317-363-6901
3401 E Memorial Dr, Muncie, IN for Sale
Storefront - FOR SALE
1/9
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NEW


3401 E Memorial Dr
Muncie, IN 47302
South Muncie


HIGHLIGHTS

  • New tanks and fuel lines installed in 2023 significantly reduce near-term capex and environmental risk.
  • Includes a two-story house for additional income, owner occupancy, or on-site management.
  • New apartment developments across the street are driving increased population density and daily traffic.
  • Operate as-is, rebrand, redevelop, or convert to a modern c-store concept.

OVERVIEW

Located at 3401 E Memorial Dr in Muncie, Indiana, this unique commercial opportunity offers both immediate upside and long-term potential in a growing corridor. The property features an existing fuel station with a fuel supply contract that is set to expire soon, creating an opportunity to secure more favorable terms or rebrand the site. Major capital improvements have already been completed, including new fuel tanks and lines installed in 2023, significantly reducing near-term expenses. The site also includes a two-story residential home, offering additional income potential or space for on-site management. Positioned directly across from newly constructed apartment developments, the property benefits from increasing residential density and consistent traffic. The surrounding growth enhances visibility and strengthens the site’s long-term viability as a retail fuel location. The current owner is absentee and does not actively operate the business, leaving clear upside for a hands-on operator. This offering is ideal for an owner-user, investor, or regional operator looking to reposition and maximize value.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Drug Store, Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

comm

APN/PARCEL ID

18-11-24-103-001.000-003

ASK ABOUT THIS PROPERTY

Karanvir SinghCENTURY 21 Commercial ScheetzMore Info
317-363-6901

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Karanvir SinghCENTURY 21 Commercial ScheetzMore Info
317-363-6901

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