625 S Tillotson Ave - Freestanding FOR SALE


Muncie, IN 47304- North Muncie
$695,000 USD
765-808-1400
625 S Tillotson Ave, Muncie, IN for Sale
$695,000 USD
Freestanding - FOR SALE
1/11
null | 8.24% Cap Rate

625 S Tillotson Ave
Muncie, IN 47304
North Muncie


HIGHLIGHTS

  • 3 Parcels with 12 commercial tenants $110,000 Gross Income

OVERVIEW

Fully leased 12 unit commercial property with opportunity for redevelopment or hold this 100% occupied property for the income stream. This 3 building, 12 unit business property is located on Tillotson Ave in Muncie IN adjacent to Payless (Kroger Brand) Grocery, Taco Bell and KFC. This is a strong retail and medical corridor located between Downtown Muncie and Yorktown in SW Muncie. Close to Ball State University, Indiana University Hospital and White River. Owner is an Indiana Licensed Real Estate Broker.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

8.24%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

18-11-17-153-016.000-003

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 Policy.