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Listing Courtesy of Brian Allardt of Coldwell Banker Lunsford

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1709-1721 N Walnut St - Commercial Multi-Tenant buildings located on North Walnut Street between McGalliard and downtown Muncie. Great opportunity for owner occupant business located just off Walnut and Centennial. Nice commercial corridor for various types of businesses. Over 17,000 square feet of building area and 1.2 acres of land. Currently configured with 4 commercial spaces. Newer metal roofing, plenty of parking - both asphalt and gravel. Access from both Walnut St and Centennial Ave. Former dress shop space is for lease for $1300 per month. There is a rear storage area that is for lease at $800 per month. If the dress shop and storage area are leased together the monthly fee would be $1,875 per month. 4th parcel #18-11-04-477-034.000-003.

Listing information

  • MLS® ID: 201738660
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $7,012
  • Style: Retail / Hospitality / Service
  • Stories: 2
  • Lot Area: 1.20
  • Subdivision: Walnut Heights
  • Year Built: 1954
  • New Construction: No
  • Lot Size: n/a

Features

BASEMENT/FOUNDATION Partial Basement, Slab
Burglar Alarm Y/N No
COOLING Central Air
Currently Leased Y/N Yes
DOCUMENTS AVAILABLE None
Equipment Y/N No
EXTERIOR Aluminum, Wood
Fire Doors Y/N No
FIRE PROTECTION City
FLOORING Carpet, Laminate, Vinyl
HEATING/FUEL Forced Air, Gas
Ingress/Egress Asphalt
INTERIOR WALLS Drywall
INTERNAL ROOMS Showroom, Storage
LEASE INCLUDES Building
Lease Price Per Month
LEASE TERM 3 or More Years
LEASE TYPE Gross Lease
Other Approx. Lot Size SqFt - 52272, Bldg1 Above Grd SqFt - 16842, Bldg1 Below Grd SqFt - 0, Bldg1 Fin. Office SqFt - 900, Bldg1 Story - 2, Bldg2 Above Grd SqFt - 1745, Bldg2 Below Grd SqFt - 1045, Bldg2 Fin. Office SqFt - 1745, Ceiling Height - 8 & 9, Interior Height - 9, Number of Buildings - 2, Parking Type - Asphalt & Gravel, Total Restrooms - 5
PARCEL DESCRIPTION 0-2.9999
PARKING Gravel, Off-Street, Paved, Yes
Planned Unit Dev. Y/N No
PRESENT USE Retail
Property for Sale Y/N Yes
Property SubType Retail
PROPERTY USE Investment Property, Vacant-Best for Owner/Usr
PROPOSED FINANCING Cash
Road Access City
Road Surface Asphalt
ROOF MATERIAL Metal
Security Light Y/N No
SEWER City
Smoke/Fire Alarm Y/N No
SPECIAL FEATURES Display Window(s), Locker/Change Room
Sprinkler System Y/N No
Water Heater Y/N Yes
Water Softener Y/N No
WATER UTILITY Public
Waterfront Y/N No
Listing Courtesy of Brian Allardt of Coldwell Banker Lunsford