108 S Walnut St - Office FOR SALE


Muncie, IN 47305- Downtown Muncie
$1,325,000 USD
765-749-0665
108 S Walnut St, Muncie, IN for Sale
$1,325,000 USD
Office - FOR SALE
1/56
null | 9.63% Cap Rate

108 S Walnut St
Muncie, IN 47305
Downtown Muncie


OVERVIEW

Distinctive downtown Italian-style 3-story building fully remodeled and near full occupancy. With over 18,000 s.f. of leasable space, this building stands out as one of Muncie's finest historical buildings with an original construction date of 1880. Newly established River Front District allows for a discounted Liquor License. ( approx $1,000 per year). NDA required for Proforma and additional Sales Information. First Floor Retail and Restaurants. Second and Third Floor is office including a Ball Room for Events!

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

9.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

CB Central Business Zone

APN/PARCEL ID

18-11-10-363-001.000-003

ASK ABOUT THIS PROPERTY

Mark SturgisADM Commercial PropertiesMore Info
765-749-0665

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Mark SturgisADM Commercial PropertiesMore Info
765-749-0665

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.