Listed by Coldwell Banker Commercial Real Estate Group, Coldwell Banker Real Estate Group Muncie
$450,000
705 E McGalliard Road
Details
Property Type Land
Sub Type Commercial
Year Built 1954
Acreage 0.32 - 0.75
Zoning BV and R3
Land
Marketing description
McGalliard Road frontage, .75 acre lot with Billboard Income. Prime redevelopment parcel adjacent to across from multiple retail uses. Across from the soon to be redeveloped Muncie Mall which has new owners. This property consists of 4 lots with a total land size of approximately 3/4 of an acre. The two lots fronting McGalliard are vacant except for a billboard which generates $3500 in annual income. The two rear lots are located on Dunn Ave and each lot has a residential rental property. Interior of rentals can be accessed upon an accepted offer during due diligence period.
Investment highlights
2 Frontage lots on McGalliard Rd across from the Muncie Mall
Billboard Income
Ability to add 2 additional lots which have residential rentals
Listing Contacts
Listed by Coldwell Banker Commercial Real Estate Group, Coldwell Banker Real Estate Group Muncie
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