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2700 N Wheeling,  Muncie IN, 47303 (Commercial)

Status: Active
MLS#: 201951220
1of
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Last Updated: 10/21/2020 2:28 PM
Description for 2700 N Wheeling Muncie, IN 47303
Retail property available just south of the busiest intersection in Muncie----McGalliard Rd and Wheeling Ave. This corner boosts a large successful shopping center (Northwest Plaza) with outlots including; Chase, Bob Evans, Applebees, Taco Bell, Aspen Dental plus many other national retailers. A Speedway Convenience Store and a Payless (Kroger) grocery anchored development are also located at this corner. Wheeling is in process of a road widening and improvement project between Ball State University and Downtown Muncie to this property. The time to buy is now for this quickly developing corridor linking Ball State University to McGalliard Road. The income stream this property produces is a bonus during the holding period until the property is redeveloped. This property ideally located in the northwest quadrant of Muncie close to Ball State University, McGalliard Road and Downtown Muncie. This is a corner lot and ideal for redevelopment, there are several fast food operations nearby and some new construction in the area. Owner reports gross income of over $46,000 annually from 10 units as well as billboard income.
Price
$295,000
Northton
Delaware County
201951220
Active
Description
Retail property available just south of the busiest intersection in Muncie----McGalliard Rd and Wheeling Ave. This corner boosts a large successful shopping center (Northwest Plaza) with outlots including; Chase, Bob Evans, Applebees, Taco Bell, Aspen Dental plus many other national retailers. A Speedway Convenience Store and a Payless (Kroger) grocery anchored development are also located at this corner. Wheeling is in process of a road widening and improvement project between Ball State University and Downtown Muncie to this property. The time to buy is now for this quickly developing corridor linking Ball State University to McGalliard Road. The income stream this property produces is a bonus during the holding period until the property is redeveloped. This property ideally located in the northwest quadrant of Muncie close to Ball State University, McGalliard Road and Downtown Muncie. This is a corner lot and ideal for redevelopment, there are several fast food operations nearby and some new construction in the area. Owner reports gross income of over $46,000 annually from 10 units as well as billboard income.
Listing Information
Property Type: Retail, Other
1947
Center//
Northton
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Forced Air
City
Exterior / Lot Features
Off Street, Paved Driveway
City Sewer
None
115X169
0.44 Acres
In City, City Road, Asphalt
Driving Directions
McGalliard to Wheeling, south to 2700 N. Wheeling.
Financial Considerations
18-11-04-176-013.000-003
$4,606
Listing Price History
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Muncie Real Estate

Muncie is located in Indiana. Muncie, Indiana 47303 has a population of 67,860.

The median household income in Muncie, Indiana 47303 is $28,515. The median household income for the surrounding county is $34,860 compared to the national median of $50,013. The median age of people living in Muncie 47303 is 35 years.

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Courtesy: Brian Allardt - Coldwell Banker Real Estate Group
This content last refreshed on 10/21/2020 2:28 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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