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2001 S Madison Street

Muncie, IN 47302
  • $695,000
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: 202435746
UPDATED: 52 min ago
$695,000
  • 0
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,000
    SQFT
Neighborhood:
Other
Type:
Commercial
Built:
1988
County:
Delaware
Area:
Delaware

School Ratings & Info

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Listing provided by Brian Allardt of Coldwell Banker Real Estate Group: Cell: 765-808-1400.

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.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-01-24T20:27:59.17.

www.myindianahomes.com/homes/155261359
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2001 S Madison Street Muncie, IN 47302

  • Price: $695,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 52 min ago
  • MLS #: 202435746
0
Beds
0
Baths
0
½ Baths
0.68
Acres
7,000
SQFT
$99
$/SQFT
1988
Built
Neighborhood:
Other
County:
Delaware
Area:
Delaware
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.
Exterior Features

Construction Type1 block Exterior Block Fire Doors YN No Lighted Parking YN Yes Lot Dimensions 200 x 149 Parking Paved Parking Spaces 35 Parking Type Asphalt Lot Parking YN Yes Road Access City Roof Material Build-Up Security Light YN Yes Sign Type Street Sign Pole/Sign Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 7000 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 100 Ceiling Height 12 Column Spacing na Cooling Central Air Flooring Tile Heating Fuel Forced Air Interior Height 12 Interior Walls Drywall Internal Rooms ShowroomStorage Special Features Overhead Door 1 Total Restrooms 1

Property Features

Annual Taxes 9610 Auction YN No Buildings 1 Burglar Alarm YN Yes Currently Leased YN Yes Documents Available None Enterprise Zone No Equipment YN No Fire Protection Public For Sale Or Rent For Sale Gross Monthly Expenses 0 Gross Monthly Rent 4200 Ingress Egress Asphalt Inside City Limits Yes Lease Available YN No Lease Term Remaining 5 yrs New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Retail Property Use Investment Property Reo YN No Sale Includes BuildingLandLease Sewer Public Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Center Water Heater YN Yes Water Softener YN No Water Utility Public Year Taxes Payable 23 pay 24

Listing provided by Brian Allardt of Coldwell Banker Real Estate Group: Cell: 765-808-1400.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc..


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-01-24T20:27:59.17.

 
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McAfee Home Group | Century 21 Realty, Inc.
2928 E Dupont Rd
Fort Wayne IN, 46825
Listing provided by Brian Allardt of Coldwell Banker Real Estate Group: Cell: 765-808-1400.