$695,000

2001 S Madison Street, Muncie, IN 47302

Commercial Property
Built in 1988
0.68acre lot
—— car garage
$——/sqft
Listed 1 year ago

Property Description

Well located Advanced Auto Net Leased property in Muncie IN. 7000 square foot building built for Advanced Auto. Recent lease extension for five years. 7.25 Cap rate on rents of $50,400 per year. Well maintained building with plenty of parking. Located just south of CVS and Walgreens in a strong retail corridor.

Listing Status:: Active
Date Added:: September 16, 2024 at 05:00AM
Listing Office:: Coldwell Banker Real Estate Group : 765-289-2228
Listing Agent:: Brian Allardt : 765-808-1400
MLS ID:: 202435746

Basement: Slab
Flooring: Tile
A/C: Central Air
Heating: Forced Air

General: BlockOverhead Door 1
Parking: PavedParking spaces: 35

Roofing: Build-Up

Zoning: G AND O SUB 0.0000Acres STR: 222010 IN: 1-2-3-4-5 OUT:18-11-22-108-009.000-003

This listing courtesy of Brian Allardt, Coldwell Banker Real Estate Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

South View Elementary School

2100 S Franklin St, Muncie, IN, 47302

Grades PK-5

0.37 miles away

Southside Middle School

1601 E 26th St, Muncie, IN, 47302

Grades 6-8

1.20 miles away

Muncie Central High School

801 N Walnut St, Muncie, IN, 47305

Grades 9-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.