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Courtesy of Coldwell Banker Real Estate Group, Brian Allardt, Cell: 765-808-1400
1,850 sqft

$450,000

705 E McGalliard Road, Muncie IN, 47303

Price per sqft$243.24
Built in1954
Property size1,850 sqft
Property typeCommercial

Overview

Active

Updated 2 weeks ago

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.

Additional information

MLS® ID
202529957

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.75 Acres

Other Property Details

Taxes
$7,400
Tax Frequency
Annually
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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