225 N High St - Office FOR SALE


Muncie, IN 47305- Downtown Muncie
$945,000 USD
765-808-1400
225 N High St, Muncie, IN for Sale
$945,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

NEW


225 N High St
Muncie, IN 47305
Downtown Muncie


OVERVIEW

Prime downtown Muncie Building and Parking Lots. This 20,000 sq ft 2 story commercial building with 3 parking lots and 50 parking spaces is now available for sale. Located across from City Hall and adjacent to the proposed High Pointe Station Development Opportunity to redevelop or continue leasing as office space. This property was originally built as an automotive dealership in 1928 and later redeveloped into the "Federal Building" with federal government office tenants as well as local office tenants. Amenities include passenger elevator, 2 sets of commercial restrooms and two sets of stairwells. Currently there are five leased tenant spaces plus parking space leases. This offering includes four parcels.

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

CBD

APN/PARCEL ID

18-11-09-482-008.000-003

ASK ABOUT THIS PROPERTY

Brian AllardtColdwell Banker Commercial --Real Estate GroupMore Info
765-808-1400

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Brian AllardtColdwell Banker Commercial --Real Estate GroupMore Info
765-808-1400

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