705 E McGalliard Road
Muncie, IN 47303MLS# 202529957
Retail
$450,000
Active
About this home
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. Frontage lots on McGalliard can be purchased for $250,000 without rental properties. Each house is leased at $1000 a month.
Property Features
Location Information
County:Delaware County
Area:Delaware County County
Township:Center
Subdivision:Granville Park
Latitude:40.218721
Longitude:-85.378533
Directions:Walnut to McGalliard east to the property
Interior Features
Has Basement:No
Exterior Features
Has Waterfront:No
Lot Size in Acres:32,670 sqft
Additional Information
Property Type:Retail
Year Built:1954
APN:18-11-03-178-005.000-003
Status:Active
Listing Office:Coldwell Banker Real Estate Group
Listing Agent:Brian Allardt
