Floor SqFt. This building received extensive renovation in 2013 to all the mechanical systems. Updates to heating/ cooling, all new electrical, new plumbing, Sprinkler system, Elevator. All systems brought up to new code. Has 3 stories and a basement level, Roof is 9 years old. Outside Facade updates included, painting, ornate trim work. Entire building is now vacant a restaurant in the same building space. Lease Restaurant for $2250.00 per month triple net with equipment included and the rest of the building is available for lease at $14,500.00 per month triple net. The building is part of the historical register in Downtown Muncie. With the Eye catching downtown revitalization project complete. Make this building part of your investment portfolio. Could be used in a multitude of ways.
    Exterior Features

    Construction Type1 Block Driveway None Exterior BlockBrickMasonryStucco Fence None Fire Doors YN Yes Lighted Parking YN Yes Location CityHistoric District Lot Dimensions 62.5X125 Parcel Description Corner Parking PublicStreet Parking Spaces 7 Parking Type Street Parking YN Yes Road Access City Roof Material FlatRubber Sea Wall Type None Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Water Features None Waterfront YN No

    Interior Features

    Basement Foundation Unfinished Basement YN Yes Bldg1 Above Grd Sq Ft 21636 Bldg1 Below Grd Sq Ft 7164 Bldg1 Fin Office Sq Ft 23280 Ceiling Height 17 Approximately Column Spacing 20 Cooling Central Air Flooring Concrete Heating Fuel Multiple Heating Systems Interior Height 18 Approximately Interior Walls Block Internal Rooms KitchenOfficeWorkroom Special Features Three PhasePassenger ElevatorBasementVentilating/Exhaust Fans Total Restrooms 6

    Property Features

    Annual Taxes 216 Assessed Value 649000 Auction YN No Buildings 1 Burglar Alarm YN Yes Cable Company Comcast Cap Rate 7.34% Cross Street Walnut Currently Leased YN Yes Documents Available Aerial PhotoLbp Form Electric Company Aep/I&Amp;M Enterprise Zone No Equipment YN No Exemptions Tax Exempt Existing Financing Other Fire Protection City For Sale Or Rent For Sale Gas Company Vectren Energy Gross Monthly Rent 14500 Ingress Egress Combo Inside City Limits Yes Lease Term Remaining 4 Months Lighted Intersection YN Yes New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Institutional/GovrnmntlRestaurantRetailSchool Property Sub Type Mixed Use Property Use Investment Property Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLeaseLicense Included Security Gate YN No Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN Yes Tax Abatement No Township Center Water Company Indiana American Water Co Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2018

    Listing courtesy of Chris Ambrosetti of Broadway Realty, Inc.
    © 2020 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 Parker Team | Keller Williams Realty.


    © 2020 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 Parker Team | Keller Williams Realty. Data last updated: 2020-09-18T07:29:06.37.

     
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    Lafayette IN, 47905